The most comprehensive compilation of data for all regions of Russia.
A unique 1370 page information resource with full colour charts, graphs & maps from CTEC Publishing LLC, completely revised for 2008 and available in Print, or Regional PDF files.
Regional Details -
·
Introduction by Head of Region
·
Economic Map of Region
·
General - Geography, climate, population
·
Administration Contacts
·
Economic Potential – GRP volume, industrial output, fuel and energy, transportation, main natural resources
·
Trade Opportunities – Main goods, main exports, main imports, major regional import/export agencies
·
Investment Environment – Capital investments, major enterprises, foreign investment, most attractive industry sectors, existing legislation, regional entities responsible for raising investments, regional and federal economic and social development programs
·
Regional Investment Projects

Book Additional
Appendices Articles -

·
Analysis of Tax System
·
Foreign Investment Legislation
·
Delineation of Powers
in the field of foreign trade between the Government of the Russian Federation and regional governments.



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Anatoly Artamonov,
GOVERNOR OF THE KALUGA REGION
I Central Federal District
Kaluga Region £20
Today, virtually all Russian regions attempt to boost their economy by attracting additional capital. The Kaluga Region can be quite competitive in
this department. Our advantages include a convenient geographic location,
a well-developed transport infrastructure, availability of energy resources, a telecommunications network, social stability, skilled human resources, scenic nature, and a rich history.

But most importantly, we focus our efforts on creating an attractive investment
climate and improving our laws so that they are favorable for business activities and capital protection. Government of the Kaluga Region has identified a number of priority goals in this area.

The first one is to remove administrative barriers that hinder implementation
of investment projects. With this goal in mind, we have established a Governor’s economic council, where all interested parties, including representatives of controlling and licensing authorities, discuss and approve projects in public.

The second goal is to provide state support to investors. For example, any
property that is used for the purposes of an investment project is fully exempt
from the property tax, just as any property created or obtained during an
investment project is exempt from that tax after the project is completed and put into operation.

And the third goal is to create industrial parks to house investors’ enterprises.
This will allow to minimize their expenses and reduce governmental capital investments. The Region invests in construction of utilities networks on potential construction sites. As a result, when investor gets a land plot, it is already connected to electricity, gas, and water lines, as well as a road.

Such a site was chosen by Volkswagen in the Grabtsevo microdistrict at
outskirts of Kaluga for construction of a car plant. A number of companies that
manufacture car parts will also build their plants here.

Vorsino industrial park (over 500 hectares) was created at a distance of 80
kilometers from Moscow. Very soon, an electromechanical plant of the Maxi Group and the Samsung company from South Korea will start working here. The Nestle Company from Switzerland opened a plant that produces dry feed for unproductive animals. A number of other companies also want to create their plants here.

Swedish company Volvo Trucks is planning to construct a plant in the
Kaluga-South industrial park. New techno parks are also created in other districts of the Region.

Today, the Kaluga Region’s scientific potential is one of the most powerful
in Russia. This is another competitive advantage of our Region. In March 2006, the Government of the Russian Federation passed a decision to create high-tech techno parks in seven Russian regions. One of them will be in the city of Obninsk, Kaluga Region. Occupying 60 hectares, this park will specialize in creation of new material as well as biopharmaceutical and IT technologies.

The Kaluga Region tries to keep up with those new trends in the country’s
economy that help to make it a better place for successful business, so investors will find in our Region everything they need to carry out their projects.
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