News
MORDOVIA IS INCREASING ITS FOREIGN TRADE TURNOVER
As a result of the first quarter of 2024, the foreign trade turnover of the republic increased by more than 80%, reaching 124.7 million USD. Exports increased by 32.6% to 53.6 million USD. Imports also grew compared to the same period last year, rising 2.5 times to 71.1 million USD. According to the Ministry of Economy, Trade, and Entrepreneurship of the Republic of Mordovia, the trading partners of the republic's enterprises included representatives from 42 countries worldwide (27 countries for exports and 32 countries for imports). The largest export partners were Kazakhstan, Belarus, Mongolia, Kyrgyzstan, China and Uzbekistan. The major import partners were China, Kyrgyzstan and Belarus.
ABOUT THE NECESSITY OF SUBMITTING STATISTICAL REPORTING
Dear leaders of enterprises and organizations conducting activities in the Republic of Mordovia, we would like to remind you of the requirement to submit statistical reporting through the portal https://websbor-gks.ru/
TAKE A SURVEY ON THE IMPORTANCE OF KEY CRITERIA FOR SOCIAL AND ENVIRONMENTAL DEVELOPMENT
The BRICS University is conducting a scientific study titled Impact Investing Market Infrastructure (author - Senior Research Fellow, Associate Professor Ekaterina O. Azizi). As part of the study, significant contributions of regions to improving the quality of life of the population through the implementation of investment projects were examined.
The “Market Assessment and Business Plan Calculation” service has become available to users of the Small and Medium-sized Enterprises Digital Platform. This platform operates under the national project “Small and Medium-sized Entrepreneurship”. The new service will assist current and aspiring entrepreneurs in analyzing the situation within their chosen sector and conducting business planning across more than 160 types of activities.
MORDOVIA HAS RECORDED THE HIGHEST ECONOMIC GROWTH IN THE PAST NINE YEARS
Mordovia has recorded the highest economic growth in the past nine years. On June 27, the Head of Mordovia, Artem Zdunov, discussed issues of the region's socio-economic development with the First Deputy Prime Minister of the republican government, Natalia Tarkaeva. Positive dynamics are noted in all areas. For example, in 2023, the gross regional product increased by 4.5%. This is the highest growth in the past nine years (in Russia, GDP growth in 2023 is estimated at 3.6%).
ATTENTION! FREE INVESTMENT SITE
Mordovia Development Corporation continues to update the registry of sites available to investors for the implementation of investment projects. The registry can be accessed on the Investment Map of the region. We recommend paying attention to the investment site located in the industrial zone of Saransk, on the North-Eastern Highway.
Residents of the Priority Development Area (PDA) will be able to lease or acquire state and municipal property without a tender process and use it to implement investment projects. The decree on the procedure for transferring such property was signed by the Prime Minister of the Russian Federation, Mikhail Mishustin.
Two projects from Mordovia have been included in the Investment Projects of the Regions of Russia catalog. This booklet, authored by the Investment Development Agency of the Republic of Tatarstan, presents ready-made proposals for investors in various sectors of the economy. The catalog features two projects. One of them is the organization of industrial production of alpha-cellulose from rapidly renewable raw materials based on efficient innovative ecological solutions. The investment volume is 1,980,000,000 rubles, with a payback period of 7 years.
Applications are being accepted for the 20th Anniversary Award named after P.A. Stolypin in the field of economics and finance. The event is being held in collaboration with the Financial, Industrial, and Investment Policy Council of the Chamber of Commerce and Industry of the Russian Federation, the Russian Union of Industrialists and Entrepreneurs and industry associations.
TWO ENTREPRENEURS FROM MORDOVIA ARE AMONG THE NOMINEES FOR THE ALL-RUSSIAN AWARD
On the website of the All-Russian Young Industrialist of the Year award, a public vote is underway. Among the contenders for victory are two entrepreneurs from Mordovia: Alexander Zemchenko and Vladimir Karlenkov.
The Ministry of Economic Development of Russia has developed an investment map of Russia (https://invest.gov.ru/). It is already operational and available to both Russian and foreign entrepreneurs and investors. This was announced by the Minister of Economic Development, Maxim Reshetnikov, during the plenary session of the Entrepreneurship Day at the Russia forum-exhibition at VDNKh. The platform is based on data from the investment maps of the constituent entities of the Russian Federation, which were developed during the implementation of the regional investment standard under the guidance of First Deputy Prime Minister Andrey Belousov.
MORDOVIA DEVELOPMENT CORPORATION PARTICIPATED IN THE NAIDA.DIGIT PLATFORM MEETING
On June 14th, employees from the Investment Development Department of the Mordovia Development Corporation participated in a video conference session of the NAIDA.Digit platform. During the video conference on June 14th, the employees from the Investment Development Department of the Mordovia Development Corporation reviewed the results of the NAIDA research on the creation of regional investment maps in Russian regions (in accordance with RIS 2.0) and regional investment portals planned for 2024.