GeoSM, one of the leading Russian manufacturers of geosynthetic and insulating materials for industrial and road construction, landscape design and agriculture, has increased industrial exports by 5 times over the past 5 years. The growth in 2023 was 80% compared to the previous year.
"Export is one of the key areas in the company's development strategy. Constant joint work with the Russian Export Center (REC, part of VEB.RF) significantly strengthens the company's export component when entering new markets. REC support measures and qualified expert advice on foreign economic activity provide opportunities to see perspective and strengthen of presence," Sergey Pimankin, Export Development Director and co-founder.
Today, the company exports products to Azerbaijan, Kazakhstan, Kyrgyzstan, Armenia, Belarus, and Uzbekistan. The annual production volume is 20 thousand tons of finished products. In 2023, the company opened a representative office in Almaty, which allowed it to significantly increase the volume of products exported to the Republic of Kazakhstan.
GeoSM LLC products are used in construction of infrastructure facilities, including the Obigarm- Nurobod highway in the Republic of Tajikistan, artificial reservoirs in the Republic of Kazakhstan and the Republic of Moldova, for development of deposits and agricultural needs.
Continuous interaction with REC plays an important role in the company's exports. With REC assistance the company regularly participates in major international exhibition events and business missions, which provides an opportunity to strengthen its position in foreign commodity markets. Thus, the company presented its products at the Made in Russia stand organized by REC at Innoprom.Central Asia in Tashkent in 2023.
In addition, the company actively uses credit support measures and compensations for transport logistics, which allows the manufacturer to supply high-quality products to foreign markets at competitive prices.
In 2023, GeoSM won the 1st prize in the Breakthrough of the Year category and 2nd prize as the Exporter of the Year in the Industrial Segment.
"In the current complex competitive conditions and high risks in foreign economic activity, GeoSM products are always in demand in neighboring countries. The company's effective export policy has allowed it to achieve high results and create a basis for future projects in foreign trade. Thanks to the systematic interaction of the exporter and REC, the company effectively implements foreign economic projects," Artem Krasnov, head of the REC representative office in Nizhny Novgorod.
"Export is one of the key areas in the company's development strategy. Constant joint work with the Russian Export Center (REC, part of VEB.RF) significantly strengthens the company's export component when entering new markets. REC support measures and qualified expert advice on foreign economic activity provide opportunities to see perspective and strengthen of presence," Sergey Pimankin, Export Development Director and co-founder.
Today, the company exports products to Azerbaijan, Kazakhstan, Kyrgyzstan, Armenia, Belarus, and Uzbekistan. The annual production volume is 20 thousand tons of finished products. In 2023, the company opened a representative office in Almaty, which allowed it to significantly increase the volume of products exported to the Republic of Kazakhstan.
GeoSM LLC products are used in construction of infrastructure facilities, including the Obigarm- Nurobod highway in the Republic of Tajikistan, artificial reservoirs in the Republic of Kazakhstan and the Republic of Moldova, for development of deposits and agricultural needs.
Continuous interaction with REC plays an important role in the company's exports. With REC assistance the company regularly participates in major international exhibition events and business missions, which provides an opportunity to strengthen its position in foreign commodity markets. Thus, the company presented its products at the Made in Russia stand organized by REC at Innoprom.Central Asia in Tashkent in 2023.
In addition, the company actively uses credit support measures and compensations for transport logistics, which allows the manufacturer to supply high-quality products to foreign markets at competitive prices.
In 2023, GeoSM won the 1st prize in the Breakthrough of the Year category and 2nd prize as the Exporter of the Year in the Industrial Segment.
"In the current complex competitive conditions and high risks in foreign economic activity, GeoSM products are always in demand in neighboring countries. The company's effective export policy has allowed it to achieve high results and create a basis for future projects in foreign trade. Thanks to the systematic interaction of the exporter and REC, the company effectively implements foreign economic projects," Artem Krasnov, head of the REC representative office in Nizhny Novgorod.