BRIEF’20 will bring new investments to Leningrad region

Friday, 25.09.2020

The Government of Leningrad region will conclude investment agreements amounting to more than 10 billion rubles during the Baltic Region Investment Forum BRIEF’20.

“We used to sign agreements of such level only during the largest international economic forums. This year we are organizing our business forum – BRIEF’20, where we plan to discuss with business localization experience and measures of support. Agreements include both placement of new enterprises in the region and expansion of already existing ones, which proves the high level of business confidence in Leningrad region,” said the Governor of Leningrad region Alexander Drozdenko.

The announced investments will be made in food, medical industry, production of automotive components, construction of commercial real estate. For example, social and economic cooperation agreements are planned to be signed with such companies as Philip Morris Izhora, DRB Rus, TRIER-SPB, BioVitrum, Trading House Baltiyskiy Bereg.

Besides, cooperation agreements will be signed with Russian-German Chamber of Commerce and Saint Petersburg state institution Investment Management in order to attract investments and increase investment attractiveness of Leningrad region.

The Baltic Region Investment Forum BRIEF’20 will take place on 30 September 2020 in a combined format – online and offline. 500 participants from 10 countries will discuss measures of support for business, new investment and export niches for enterprises of Leningrad region, global and regional value chains. The registered participants will be able to participate in the networking session.

The participants of the forum will include speakers of the federal and the regional levels: Vasiliy Osmakov – Deputy Minister of Industry and Trade of the Russian Federation, Alexander Drozdenko – Governor of Leningrad region, Matthias Schepp – Representative of the German economy in the Russian Federation, Chairman of the Board at the Russian-German Chamber of Commerce, Yuri Simachev – Director for Economic Policy of National Research University Higher School of Economics, Maxim Bouev – Vice-Rector for Strategic Development of the New Economic School.