12.08.23
The Russian label and narrow web converting industry is experiencing tough times due to Western sanctions and the growing isolation of the country. This isolation in the international arena has led to suspension of supplies being delivered of most Western machinery and equipment, while local producers still do not have needed competencies to replace imports.
Prior to the Ukranian-Russian war, the label and narrow web (LNW) sector had been one of the fastest growing segments of the entire Russian printing industry with annual growth rates of 10-15%. That was mainly due to a stable demand for high-quality printing services in Russia from local business and state structures. However, Russia’s invasion into Ukraine and the associated tightening of sanctions against the country has put an end for hopes of a further growth of the industry, while creating serious problems for its further long-term development.
In fact, the Russian printing sector has become one of the industries in Russia that has especially suffered from Western sanctions, which is mainly due to its almost total dependence on Western technologies and imports.
Meanwhile, Cartes, which is growing its presence in the North American label and packaging market, has recently been recognized for its advanced embellishment technologies. In 2023 alone, Cartes notched several prestigious awards, including first prize for Best Technological Innovation at the Label Industry Global Awards – celebrated at Labelexpo Europe in Brussels, Belgium, and four more awards at the 30th Annual FSEA Gold Leaf Awards competition.
The company’s wide range of digital finishing techniques deliver a tactile feel that allows brands to stand out on crowded shelves. With competition on the shelf becoming ever more fierce, Cartes’ digital embellishment has assisted converters in providing that eye-catching look.
“The market response to our newest solutions has significantly exceeded our expectations,” notes Virgilio Micale, director of sales, Cartes. “After receiving the innovation award at the last Brussels fair, the interest of our clients has been strongly confirmed with purchase orders that we know will make a radical change in the near future for those new embellishment capabilities to enhance the label’s appearance to the next level."
Here are the highest-trafficked news items from the week ending on December 8:
1. Amid sanctions and isolation, hard times for Russia’s label industry
2. Cartes elevates brands with digital label embellishment
3. TLMI sets 2024 goals at Committee Summit
4. All4Labels Group acquires Uniflexo
5. Dantex and ACTEGA successfully collaborate
Prior to the Ukranian-Russian war, the label and narrow web (LNW) sector had been one of the fastest growing segments of the entire Russian printing industry with annual growth rates of 10-15%. That was mainly due to a stable demand for high-quality printing services in Russia from local business and state structures. However, Russia’s invasion into Ukraine and the associated tightening of sanctions against the country has put an end for hopes of a further growth of the industry, while creating serious problems for its further long-term development.
In fact, the Russian printing sector has become one of the industries in Russia that has especially suffered from Western sanctions, which is mainly due to its almost total dependence on Western technologies and imports.
Meanwhile, Cartes, which is growing its presence in the North American label and packaging market, has recently been recognized for its advanced embellishment technologies. In 2023 alone, Cartes notched several prestigious awards, including first prize for Best Technological Innovation at the Label Industry Global Awards – celebrated at Labelexpo Europe in Brussels, Belgium, and four more awards at the 30th Annual FSEA Gold Leaf Awards competition.
The company’s wide range of digital finishing techniques deliver a tactile feel that allows brands to stand out on crowded shelves. With competition on the shelf becoming ever more fierce, Cartes’ digital embellishment has assisted converters in providing that eye-catching look.
“The market response to our newest solutions has significantly exceeded our expectations,” notes Virgilio Micale, director of sales, Cartes. “After receiving the innovation award at the last Brussels fair, the interest of our clients has been strongly confirmed with purchase orders that we know will make a radical change in the near future for those new embellishment capabilities to enhance the label’s appearance to the next level."
Here are the highest-trafficked news items from the week ending on December 8:
1. Amid sanctions and isolation, hard times for Russia’s label industry
2. Cartes elevates brands with digital label embellishment
3. TLMI sets 2024 goals at Committee Summit
4. All4Labels Group acquires Uniflexo
5. Dantex and ACTEGA successfully collaborate