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BUCE and Flaboform agreed to develop cooperation

06/01/2017

On June 1, representatives of Flaboform GmbH (a major flanges and fittings supplier from Germany) visited BUCE headquarters.    

During the talks, the members of the German delegation learned about BUCE’s main business activities, listed commodities, practical aspects of exchange trading, and ways of securing the fulfillment of obligations under exchange contracts.

встреча с крупным немецким поставщиком металлопродукции

One of the key issues on the agenda was the prospect of selling German flanges and fittings using the exchange trade mechanism. Flaboform representatives were impressed with the advantages offered by BUCE’s electronic platforms and expressed willingness to publish sales offers in BUCE’s trading system.

переговоры с крупным немецким поставщиком металлопродукции

Based on the outcome of the meeting, the sides agreed to study the feasibility of cooperation proposals voiced during the talks and compile a list of German-made metal products that could be popular in Belarus and other countries of the Eurasian Economic Union.

Currently, about 25% of ferrous metals imported to Belarus are sold via BUCE. Russia is the main country of origin.

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