RAEC and LBC Launching a Joint Project

The Russian Association of Electrotechnical Companies and the Lighting Business Consulting Company join efforts in building a civilized market of electrical equipment and launch a joint project to measure the Entrepreneur Confidence (ECI) of the electrotechnical industry of the countries of the Eurasian Economic Community.

ECI is an indicator which, based on the answers obtained from companies’ CEOs regarding the data on their residual stocks, associated demand, and the forecast of further production, allows to characterize the economic activity and provide pre-emptive information on potential fluctuations of economic variables.

Purpose of the survey:

timely acquirement and analysis of qualitative information on the condition and the dynamics of the business activity indicators of the electrotechnical market players.

The survey technique:

Monthly online interviews of companies’ CEOs/owners on the current status of their business (seasonally adjusted) and changes expected in the nearest three months.

The survey does not include lighting companies, for which a separate ECI is available at the LBC website.

RAEC and LBC welcome participation in building up the Electrotechnical Products Manufacturers and Distributors Index. You can submit your application after filling the form following the link.

You can find out more about the LBC-RAEC Index by sending an email to info@lbconsulting.ru and marketing@raec.su.

The press release is available here.

About Russian Association of Electrotechnical Companies

Russian Association of Electrotechnical Companies (RAEC) is the first union of independent electrotechnical distributor companies in Russia, each of them holding a leading position in its region

About Lighting Business Consulting

Lighting Business Consulting (LBC) is the leading electrotecnical consulting company in Russia and the EAEU countries