Investment Promotion Agency of Rostov Region

Quote of the day

Philippe Pegorier,
President of the Association of European Businesses and Alstom Country President in Russia
(from his address at the international business-forum ‘Rostov Region – Grounds for Growth’, 12/11/2014)

Foreign business, especially European, feels very well in Rostov region. We are glad to work here. Notwithstanding the political difficulties we will stay here and develop. Alstom together with its partners produces locomotives and electric locomotives, soon we are going to launch turbine production. We’ll stay in Rostov region for a long time, one can say – forever.

Stefanos Vafeidis,
General Manager of Coca-Cola Hellenic in Russia
(from his address at the international business-forum ‘Rostov Region – Grounds for Growth’, 12/11/2014)

We truly believe in investment potential of the region and recommend all the companies that are just considering building their business here – come to Rostov region, invest in its development, and you will find mutually beneficial opportunities and will receive warm welcome like we did!

Robert Mills,
General Manager of Air Products Russia
(from his address at the international business-forum ‘Rostov Region – Grounds for Growth’, 12/11/2014)

I would like to publically given my personal thanks to the Governor Vasily Golubev, the Government and Investment Promotion Agency for the support that has allowed us to overcome some challenges and I understand that same support is available to all other investors. We can see that the economy and industrial sector growing, and have spotted new opportunities for us.

Stefanos Vafeidis,
General Manager of Coca-Cola Hellenic in Russia
(from his address at the international business-forum ‘Rostov Region – Grounds for Growth’, 12/11/2014)

Investment promotion agency of Rostov region made significant work. I would like to thank Mr. Igor Burakov, the Director General of Investment Promotion Agency of Rostov region, together with his team for excellent organization of all the processes and constant care for us as well as other investors coming to Rostov region!

Vasily Golubev
The Governor of Rostov region
(from the investment message, Rostov-on-Don, 12/11/2014)

Notwithstanding the global challenges we manage to maintain confidence of foreign investors. We can see that in the work of Investment Promotion Agency of Rostov region: none of the foreign investors refused to continue their projects in the region.

Istvan Bagdi,
General Director of Gardian Steklo Rostov

All in all, there are no restrictions for business in Rostov region. We are thankful to the Governor, his Government and local authorities. Favorable investment climate in the region is not a declaration, it’s the truth, and we felt it. All arrangements were maintained, there were no obstacles and delays. In terms of the whole Russia it’s good.

Andrey Nikitin,
CEO of Agency for Strategic Initiatives to Promote New Projects
(from his address at the Forum Sochi – 2014, 19.09.2014)

There are many people who says that we theoretically need to do something, and Rostov region really does improve investment climate. We will expand this experience to other regions.

Alexander Huruji
Chairman of Agency for Strategic Initiatives in Southern Federal District and Rostov region

The case of IPA demonstrates concrete results of working with investors. According to reviews from businessmen Rostov agency is one of the best among other region in Russia with similar organizations.

Jean-Maurice Ripert
Extraordinary and Plenipotentiary Ambassador of France to Russia

My trip to Rostov-on-Don, one of my first trips in Russia, made a deep impression on me. I was astounded by the rapid development of the region. I’m sure that exchanges with my country will be more intense.

Alexander Levchenko
Minister of Economic Development of Rostov region
(from the speech at the meeting of Agency for Strategic Initiatives expert group, 26.06.2014)

We support our Investment Promotion Agency. Time has shown that the Agency’s model, its structure and its work are efficient.

Vladimir Putin
The President of Russia
(from the speech at SPIEF-2014, 23rd of May, 2014)

Investor should not wait, he needs favourable work conditions today… Improvement of business climate directly depends on regions and municipalities – it is here where investors come with their precise projects.

Vasily Golubev
The Governor of Rostov region
(from the report to the members of the Legislative Assembly of Rostov region, 18th of July, 2013)

In 2012 the regional Government signed memorandums with 16 investor-companies with the total volume of investments over 54 billion rubles, 14 of them have already found suitable locations and started implementation of the projects. In many respects it is due to the efficient arrangement of cooperation with investors. The contract of Investment Promotion Agency is 31% overfulfilled.

