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Economic performance

Kaluga Region is one of the most promising regions of Russia to make investments in. The region holds the second place in the national rating of investment attractiveness. For a number of years Kaluga Region has been holding the leading positions in terms of industrial output growth rates.  

Kaluga Region Government has created all conditions for successful development of both large-scale production facilities and industrial SMEs. Investors, operating in the region, admit that Kaluga Region investment policy meets the highest global standards. The regional legislative and regulatory framework guarantees the safety of investments.

94 new production facilities were commissioned in the region 2006 – 2016. Over 25,000 new jobs were created.  

7 new major plants were commissioned in Kaluga Region in 2016. 160 projects from around the world are implemented on Kaluga Region soil.  According to the National Investment Climate Rating of Russian Regions, in 2015 Kaluga Region held the second place in Russia.

Kaluga Region Government has created all necessary preconditions for  successful development of both major businesses and SMEs. Investors, whose production facilities are located in the region, believe that Kaluga Region investment policy is in line with the best international practices. Kaluga Region legislation and regulations guarantee the safety of investments. 

According to Doing Business rating, Kaluga Region holds the first place in Russia in terms of property registration process simplicity. Kaluga Region Government has established development institutions to assist investors in their projects’ implementation. It also provides financial support to business.

Tax breaks and benefits are provided to all investors irrespective of their origin and industry.

Production sites available to investors in 12 industrial parks and Lyudinovo and Borovsk special economic zones have become the main product offered by Kaluga Region to potential investors. Each site has all relevant infrastructure and utilities (power, gas, water, treatment facilities). Lafarge, Nestle, Continental, Fuyao Glass, Samsung, L’Oreal, General Electric, Magna, etc. have implemented their projects in the territory of industrial parks.  

CLASTERS:

The cluster includes 3  OEMs (VW, PSMA, Volvo), 28 auto component manufacturers and Automotive Industry Training Center. The automotive industry production facilities in Kaluga employ almost 11,000 people. The degree of localization of the most popular models produced in Kaluga has reached 60%. Thus, the OEMs are less dependent of components’ supply from abroad. The automotive industry companies continue investing in Kaluga Region,  VW  engine plant was commissioned in September 2015.

In 2015 three major pharmaceutical plants were commissioned in Kaluga Region (Novo Nordisk, Niarmedic Plus, AstraZeneca). Currently the cluster consists of 632 facilities, manufacturing 60 types of medicines, 10 more are being registered.  The cluster’s products and services account for a share of about 3% in the Russian market (10-50% in certain segments). The share is to be increased to 10% by 2020.    

The cargo turnover in Kaluga Region has grown by 25.5 times since 2007. The region holds the 4th place in the Central Federal District in terms of motor roads quality. Two multimodal transport and logistic centers in the region – Rosva Freight Village and Vorsino Freight Village – have been built in the region.  These are the first projects of such a scale being implemented in Russia. There are no other similar facilities in this country.  A beneficial location of the facilities (Vorsino FV, for instance, is located at the Moscow border), make them strategically important for Russia as a whole. Kaluga International Airport was commissioned in 2015. An agreement on reconstruction of Ermolino airport has been signed.  

The agroindustrial cluster includes 45 food and processing companies  of nine industries. A greenhouse facility located in the special economic zone is a successful investment project. 100 Robotized Milk Farms program is being implemented. A particular attention is paid to development of production companies (chees, fish, mushrooms). 49 new farms were opened in Kaluga Region in 2015.   

The cluster consists of 98 companies employing about 30,000 specialists. 30 leading scientific institutions are engaged in IT development programs. 33 such projects have been included in the Russian industry strategy to be implemented by 2020.  In 2015 Kaluga Region became one of the most active innovative regions in terms of R&D internal spending, number of developed technologies and the share of hi-tech products in GRP.  

There are over 4,000 history and culture landmarks in Kaluga Region. The region has 98 hospitality industry facilities.  Kvan ski resort, Yukhnovgrad ethnic hotel,  Welna Eco Spa Resort were nominated for Russian Hospitality Awards-2015. Nikola-Lenivets landscape park held the first place at Russian Event Awards-2015 in Best Event Tourism Site nomination. Kaluzhski Krai tourism and information center also held the first place in Best Tourism and Information Center nomination.

The aerospace cluster was established in 2014 upon initiative of Tekhnologia Scientific and Production Company, Obninsk. The company is a subsidiary of RN-Khimkompozit, a member of Rostekh State-Owned Corporation.   The cluster consists of about 20 companies and institutions, including the leading research and development organizations from Kaluga and Obninsk, innovation and technology companies, research and raining centers.  The number of the cluster residents is to reach 35 by 2020.