Armavir city of Krasnodar region
As reported by the outcome of the annual survey of foreign business in Russia.
62 companies, including 49 companies – participants of the Consultancy Council on foreign investments in Russia – took part in the survey. The annual survey was conducted by EY company in August-September 2020. Among the participants the following companies are most widely represented business companies from USA – 3M Co., Cargill, Mars, Mondelez International, PepsiCo, The Coca-Cola Co and others.
92% of companies participating in the survey reported that RF for them is one of the strategic markets. 53% of companies declared their intention to expand their presence in the country in the near term.
The participants of the survey planning regional development were called among three most promising regions of Krasnodar region.
– Our region is willing to offer investors the best profitable conditions as noted by Vice-Governor Alexander Ruppel. Inter alia, to reimburse investor costs for establishment of infrastructure facilities and compensate interest rates on the loans raised for investment purposes. The respective regulatory instruments will be adopted until the end of the year.
For the reminder, Kuban climbed to the 6th place in the Russian rating of investment climate of ASI. The region accounts for 40% of the largest investment projects of the Southern Federal District.
Press-Service of the Administration of Krasnodar region