Lipetsk Special Economic Zone Development slide image

Lipetsk Special Economic Zone Development

Moscow and the Moscow region. Lipetsk and its region rank first as regards the production of refrigerators and freezers, contributing to more than 40% of the total Russian production. It is in fourth position as regards steel production, contributing to 14% of the total production in Russia and to 16% for the production of laminates from iron metals. In this region are located the most important producers of caster sugar whose production is 7% of the total production but also the most important producers of fruit and vegetable conserves representing 29% of the total production. The companies in this region keep relations with enterprises in more than 90 countries all over the world. As regards the total amount of foreign investments in the Russian Federation in 2006, the Lipetsk region accounted for 0,36%. The foreign countries with a partnership in companies with foreign participation are 25 (84%) while those belonging to the Community of Independent States (CIS) are 16%. 14.2 12,6 9,5 10,6 10,5 2,9 1102,2 1 42,2 136,0 1998 1999 2000 2001 2002 2003 2004 2005 2006 Foreign investments in the Lipetsk region from 1998 to 2006, million US Dollars Source www.invest.region48.ru - Lipetsk region At the end of June 2006 investments from 11 countries flew into the Lipetsk region and the total amount of foreign capitals invested in the region was 9.962,28 million US Dollars. Among the five main companies with foreign capitals is Indesit Company. The total amount of foreign investments in 2006 was 136 million US Dollars. Exports from the Lipetsk region in 2006 increased by 9,7% compared to 2005.
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