September 2008 will see a unique event that will be of interest to the entire power-production community.
The Russian market is welcoming a major Western industrial conglomerate - the DOVER International Corporation.
Dover will mark its entrance into the Russian market by holding DOVER'S DAY IN RUSSIA in Moscow.
DOVER is an international corporation, which has been operating on the global market for over 50 years. Dover is a global manufacturer of innovative equipment and modern industrial products.
Dover consists of 4 segments and over 40 individual firms operating on practically every continent.
Dover's power-production line is based on the latest industrial developments, ultra-modern engineering systems and its successful experience of many years.
On of the key companies of Dover is WAUKESHA Bearings - a world leader in the field of bearings and bearings solutions for turbomachinery.
Today we are publishing an exclusive interview, the first interview in Russia with the official representative of the Dover Corporation in Russia, president of the Moscow branch of Waukesha Bearings, Pavel Goldman.
Questions:
1. Pavel, the entrance of such a major industrial magnate as Dover to the Russian market is undoubtedly a significant event. Why was this decision made in the first place?
Russia is one of the three most rapidly developing economies of the world. No international company, for whom growth is a desirable perspective, can possibly ignore the Russian market. Moreover, Russia's area of specialization in the global economy is increasingly narrowing itself to the power industry. The development of this industry in Russia, unlike in China, for example, is mostly accounted for by the domestic mechanical engineering. We are suppliers of component parts for the power industry as well as for the oil and gas industry. So it is only natural for the companies like ours to have a presence here.
2. How would you describe the modern structure of Dover and what are its priorities today?
Dover is a large worldwide, diversified manufacturer of industrial products serving four end-use market segments. With over 50 operating companies, Dover is organized by market segment: electronic technologies, engineering systems, industrial products and the segment which I represent, Dover Fluid Management, with platforms serving fluid solutions and energy. At the operating company level, top priorities include extending global reach, executing operating and technology synergies throughout the organization and strategic investment to be the leader in every market served.
3. What are your priority tasks that you consider paramount for entering the Russian market?
The priority tasks are:
- The introduction of Russian consumers to Dover's production
- Acquainting Dover with the needs and specificities of Russian consumers and their business subculture
- Developing an understanding of the influence which governmental programs have on business development in Russia
- Searching for potential partners
- Establishing long-term business relations with the key consumers in the Russian market
4. How does Dover`s top management assess the economic situation in Russia?
Dover`s top management believes that Russia is enjoying healthy and stable economic growth. All analysts agree that this rapid growth, especially in the power sector, will last for no less than 10 years. This growth will be accompanied by high rates of investments in infrastructure. In other words, our potential clients
Product Model | Inside Diameter | Outside Diameter | Thickness |
BCE228 bearing | 33.338 | 41.275 | 15.875 |
BCH2020 bearing | 31.75 | 41.275 | 31.75 |