One of Mordovia companies established economic contacts with Japan. The
Land of the Rising Sun is going to purchase some products from Mordovia. It was
announced during the meeting of the regional committee of the competition “The
best goods of Mordovia”. The committee estimates the quality of goods produced
and services provided in Mordovia.
One of Mordovia companies established economic contacts with Japan. The Land of the Rising Sun is going to purchase some products from Mordovia. It was announced during the meeting of the regional committee of the competition “The best goods of Mordovia”. The committee estimates the quality of goods produced and services provided in Mordovia.
The results of the National Rating of Investment Climate in Russian regions were announced during the St. Petersburg International Economic Forum 2018 (SPIEF). The experts assessed regions by 44 indicators in 4 areas. As a result, the Republic of Mordovia is one of top 30 regions of Russia.
The investments are aimed at construction and reconstruction of greenhouses, construction of a power park and a boiler house for “Teplichnoye” greenhouse and construction of 1000-cow unit. ZAO “Mordovskiy bekon” (pork production) will continue the reconstruction of feed milling and treatment facilities in Torbeevo.
Skolkovo Fund has proposed that business angels could have a half of their investment to high technology start-ups repaid. This initiative is a part of a plan for development of digital economy control. Business angels will have an opportunity to retrieve a half of their investment to start-ups that pass technological examination through tax relief.
For the last five years, the production output of meat and poultry has doubled in Mordovia. As the result of 2017, it is 295 thousand tons.
There are plans to increase this number by 10 to 15 thousand tons in 2018.
Head of the Republic of Mordovia Vladimir Volkov: “In 2012, we produced 145 thousand tons of meat. For the last five years, we have reached the results that once seemed impossible. We have doubled this number. Now we have an objective to produce up to 400 thousand tons of meat and poultry by 2022. The capacity of livestock breeding complexes being under construction will make it possible.”
As a result of 2017, the volume of export in the industry of Mordovia grew by 38%. It became 215 million USD. For the last three years this indicator has increased 2.5 times from four to ten billion rubles.
Head of Mordovia Vladimir Volkov noted that the significant growth of export was a result of modernization and innovative development of Mordovia economy. Just in 2017 there were implemented about fifteen projects resulted in establishment or renovation of industrial enterprises.
Representatives of leading IT-companies of Russia and Belarus, higher educational establishments, colleges and schools took part in the conference, which has become a significant event for the republic. The event was organized by Saransk company Bytex.
The participants of the conference could share their experience and insights, learn how the educational establishments of Moscow, St. Petersburg and Minsk train and retrain IT-specialists, and discuss labor market demand with potential employers.
For the last five years, the production output of Talina Group, one of the biggest agrarian enterprises in Mordovia, has grown 4.5 times. In three years, the group of companies will produce goods for the value of 30 billion rubles per year.
This fast developing enterprise is a flagship of Mordovia agroindustrial complex. The group of companies is going to launch new production facilities in Insar, Kovylkino and Torbeevo districts of Mordovia.
A company from Mordovia has launched a joint enterprise in the Eastern Africa. The plant for lamps and streetlights production was opened in Bujumbura, the capital of Burundi. The lamps and streetlights will be produced under TLLINNO trademark. Saransk plant Lisma owns 49% share of the enterprise.
By March 15, 2018 the first factory of optic fiber production in Russia Optic Fiber Systems had manufactured two million kilometers of optic fiber. The production capacity of the factory is two and a half million kilometers per year. Thus, the commercial production of almost all kinds of optiс fiber has become possible: for telecommunication cables, defense industry, enterprises with complex facilities and companies producing oil and gas.
The experts of Scientific Research Institute of Light Sources named after A.N. Lodygin (NIIIS) have developed intelligent health-promoting lamps that will not only solve the problem of lack of sunlight for people but also reduce illumination expenses.
The Gross Regional Product of Mordovia has gone up by 22.3% for the last five years. Industrial production volume has grown by 20% The volume of production in agriculture has gone up by 30%.
These numbers were announced by Head of Mordovia Vladimir Volkov during the days of the Republic of Mordovia in the Federal Council of the Federal Assembly of Russia.