Economic news digest – 19th March – 22th of March 2018

Main

On March 21st during the Legislative Assembly session amendments were admitted to regional budget law for 2018 (including a 3-year planned period) and to regional law of budget loans restructuring. Both bills were introduced to the regional Parliament by the Governor’s initiative. They are to provide an increase to the regional budget expenditures on social issues at 1.2 billion rubles.

http://vologda-oblast.ru/novosti/po_initsiative_gubernatora_raskhody_oblastnogo_byudzheta_na_reshenie_sotsialnykh_voprosov_uvelichivayutsya_na_1_2_mlrd_rubley/

Manufacture

LLC "Vologda Food Plant Forest Products" signed an agreement with Metro company (a FIFA 2018 World Championship official food products supplier). Agreement implies LLC’s food products supply for guests and participants of the upcoming event.

http://vologda-oblast.ru/novosti/produktsiya_vologodskogo_predpriyatiya_budet_predstavlena_na_chempionate_mira_po_futbolu_2018/

 “Severstal” of Cherepovets is to supply PJSC “KAMAZ” – a leading Russian heavy truck manufacturer – with at least 60 thousand tons of rolled metal in 2018.

http://www.vologdaregion.ru/news/2018/3/19/kamaz-zamenit-importnuyu-stal-na-metalloprokat-severstali

Vologda plywood is supplied to 32 countries of the world - mainly to Germany, Italy, and the USA. According to Russian Export Center (data for 9 months 2017), plywood is among the top ten exported goods of the region with a growth rate of 13.9%

http://vologda-oblast.ru/novosti/vologodskaya_fanera_postavlyaetsya_v_32_strany_mira/

Other

About 10 new enterprises are to be introduced to Territory of Advanced Socio-Economic Development (TOSER) "Cherepovets" following the results of 2018.

Potential residents belong to construction industry, wood processing, and various equipment manufacture.
http://tass.ru/ekonomika/5038541

A session of Vologda Region Industrialists-and-Entrepreners Union with participation of Vologda Mayor Sergey Voropanov was held. Large food manufacturers of Vologda agreed on cooperation with Cherepovets Steel Mill. In February food supplies to Cherepovets Steel Mill has started.

https://вологда.рф/news/economy/16864/

On March 20, a meeting of Vologda Region Public Chamber commission in economic issues was held. Participants represented Regional Union of Consumer Societies and LLC “Confectionery Factory”. Meeting subject was the current state of regional food industry as well as looking for ways of development.

http://vologda-oblast.ru/novosti/puti_razvitiya_pishchevoy_promyshlennosti_regiona_obsudili_v_obshchestvennoy_palate_vologodskoy_oblasti/

Events

Delegation of Vologda region takes part in XII St.Petersburg SME Partneriate “St.Peterburg, Russian Regions and Foreign Countries”. Delegation consists of representatives of Department of Economic Development, Regional Center for Entrepreneurship Support for the Vologda Region and other regional organizations.

http://vologda-oblast.ru/novosti/delegatsiya_vologodskoy_oblasti_uchastvuet_v_xii_peterburgskom_partneriate_malogo_i_srednego_biznesa_sankt_peterburg_regiony_rossii_i_zarubezhya/

On March 26 in Moscow at All-Russian Milk Producers and Processors Congress the representatives of Vologda State Dairy Farming Academy will be sharing the working and studying experience.

https://вологда.рф/news/economy/16805/

On March 28, Ufa will host an open meeting by the Ministry of Economic Development of Russia - “Investment activities of Russian region”. Meeting will concern the following discussion: on-developing Regulation for executive authorities, financial institutions and projects initiators and the process of reviewing early-stage business ideas of investment projects with state support measures and project financing.

http://www.invest35.ru/press-centre/news/Sozdanie_Odnogo_okna_dlya_realizatsii_investproektov_stanet_glavnoy_temoy_Rasshirennogo_soveschaniya_751/

Statistics

Vologda region entered the TOP-30 Russian regions by the total market volume of new passenger cars in January-February 2018 - According to analytical agency “AUTOSTAT”

http://www.vologdaregion.ru/news/2018/3/20/v-vologodskoy-oblasti-na-tret-vyros-ob-em-prodazh-novyh-avtomobiley

According to "RIA Rating" amount of work in construction industry in Vologda region grew by more than 60%

http://www.vologdaregion.ru/news/2018/3/20/ob-em-rabot-v-stroitel-noy-otrasli-na-vologodchine-vyros-bolee-chem-na-60

 

Vologda Region Development Corporation (OJSC)
Gertsen st.27, Vologda, Russia,
Phone: +7 (8172) 56-12-52, 56-21-03, 56-21-04

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