The Vologda region is situated in the north of the European part of Russia and belongs to the subjects of the North-Western Federal District. The region borders on the Arkhangelsk, Kirov, Kostroma, Yaroslavl, Tver, Novgorod, Leningrad Regions and Republic of Karelia.
Investors Guide of Vologda Region (.pdf)
The Vologda Region has more favourable geographical position, it is situated near Russian largest megapolises Moscow (500 km) and Saint-Petersburg (650km).