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THE RUSSIAN GOVERNMENT HAS APPROVED THE PROCEDURE FOR THE FEDERAL INVESTMENT TAX DEDUCTION

The Chairman of the Russian Government, Mikhail Mishustin, announced during an operational meeting with deputy prime ministers that a decision has been made to launch and establish the procedure for applying the federal investment tax deduction. The mechanism will come into effect on January 1, 2025. Businesses that invest in their own development will have the opportunity to recover 3% of such expenses, which can be used to reduce the corporate income tax payment by the same amount.

ON NOVEMBER 15, THE HEAD OF MORDOVIA WILL DELIVER HIS ANNUAL ADDRESS TO THE STATE ASSEMBLY

On November 15, the Head of Mordovia, Artem Zdunov, will deliver his annual Address to the State Assembly of the Republic of Mordovia. The event will begin at 11:00. “This Friday, I will provide a detailed overview of the development plans for Mordovia. As always, we have relied on the expert opinions of professionals from various sectors, businesses, manufacturers, and the public,” the Head of the Republic said.

SUPPORT THE VIDEO PROJECTS OF THE MORDOVIA DEVELOPMENT CORPORATION IN THE DIVO RUSSIA COMPETITION!

Three video stories from the Mordovia Development Corporation have been shortlisted for the Divo Russia XI All-Russian Festival-Competition and are available on the Divo Russia channels. These video projects are: How to Felt Valenki in Urusovo, From Maternity Leave to the Russia International Exhibition-Forum, About the Mordovian Bog Oak

INVESTMENT PROPOSAL: PROPERTY COMPLEX IN SARANSK

We invite potential investors to evaluate our investment proposal. The focus is on a property complex in Saransk, with a total building area of 50,928 square meters and land plots spanning 73,049 square meters. This complex is located in the Zone of Objects and Enterprises of Class III Hazard. The premises feature an open floor plan. The territory is secured and offers excellent road accessibility.

BUSINESSES IN MORDOVIA CAN SELL NON-CORE OR COLLATERAL PROPERTY ON A SPECIAL ONLINE PLATFORM

One of the leading banks in the country has developed the DA Portal platform, which deals with the sale of non-core and collateral property. The project aims to create and maintain electronic services that provide free access to information about property being sold by banks, government structures, industry companies, and leasing firms. The platform allows entrepreneurs, whether currently engaged in commercial activities or planning to start their own project, to quickly and directly find property for their business without intermediaries.

MORDOVIA'S BUSINESS COMMUNITY WILL BE INFORMED ABOUT PARTICIPATION IN GOVERNMENT PROCUREMENT

Mordovia continues to provide support to entrepreneurs. As part of the national project “Small and Medium Entrepreneurship”, a free training seminar on government procurement will be held in Saransk for SMEs (small and medium-sized enterprises). The seminar will cover important topics for businesses.

PROJECTS FROM MORDOVIA HAVE BECOME LAUREATES OF THE ROUTE OF THE YEAR 2024 TOURISM AWARD

Over 300 projects from 61 regions of the country were presented in Ufa at the final of the Route of the Year – 2024 All-Russian Tourism Competition. Five projects from the Republic of Mordovia were showcased, with four of them becoming laureates. In the Best Tourist Route for Family Travel category, the project “Path to the Origins” won. It offers guests an exciting tour to the House of Traditions in the village of Parakino, located in the Bolshebereznikovsky district.

PROJECTS FROM MORDOVIA HAVE BECOME WINNERS OF THE GEOBRANDS FESTIVAL

At the Land of Discoveries, the first GeoBrands Festival, held at the Civic Chamber of the Russian Federation, two projects from Mordovia were awarded. The video materials were prepared by the Mordovia Development Corporation. The film How to Felt Valenki in the Urusovo Museum won third place in the I’ll Take You to the Museum category. Experts noted the video's particularly warm and welcoming tone and recommended it for viewing in history classes at schools and on public platforms.

ATTENTION! FREE INVESTMENT PLATFORM

Mordovia Development Corporation continues to update the registry of sites available for investors to implement their projects. The registry can be viewed on the Regional Investment Map. Today, we will talk about an investment site located in Saransk on Dokuchaev Street. This site can be considered for the placement of administrative and office spaces.

MORDOVIA CONTINUES TO DEVELOP THE GLASS PRODUCTION SECTOR

On October 23, the Head of the Republic, Artem Zdunov, held a meeting with Vladimir Arutyunov, the founder of Razvitie Glass Company LLC, Glass-Decor LLC and Lisfarm Glass LLC. According to the press service of the Head of the Republic, they discussed issues related to cooperation in the implementation of investment projects. Currently, the Glass-Decor company is expanding its glass production in Ruzaevka. A new glass container plant is planned to be launched next year. The company has invested 1.5 billion rubles of its own funds into the construction, with the total investment amounting to 3.6 billion rubles.

ENTREPRENEURS IN MORDOVIA WILL LEARN ABOUT OPPORTUNITIES FOR ENTERING THE MARKETS OF BELARUS AND OTHER COUNTRIES

On November 5, a master class titled Opportunities for Entering the Market of Belarus and Foreign Countries. Organizing Sales and Purchases Using the Trading Tools of the Belarusian Universal Commodity Exchange will take place in Saransk. Entrepreneurs from Mordovia are invited to participate. During the event, speaker Ekaterina Latushkina will share her experience regarding the advantages of using the Belarusian Universal Commodity Exchange (BUCE) electronic trading platforms for conducting trade and procurement operations. She will discuss opportunities for entering new sales markets using marketing capabilities and exchange trading tools, as well as the procurement and sale of substitutes for critically imported goods (sanctioned products) on the BUCE import substitution platform.

THE DEVELOPMENT OF THE LIGHTING INDUSTRY IN MORDOVIA WAS DISCUSSED AT THE HOUSE OF THE REPUBLIC

On October 22, the Head of Mordovia, Artem Zdunov, met with the founder of the Ardatov Lighting Plant and the Lighting Fixtures Plant, Vladimir Kudashkin. According to the press service of the Head of the Republic, they discussed the development of the lighting industry in the region and the implementation of projects within the framework of the special economic zone. Both enterprises are steadily increasing their production indicators. Over the past nine months, the Ardatov Lighting Plant has produced goods worth 2.2 billion rubles, marking a 108% increase compared to the same period last year.