Ferronordic Machines AB (publ) In consideration of the continued recovery of the Russian economy, it's optimistic about the development of the Russian construction equipment market. Although the market is still at a rather low level, the company do not believe that it will grow as strongly in 2019 as it did during 2017 and 2018. As regards the future of its business in a longer perspective, the company remain optimistic, as the long-term fundamentals in the construction equipment markets in Russia and Kazakhstan remain strong. The company optimism is supported by the signs that Russia's government will now try to support economic growth by increasing infrastructure spending, as indicated in the May Decrees.