Acron Group, Moscow, this week reported that since launching its own online trading platform for procurement a year ago, some 3,206 transactions for a total of RUB1.6 billion (approximately $22 million) net of VAT have been approved based on tenders on the platform.
Today, Acron’s three production facilities – Acron at Veliky Novgorod, in northwest Russia, Dorogobuzh in the country’s Smolensk region, and NWPC in Russia’s Murmansk region – purchase all of their commodities and materials on the ETP platform (etp.acron.ru).
Acron said the ETP platform is enabling the group to expand its pool of suppliers and ensure transparency. It added that ETP users are increasing by an average of 900 suppliers each quarter.