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ANOTHER REGIONAL BRAND HAS APPEARED IN MORDOVIA

The Mordovian Christmas tree jewelry toy from the Incrua company has received the status of a regional brand. The right to a geographical indication has been registered by Rospatent. This is not just a decoration for a New Year tree. It is a symbol of a region that combines traditions, craftsmanship and rare materials. The toys are handcrafted from jewelry resin, natural minerals and Mordovian bog oak, which has lain for thousands of years in the rivers of Mordovia, preserving its unique texture and color.

ENTREPRENEURS IN MORDOVIA HAVE ATTRACTED OVER 2.3 BILLION RUBLES THROUGH THE USE OF UMBRELLA GUARANTEES

Small and medium-sized enterprises in Mordovia, thanks to the implementation of the Small and Medium Entrepreneurship national project, have attracted 2.33 billion rubles through the use of umbrella guarantees. Nationwide, this mechanism has helped small and medium-sized businesses attract over 890 billion rubles in funding since its launch in 2021, with more than 90,000 loans issued. Moreover, one in three businesses would not have been able to secure financing without this support.

ENTERPRISES IN MORDOVIA HAVE RECEIVED CERTIFICATES GRANTING THEM THE RIGHT TO USE THE QUALITY GRAPHIC MARK

In Mordovia, certificates granting the right to use the Brand of Goods of the Republic of Mordovia graphic mark were presented. Eleven regional enterprises became holders of this important document. The honorable list includes Atemarskaya Poultry Farm OJSC, Ruzovo JSC, Romodanovosahar LLC, Magma-Ceramic LLC, Lato JSC, NovoMilk LLC, Em-Kat LLC, Em-Plast LLC, Over-Pharma LLC, Saranky Distillery LLC and Horizont LLC.

MORDOVIA DEVELOPMENT CORPORATION HELD A MEETING WITH A RESIDENT OF THE RUZAEVKA PRIORITY DEVELOPMENT AREA

On December 13, representatives of the Mordovia Development Corporation held an off-site working meeting with the management of the Konstrukcionnye Kompozity LLC. The company is one of the residents of the Ruzaevka Priority Development Area. The issues of project implementation and the difficulties that arise were discussed. Particular attention was paid to finding ways to solve them. During the meeting, promising areas of joint activity were outlined. At the same time, possible options for state support were considered.

THE RUSSIAN GOVERNMENT HAS REDUCED THE INSURANCE CONTRIBUTION RATE FOR SMALL AND MEDIUM-SIZED BUSINESSES (SMES) TO 7.6%

Starting from January 1, 2025, insurance contributions for small and medium-sized enterprises in the manufacturing sector will be reduced to 7.6%. This was announced by the Chairman of the Russian Government, Mikhail Mishustin. Small and medium-sized enterprises producing food products, pharmaceutical substances, fabrics and clothing, plastic and glass products, household appliances, and other goods will benefit from this preferential rate. In total, the list includes more than 30 types of economic activities.

MORDOVIA DEVELOPMENT CORPORATION IS OVERSEEING AN INVESTMENT PROJECT IN THE FIELD OF MUNICIPAL SOLID WASTE MANAGEMENT

Mordovia Development Corporation is overseeing an investment project for the establishment and operation of municipal solid waste (MSW) management facilities in the region. This project is being implemented under a concession agreement between the Republic of Mordovia and Mordovian Environmental Operator.

THE GOVERNMENT OF THE RUSSIAN FEDERATION HAS ALLOCATED OVER 5 BILLION RUBLES FOR A PREFERENTIAL LOAN PROGRAM TO FINANCE THE PROCUREMENT OF PRIORITY IMPORTED GOODS

Over 5 billion rubles will be allocated to subsidize a special preferential loan program for the procurement of economically important imported goods. This was reported on the official website of the Russian Government. The allocated funds will subsidize previously issued loans to importers totaling approximately 140 billion rubles and maintain the preferential interest rate for borrowers.

A FREE SEMINAR ON ENTERING THE MARKETPLACES OF BELARUS AND CHINA WILL BE HELD IN SARANSK

An educational seminar on entering electronic marketplaces in Belarus and China will be held in the capital of Mordovia. The event will take place on December 10 at 10:00 at the following address: Saransk, Pskovskaya Street, 2A (Molodyozhny Business Incubator). The speaker of the seminar will be Regina Porotikova, Deputy General Director of the Epindo company. In her presentation, she will cover various topics, including export specifics, methods of promotion on marketplaces, increasing sales, organizing fairs, and more.

IGOR KOMAROV AND ARTEM ZDUNOV DISCUSSED THE SOCIO-ECONOMIC DEVELOPMENT OF MORDOVIA

On December 6, a working meeting took place at the House of the Republic between Igor Komarov, the Plenipotentiary Representative of the President of the Russian Federation in the Volga Federal District, and Artem Zdunov, the Head of Mordovia. The meeting focused on issues related to the socio-economic development of the republic and the preservation of socio-political stability in the region.

THE ERZIA MUSEUM MAY BE FEATURED ON THE UPDATED 1,000-RUBLE BANKNOTE

A nationwide vote is underway to choose a symbol for the new 1,000-ruble banknote. Among the contenders is the Mordovian Republican Museum of Fine Arts named after S.D. Erzia. You can cast your vote at the following link: https://cbr.ru/cash_circulation/simvoly-dlya-banknot/. The voting will continue until December 12.

IN MORDOVIA, THE CONDITIONS FOR SUPPORTING THE PRODUCERS OF FOLK ART PRODUCTS WERE DISCUSSED

On December 5, Fatima Gatieva, Advisor to the General Director of the Mordovia Development Corporation, participated in a meeting dedicated to supporting producers of folk art products (FAP). The event took place in the conference hall of the Technopark-Mordovia. The meeting discussed the opportunities and conditions for government support for folk art products (FAP). Fatima Gatieva spoke about creative industries and the prospects of collaboration between traditional crafts and modern design. She also shared ideas for promoting and selling products from Mordovian artisans.

AT THE HOUSE OF THE REPUBLIC, THE PARTICIPATION OF MORDOVIA IN THE PILOT PROJECT FOR INVOLVING REAL ESTATE IN THE ECONOMIC TURNOVER WAS DISCUSSED

On December 4, the Head of Mordovia, Artem Zdunov, met with Tatiana Gromova, Deputy Head of Rosreestr. The parties discussed the interaction and coordination between Rosreestr, the Roskadastr, and the regional government in the implementation of the Involving Real Estate in the Economic Turnover pilot project. The Head of Mordovia emphasized the importance of this work for the region: “The property and real estate we have must be included in the economic turnover. If this work is well-organized at the municipal level, it immediately reflects on the growth of the budget's revenue part. When clear and understandable accounting is established, it has a positive impact on the entire economy.”