According to the results of 2018, the volume of investments in the economy of Leningrad region amounted to 466.9 billion rubles.
Vladimir Putin in his message to the Federal Assembly of the Russian Federation emphasized importance of work aimed at improvement of business climate and at significant growth of the volume of investments in the economy of the country.
According to the data provided by Statistics Service Petrostat, growth of investments in fixed assets of Leningrad region in 2018 came to 126.8% to the level of 2017.
“Systematic growth of investments confirms the right vector of the regional policy aimed at creation of favourable conditions for business and proper use of geopolitical potential. I think that investments not only in new production plants but also in significant expansion of already existing industrial sites is an important characteristic. It means that business consider the territory for stable long-term partnership. But, of course, this victory is an additional responsibility for me and we need to keep this development pace in future,” said the Governor of Leningrad region Alexander Drozdenko.
Among companies which invested more than 1 billion rubles last year are Cryogas-Vysotsk, Leningrad Nuclear Power Plant, EuroChem, Philip Morris Izhora, Agrofirma Vyborgec, Nokian Tyres, Knauf Petroboard and other large companies.