Firms are being encouraged to do business with Russia by a Luton company that clinched three deals in the country worth more than £75,000.
Morris Gordon Engineering, of New Mill End Farm, in Chiltern Green Road, won deals for stainless steel tools for the highways sector as a result of taking part in a UK Trade & Investment (UKTI) trade mission.
Morris Gordon’s MD Chris Cleevely said: “My advice to other companies is do not be frightened by the Russian market. It is enormous and offers good potential for anyone with a quality product.”
Morris Gordon Engineering is a 40 year-old family run business run by Chris and Bob Cleevely.
Trade and Investment Minister Lord Green said: “Russia is our fastest growing major export market and, with 140 million consumers looking for quality British products and services, it offers great opportunities for British businesses. Important steps such as Russia’s accession to the World Trade Organisation are making it easier for British firms to do business there.
“The London Olympics showed the UK delivering an outstanding summer of sport on time and on budget. Now is the time for British businesses to build on this legacy and assist Russia in achieving its ambitious economic modernisation and infrastructure development goals.”
More than 600 UK firms already operate there and exports are on course to hit £5 billion. In the last two years, British exports has increased by more than 80 per cent.