Corporation of Development for the Vologda Region

Open Joint-Stock Company «Corporation of Development for the Vologda Region» was founded in February 2012 by the Governor of the Vologda region Oleg Kuvshinnikov, with the support of the Legislative Assembly.

Its aim is to attract investment into the region's economy and support investment projects. Vologda Region Development Corporation has started working from June 1, 2012.

Aims and objectives

1. Territorial development of Vologda Region:

• Search and support investment projects
• Creation of positive investment climate
• Attracting investors for realization of projects in Vologda Region

1. Investment marketing:

• Marketing of the territory
• Development of strategic initiatives
• Organization of the researching process of the investment market outside of Vologda region, including the search for investors in Russia and abroad.

1. Support investment projects:

• Monitoring of investment projects
• Participation in projects
• Development of public-private partnership