We are pleased to introduce The Sverdlovsk Region Investment Guide, a comprehensive handbook, which been prepared jointly with the Ministry of International and Foreign Economic Relations of the Sverdlovsk.
A leader in industry, the Sverdlovsk Region is located at the crossroads of major transportation arteries connecting Asia and Europe. The region offers a wealth of natural resources, a well-developed, highly diversified industrial base, significant scientific research potential, and a strong pool of talented people. Ekaterinburg, the region’s capital, has been actively expanding its role as one of Russia’s leading host cities for international conventions, trade shows and exhibitions, as well as a hub of word-class sporting events.
In recent years, the Sverdlovsk Region has taken active steps to develop and expand its investment and innovation infrastructure. In particular, the region is creating a special economic zone (SEZ) called Titanium Valley, which represents a network of technology and industrial parks, and business incubators. The regional authorities have also introduced special tax, administrative and economic terms of doing business for any company that plans to carry out innovation-driven investment projects in the region.
It also boasts a rich economic and business history, including numerous success stories involving major international investment projects that have been carried out in the region. These have included a joint project between Siemens AG and the Sinara Group for manufacturing electric locomotives, production of titanium aircraft parts by Boeing and VSMPO-AVISMA Corporation, joint manufacturing of electric-welded pipes by Mitsubishi Corporation and Uraltrubprom, production of drilling equipment by NPK Uralvagonzavod and Honghua Group Limited, and many others.
This Investment Guide is intended to help potential investors make objective assessments of the myriad investment opportunities and competitive advantages that the Sverdlovsk Region offers, as well as identify the prospects for growing their businesses in the region. We are confident that this publication will be of invaluable assistance to potential investors in carrying out their investment programmes.