NEWS

A strong show: the international automotive aftermarket is back in Frankfurt.

19.09.2022

Automechanika international show in Frankfurt has ended this September 17th, 78.000 visitors from 175 countries came to the industry‚Äôs leading platform in Frankfurt to experience products and services from workshops, industry and retail live and in person.  2,804 companies from 70 countries exhibited their products and services across 19 hall levels. Although the number of the visitors were smaller than previous years, the exhibition was much more focused, as the visitors were mostly industry professionals who know what they want. Compared to the previous exhibitions, this show was so far the most productive for us - with many new potential customers, as well as new supplier contacts, which will allow us to take the next steps in the development of RECRO products. We were particularly happy to see the customers interest about our new product direction - commercial and industrial automatic transmissions, that we believe will continue to grow. Unfortunately, despite increasing pressure on green economy automotive remanufacturing industry development last years was very slow. Also this year, as remanufacturer of automatic transmissions, we did not felt a significant changes in competition in the European market, because automatic transmission remanufacturing as a market niche in the automotive aftermarket industry remains technologically one of most complicated part, that requires a long-term experience and continuous development of new technologies that often is very challenging for small size companies.

 

SIA RECRO 07.06.2016 has final agreement no. SKV-L-2016/435 with the Investment and Development Agency of Latvia for receiving support within the framework of the "Promotion of International Competitiveness" measure, which is co-financed by the European Regional Development Fund.