News

On April 16, the Representative Office of Kaluga Region’s Government hosted a traditional meeting of the Investors Club that was attended by the region’s governor Anatoly Artamonov.  

The main results, trends and outlook for regional development in the new economic situation, the region’s principal objectives and modern instruments for effective business development – all these issues were the focus of attention for representatives of Kaluga Region’s governmental agencies and investors developing projects in Kaluga Region.

Traditionally, each meeting of the Investors Club is dedicated to a specific subject. However, this one was designated by Anatoly Artamonov as special, and was used by the governor to speak about intermediate results of the region’s investment policy. “For Kaluga Region, its government and business community, 2013 was a milestone year. New industries were created and new paths for development were identified: from the creation of nano-tech plants to the launch of two international airport projects. Considerable changes occurred in the region’s economy, as it transferred to the category of donors”.

Artamonov said that in the recent year Kaluga Region won the Expert RA nomination “Regions with Minimal Investment Risks” and joined the group of regions with “high investment attractiveness” in the rating of the National Rating Agency. The region’s development emphasizes its confident position on the Russian and international scene. The region entered 2014 with a well-developed industrial base, a modernized infrastructure and unique business projects. Those include the already active enterprises, such as one of the region’s biggest plants NLMK-Kaluga, and developing and potential projects like the Lyudinovo special economic zone, the Verzikovo industrial park, the nano-tech center in Obninsk, and Grabtsevo and Yermolino airports that are currently undergoing modernization.

The program of the meeting was continued by Sergei Tsyb, the Minister of Industry and Trade of the Russian Federation. He spoke about the future Federal Law on the Industrial Policy that is currently being finalized by a team of representatives of legislative and executive bodies, heads of Russian constituent subjects and representatives of the business community. The draft introduces extended tax holidays for new industrial enterprises, emphasizes the role of civil industry segments and benefits for investors.

During the business meetings, investors got the opportunity to discuss their pressing issues. The informal and relaxed atmosphere encouraged participants to interact with speakers and each other, exchange opinions and experiences and obtain useful information.