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New Year's final meeting of SPIBA members


At the SPIBA meeting, Egor Mishcheryakov spoke about the results of the year and the socio-economic development of the Leningrad region

First Deputy Chairman of the Committee for Economic Development and Investment Activity of the Leningrad Region Egor Mishcheryakov took part in the New Year's final meeting of members of SPIBA - St. Petersburg International Business Association.

He spoke about the results of the year and the socio-economic development of the Leningrad region.

The Leningrad Region shows a positive trend in the volume of attracted investments in fixed assets - from January to September 2021, investments amounted to 248 billion rubles. The Leningrad Region is in the top 20 regions with an effective industrial policy. The industrial production index is growing steadily - in the first half of the year it amounted to 107.1%.

Along with large projects in the petrochemical industry, medium-sized business projects are also being implemented in the Leningrad Region. For example, in 2021, a new production of brake systems for railway transport by the German company “Knorr-Bremse”, a plant for the production of grounding and lightning protection devices “Hackel”, a production of corrugated cardboard by “TransPack” and a production of PVC sheets by “Karmatech were launched. From the existing production facilities, the Finnish company “Nokian Tires” has launched an automated product warehouse this year. And the Danish company “Rockwool” has chosen the Leningrad Region for the implementation of a new investment project with an investment volume over 12 billion rubles.

The Government of the Leningrad Region is closely following the global decarbonization trend and creates conditions for the development of the region in the new realities. Thus, work is underway to create an infrastructure for electric filling stations; it is planned to implement 4 investment projects for the construction of wind farms, the total capacity of which will be more than 400 MW.

Business representatives seized the opportunity and asked many questions about large investment projects, ESG agenda, tourism and construction development.

Companies from the Leningrad Region are active members of SPIBA. At the meeting, the Association accepted “Knorr-Bremse” company.

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