News

On February 19, 2016 Anatoly Artamonov, Kaluga Region Governor, paid an official visit to Berlin, the capital of Germany.  

The Governor attended  Growing Market. Medium Business. Modernization conference dedicated to improvement of Russia’s business image in Germany. At the official opening of the event Alexey Ulyukaev, the Minister for Economic Development of the Russian Federation, and Matthias Machnig, the State Secretary at the Federal Ministry for Economic Affairs and Energy, delivered speeches.

Anatoly Artamonov took part in Entrepreneurial Success for All Times discussion.  Talking to German officials and businessmen he shared acute information on Kaluga Region investment opportunities.   

The Governor pointed out that Kaluga Region and Germany had been fruitfully cooperating in various fields for years.  Germany holds the first place among Kaluga Region partners in terms of the scope of investments in the regional economy.  The country’s economy accounts for about 24% of the entire Kaluga Region foreign trade turnover. German companies have invested EUR 2 billion in their production facilities located in Kaluga Region since 2007.  20 German companies have their plants in the region, about 10 Russian-German joint ventures have been established, 7,500 new jobs have been created in total.  

Anatoly Artamonov noted that German investors were the first to appreciate the comfort of Kaluga Region business climate. German companies invested in automotive industry, pharmaceutical industry, agriculture and logistics in Kaluga Region. The Governor said: “The first modern multimodal transport and logistics facilities in Russia, Freight Villages, were built in cooperation with the Association of German Freight Villages. The first flight to Kaluga International Airport commissioned in 2015, arrived from Germany. We would be glad to provide full support to new projects implemented by Russian and German companies”.

On that day Anatoly Artamonov also held a number of business meetings in the Russian Federation Trade Representative Office in Berlin. Following one of those meetings a memorandum of intentions have been signed between Kaluga Region Government and Kronospan GmbH. The memorandum was signed by Dr. Wolfgang Seifert, CEO, Kronospan  wood-processing holding company. The parties agreed to implement an investment project providing for construction of a wood fiber board plant in Kaluga Region.

Another project to build a plant to produce modular construction elements in Kaluga Region has been discussed with another German company.