Russian and Hungarian companies can cooperate to enter the markets of other countries.
This opinion was announced during an inter-regional online meeting where Russian regions presented their investment opportunities to Hungarian colleagues.
Russia has huge potential for Hungarian companies, interesting conditions for investing and expansion of target markets. For successful start investors need efficient dialogue with regional authorities, tax benefits, available investment sites and logistics infrastructure.
First Deputy Chairman of the Committee for Economic Development and Investment Activity of Leningrad Region Egor Mischeryakov told about conditions created for foreign investors in the region.
He noted that the region has serious advantages which are proved by the fact that foreign investors operating in the region are planning to continue investing. The region has efficient system of support and “one-stop-shop” for investment projects support – Economic Development Agency of Leningrad Region.
Besides, possible integration of the regional economy into global value chains is being discussed in the region. Baltic Region Investment Forum, which took place in September 2020, was dedicated to this issue. Egor Mischeryakov invited the participants of the meeting to take part in the forum the next year.
The meeting was organized under the auspices of Hungarian diplomatic missions in the Russian Federation, Hungarian Chamber of Commerce, Hungarian Export Promotion Agency. Kaluga region, Orenburg region and Voronezh region presented their investment climate.