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MORDOVIA WILL GET 490 MILLON RUBLES FOR AGRICULTURAL DEVELOPMENT

The Russian government has distributed 41.57 billion rubles between 75 regions of the country for agricultural development. This money will cover a part of the interest cost on investment loans in agro-industry.

CZECH REPUBLIC AND MORDOVIA CARRY OUT A MILK WHEY PROCESSING PROJECT

A world leader in membrane cell technology, Czech company chain called MEGA and The center for nanotechnologies and nanomaterials of Mordovia carry out a project for creating an industrial installation and refinement of innovative milk whey processing technology.

MORDOVIA ARENA BECAME ONE OF THE 10 BEST STADIUMS OF THE WORLD

Mordovia Arena became finalist in the best football arenas of the world built in 2018 competition. Out of 27 participating stadiums 3 other Russian arenas also ended up in top ten after the viewers’ voting. They are the stadiums of Samara, Rostov and Volgograd.

MORDOVIA ENTERS THE VOLGA-KAMSK MACRO REGION

Russian Prime Minister Dmitry Medvedev approved the strategy for the special development of Russia up to the year 2025. The document was posted on the official page of the Cabinet. It states the forming of 12 macro regions in Russia.

MORDOVIA IS PLANNING TO BECOME THE BIGGEST ROSE GROWER IN RUSSIA

Every 12 out of 100 roses are grown in Mordovia today. And during the next few years the region is planning to become the biggest rose grower in the country. There are more than 40 different kinds of this queen of flowers in Mordovia. This is the widest range of roses in Russia. Every day nearly 100 thousand roses are being cut here.

MORDOVIA ARENA WILL HOST A UEFA EURO 2020 QUALIFYING MATCH

Football fans in Saransk will have an opportunity to watch one of the Russian team’s UEFA EURO 2020 qualifying games. The national teams of Russia and San-Marino will meet at the main stadium of Mordovia – Mordovia Arena. The game will take place on 8th of June. The information was listed on the official web page of the Russian Football Union.

MORDOVIA IS ONE OF THE LEADING REGIONS IN MILK PRODUCTION

By 1st of December 2018 the production of milk in Russia reached over 14.8 million tons. Based on the data by Russian Statistics (Rosstat) The DairyNews (specialized on the milk market news) notes that the production of milk on that period of time was 3.7 percent bigger than it was on the same period last year.

HEAD OF THE REPUBLIC OF MORDOVIA DISCUSSED THE ISSUES OF THE FIBER-OPTIC PRODUTION IN SARANSK

Head of the Republic of Mordovia Vladimir Volkov held a business meeting with the CEO of JSC Optovolokonnye sistemy (Fiber-Optic Systems) Andrey Nikolayev. Head of the Republic of Mordovia’s Press Office states that they discussed the results of the company’s work in 2018 and their plans for 2019. Deputy Prime Minister – the Minister of Industry, Science and New Technologies Aleksandr Sedov also took part in the discussion.

THE FIFTH RESIDENT OF RUZAEVKA PRIORITY SOCIAL AND ECONOMIC DEVELOPMENT AREA

The number of residents of the first in Mordovia priority social and economic development area (TOSER) Ruzaevka increased to five. At the end of 2018 UF Tekhnolohii and NefteKhimMash received preferential business status. The relevant decision was made by the Ministry of Economic Development of the Russian Federation.

THE BEST EXPORTERS WERE AWARDED IN SARANSK

The best exporter of the Republic of Mordovia in 2018 was chosen between small and medium enterprises. Opticenergo company became the winner of the competition for the second time. Export Support Centre of the Republic of Mordovia held the competition for the second year in a row.

NEW SITE FOR RAIL VEHICLES PRODUCTION IN SARANSK

In 2019 it is planned to start the production of innovative rail vehicles in Saransk. The project will provide jobs for up to 600 people. The first production is scheduled for February 2019. Now the company is recruiting staff for the new production that will be established after the modernization of Saransk industrial site of Ruzkhimmash. The company has its own centre for personnel training.

AMENDMENTS TO THE TAX LAWS OF MORDOVIA

At the regular session of the State Assembly of the Republic of Mordovia there were introduced amendments to some tax laws of the Republic of Moldova. They cancel unclaimed tax incentives and benefits, which are considered ineffective according to the results of the assessment carried out in accordance with the requirements of the Ministry of Finance of Russia.