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Kaluga Region Makes It into the TOP5 of Russia’s Innovative Regions

MSP Bank’s (Vnesheconombank Group) “Degree of Regional Investment Activity” rating includes 15 Russian constituent subjects with the highest development potential. According to analysts, it is based on official research and statistics from various sources. Kaluga Region made it into the top five of Russia’s innovative regions.

The leader of the regional innovation rating for 2014 is Tomsk Region; the Republic of Tatarstan is second, Novosibirsk Region is third, followed by St. Petersburg and Kaluga Region.

According to the head of MSP Bank’s Analytical Center Natalya Litianskaya, the rating is based on available research on the subject and official statistical data.  Its advantage is the combination of various sources that provide a comprehensive representation of each region.

Source: IA Regnum and RIA Novosti

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