Vologda and Slovenia strengthen trade and economic ties

The prospects of cooperation were discussed today during the visit of the delegation of the Vologda region to the Republic of Slovenia. The delegation members were the Governor Oleg Kuvshinnikov, representatives of the Government of the region, among them the CEO of the Development Corporation of the Vologda region Oksana Yakovleva, as well as businessmen and delegates from municipalities.

The key event of the visit of the Vologda delegation was the presentation of economic, investment and tourism potential of the region in the commercial and industrial chamber of Slovenia.

We consider Slovenia as a potential long-term partner in the sphere of external relations, - said Oleg Kuvshinnikov. - In spite of the sanctions regime, we see the great potential in strengthening the trade and economic, scientific, cultural and tourism cooperation between our region and your country. Any crisis opens new opportunities, and we must take advantage of them!

The Vologda region - one of the largest sub-federal units with a diversified economy, which occupies leading positions in the field of industrial production. The region's economy is export-oriented: the enterprises deliver their products to more than 100 countries worldwide. The volume of foreign trade turnover of the Vologda region in 2015 amounted almost 4 billion. US dollars.

The region is attractive for the implementation of projects by foreign companies, interested in the localization of production in Russia. Proposed cooperation in the industrial park "Sheksna", "Sokol", "Vologda-East", "Cherepovets". The participants of investment activity during the construction of production facilities will have tax incentives.

"We offer the Slovenian partners to consider the possibility to place new productions in these industrial areas. We are ready to invite your business to visit Vologda region with the business mission, - said the Governor, - and in the future to create joint ventures for the output of popular products in the territory of the Russian Federation and Slovenia. "

We were surprised by the investment opportunities of the Vologda region. We hope that soon we will be able to arrange a return visit. I am sure that the Vologda companies could use our help to strengthen the position in the multi-million European market ", - said General Director of the commercial and industrial chamber of Slovenia Samo Hribar Milich.

The next step in strengthening relations between the two countries can be Memorandum of Cooperation between the Vologda region Government and the Ministry of Economic Development and technologies of the Republic of Slovenia, which was discussed during the working meeting of the delegation of our region with representatives of official and business circles of Slovenia. Soon the document will be ready for signing in the middle of this year.

Tomorrow the delegation will present the Vologda region in the Chamber of craftsmen and small businesses in the second largest city of Slovenia - Maribor.

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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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