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AGRO-INDUSTRIAL COMPLEX OF MORDOVIA INCREASES PRODUCTION VOLUMES AND CONQUERS EXTERNAL MARKET

10 companies have already received export licenses and four more are in the process. For the last five years agricultural production rate has grown to 120 per cent.

MORDOVIA IS IN TOP-10 INNOVATIVE REGIONS OF RUSSIA

Mordovia was included in the top 10 Russian regions - leaders of innovative development. Based on the results of the annual rating compiled by experts from the Higher School of Economics (HSE), the republic takes the eighth place among the regions with the highest indicators of innovative development.

MORDOVIA SIGNS AN AGREEMENT ON COOPERATION WITH CHINESE PARTNERS

The Government of the Republic of Mordovia and People’s Government of Sichuan Province signed a bilateral agreement on cooperation in trade and economics, science and technology, arts and humanities during the second Council meeting on cooperation between the regions of the Volga Federal District and the upper and middle reaches of Yangtze River of the People's Republic of China.

LIGHTING PRODUCTS FROM MORDOVIA ENTER EAST AFRICA MARKET

The first lot of lamps produced in Saransk by LISMA State Unitary Enterprise of the Republic of Mordovia were sent to Burundi. Going forward, it is planned to set up a joint venture for light sources production in the African country.

MORDOVIA AND BURUNDI HAS SIGNED AN AGREEMENT ON COOPERATION

An agreement on cooperation in trade, economic, scientific, technological, humanitarian and cultural areas between the Governments of Burundi and Mordovia has become a main outcome of the visit of Burundi delegation.

THE REPUBLIC OF MORDOVIA WAS PRESENTED IN ANHUI PROVINCE, CHINA

The third joint working group of representatives of the Russian Federation on cooperation with Anhui Province was held in China on May 10-21. Representatives of Bashkortostan, Tatarstan, Mordovia, Udmurtia, Kirov, Orenburg, Penza and Ulyanovsk regions participated in the event.

Mordovia is among top 20 regions of National rating

Top 20 Russian regions of National rating of Investment climate were announced during the St. Petersburg International Economic Forum (SPIEF-2017). The Republic of Mordovia takes the 18th position in the Rating.


TURKISH VICE-CONSUL VISITED MORDOVIA

Vice-Consul of Turkey in Kazan Nurettin Kaya (responsible for economic cooperation) visited Mordovia on May 31. During the visit the Vice-Consul held a meeting with Deputy Chairman of the Government – Minister of Economy of the Republic of Mordovia Vladimir Mazov. The Turkish party promised to assist in attracting Turkish partners to cooperate with Mordovia and organize the visit of Turkish businesspersons to Saransk.

Mordovia is in top-5 regions with maximum social and political stability

According to the survey conducted by the Saint-Petersburg Politics Fund in April, Mordovia takes the fifth position in the group of regions with maximum social and political stability.

APEC: Vladimir Volkov strengthened his political influence

In April the Agency of Political and Economic Communications (APEC) made the rating of influence of heads of the Russian regions. According to the rating, Head of the Republic of Mordovia Vladimir Volkov is up for one position and now ranked 27. Thus, he entered the group of regional heads with strong influence, which includes governors ranked 21st to 50th.

BUSINESSMEN FROM NOVOSIBIRSK INVEST 500 MILLION RUBLES IN MORDOVIA

Furniture association Rost working in Novosibirsk since 2004 starts the factory for production of cabinet and cushioned furniture in Mordovia. First products will be released in June 2017 in Ruzaevka (town in Mordovia). About 30 people will be employed at the first stage of project implementation. For the next 4 years Rost company is going to invest 500 million rubles in production in Ruzaevka, the estimated annual revenue is 900 million rubles. Mordovia Development Corporation provides support to the project at the local level. Rost company considered Tambov, Lipetsk and Ryazan as investment sites, but with the assistance of Mordovia Development Corporation it was decided to set up production in Ruzaevka.

Ethnographic Park will open its doors to the residents and guests of Mordovia.

The Ethnographic Park will be built in Podlesnaya Tavla village and all the guests of Saransk during 2018 FIFA World Cup will have an opportunity to learn more about life and culture of Mordovia national village.