Vasily Golubev
The Governor of Rostov region
(from the report “Investment climate and investment policy of Rostov region”, 17th of August, 2013)

Rostov region was among the first in Russia to introduce the global experience of attracting investments. Investment Promotion Agency supports investment projects on all stages. The Agency helped to build the plants of the leading world companies. In the active phase of the Agency there are 54 investment projects with the total amount of investments about 3 billion USD. Their implementation will create 8.000 work places.

Vladimir Putin
President of the Russian Federation
(from his speech at the meeting of State Council on the question of increasing investment attraction of the regions, Moscow, the Kremlin. 27.12.2012)

We need to launch a real competition for investors, for investments, each region should aim at creating not just good but the best conditions for business. This is the only way for our country to be successful in the global competition for direct investments which we extremely need.

Ruslan Gulidov
Head of the Regional State-Financed Organization “Agency of regional development”
(Khabarovsk territory)

- Rostov region is one of the leaders in Russia in the volumes of attracted investments, level of social and economic development, state management… The results of Agency work are impressive as well as the pattern of the cooperation with the regional authorities. Our Agency was created as a state-financed establishment but now we see that contract work is much more effective.

Roman Kolesnikov
Sales Manager of “Rock wool” department of Technonikol Corporation
(from the interview for “RBK-South Region”, 13.10.2012)

Rostov region is one of the most developed regions in Russia including such an indicator as supply of highly qualified recourses. …We were offered the most favored nation tax comfort, it was the main argument in favor of this region… So far we haven’t had any reason to feel sorry about our choice, we like what we see. All obligations are being fulfilled… You can say that we showed up when everything was already running fine.

Vasili Golubev
The Governor of Rostov region
(from the report at the XII International business-forum in Rostov-on-Don (Rostov-on-Don, 13.09.2012))

We were the first to sign an agreement with the specialized investment agency which attracted specialists, experts, and they have good results… Now the Agency supports the location of 37 investment projects with the total amount of about 2 billion dollars.

Sergei Katyrin
President of the Trade and Commerce Chamber of the Russian Federation
(from his report at the XII International business-forum in Rostov-on-Don (Rostov-on-Don, 13.09.2012))

In my opinion the Agency in Rostov region is very effective. It attracts 30 rubles of investments for every ruble that the state invested in it.

Sergei Gorban
Vice-governor of the Rostov region
(from the speech at the visiting meeting of the Investment Council, 5 July 2012)

New plants in the Krasny Sulin region represent a visible, touchable result of the work conducted by the Investment Promotion Agency of Rostov region which was almost invisible at the beginning. I strongly believe that this work must be continued.

Vladimir Putin
President of the Russian Federation
(from the speech at the St. Petersburg International Economic Forum (SPIEF), 21 June 2012)

We must offer investors exclusive conditions, fight for investments and investors shall make a decision in favour of Russia. That is why we believe that the key question of the state policy is creating not only favourable but for all in all a competitive investment climate. And by the end of the current decade Russia must be in top 20 of the countries with the most comfortable business environment.

Alexander Shokhin
President of the Russian Union of Industrialists and Entrepreneurs
(from the interview for “Kommersant”, 7 June 2012)

In such areas as business cost and speed of companies establishment we look relatively adequate. The most important thing now is to deal with administrative procedures. It’s possible to improve them if we make significant changes in the sphere of mutual relation between officials and businessmen on all levels – from federal to municipal. ...We can rise from the 120th up to the 20th place only by means of the dramatic change of the administrative regime in the functioning of the country’s economy.

Muhtar Kent
CEO of the Coca-Cola Company
(from the speech at the opening of Coca-Cola plant in the Rostov region, 26 September 2011)

There is a good climate for investments in the Rostov region. We put long-term investments into life and believe that it will contribute to the improvement of the investment climate in Russia.

Vasili Golubev
Governor of the Rostov region
(from the interview for Information Agency "Interfax")

It’s very important for the parties to fulfill their obligations. If we talk about incoming foreign investments then we guarantee quick solving of the questions previous to business. The Rostov region today is in top 3 of the Russian regions with the most comfortable conditions for conduct of business. And the activity of investors is obvious.