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SMOLENSK REGION Contents We offer great opportunities to our partners! Russian Federation SMOLENSK REGION www.smolinvest.com Contents 02 03 04 06 07 08 The welcome Geographical Smolensk Transportation Competitive speech location Region edge of the Governor today of the Smolensk Dear Ladies and Gentlemen! Region Let me heartily greet You in our ancient and heroic land. I invite You to get a closer 09 10 12 13 14 16 acquaintance with our region. Support for small Smolensk State support State support Logistics Priority and medium sized Regional Fund for investment for investment complexes investment sites The present business pages for investors will The Administration of the Smolensk Region has enterprises for the Support activity of big activity of small and terminals defi nitely provide You with the bright illustrations of worked out a clear investment policy aimed at the of Entrepreneur business and medium various resources of our Smolensk Region. improvement of the regional investment climate and ship sized enterprises I feel sure that the up-to-date overview of the provision of investment safety. We provide assistance regional potential will be of great interest for top for those partners who strive to establish mutual managers, representatives of business elite, relations in various business fi elds. 18 19 20 21 22 24 entrepreneurs, other specialists interested in the Our region is open to those partners who pursue Smolensk Region. serious and positive interests. We express our readiness State industrial Industrial Transportation Main priorities Industry Agriculture Being the Western gate of Russia, Smolensk for widening cooperation in industrial, technological, park «Phoenix» park «Safonovo» and logistics of the regional has a unique geographical location which creates investment and scientifi c spheres. industrial complex development «Stabna» the prerequisites necessary for increasing and I believe that the Smolensk Region will always be implementing the investment potential of the a hospitable home for investors. I wish all business region. Smolensk is an important transportation and community prosperity and successful implementation communication hub with the shortest highways and of investment projects. railways running from Central Russia to Europe. 25 26 27 28 29 30 The vast territory and rich mineral resources, signifi cant technological and intellectual potential State support Education Healthcare Culture Sport Tourism for agricultural make the region attractive for investors, Russian and producers international companies and fi nancial organisations. The Smolensk Region can boast its congenial Governor conditions for stable economic development. of the Smolensk Region A.V. Ostrovskiy 3 It includes 2 transport corridors Geographical location East-West North-South The Smolensk region is a most important М-1 «Belarus» А-141 «North-South» transport and communication hub BPS - II –Baltic SMOLENSK А-101 «Moscow-Bobruisk» 68 million people are currently Pipeline System living within a 500-km radius main railway line main railway line of Smolensk. The Yamal-Europe gas pipeline S S I A N F E D E R A E R U T I O Tallinn T H N Saint-Petersburg Riga Ekaterinburg Moscow Novosibirsk Vilnius Hamburg Chita Minsk Smolensk Irkutsk Rotterdam BELARUS Hamburg Berlin Brest Zabaykalsk Bremen Kiev UKRAINE Khabarovsk Rotterdam Paris Ulan Bator Vladivostok Sevastopol MONGOLIA Paris Novorossiysk Vladivostok Beijing Bishkek KYRGYZSTAN Berlin Beijing Tokyo NORTH KOREA JAPAN Bremen Tokyo SOUTH KOREA CHINA Smolensk Region today Transportation DISTANCE BETWEEN THE CITIES ON THE HIGHWAY M-1 «BELARUS» SMOLENSK - MINSK - 348 km SMOLENSK - MOSCOW - 395 км GAGARIN - MOSCOW - 180 км Pskov Tver 359)5= Riga 1 hour 35 minutes Paris <?'@3' 3 hours 40 minutes Е 30 180 km from Moscow Riga a number of highways connecting 1 hour 10 minutes SMOLENSK Russia with European countries Paris Moscow– Smolensk – 4 hours unique geographical location 2 hours 45 minutes and congenial conditions Kaluga 4 hours 50 minutes for logistics development Gagarin VIZA «Swallow» - 4 hours 30 minutes Moscow and terminals functioning. Smolensk Belarus Moscow – Nice – 50 hours 8592'<2 Minsk Minsk– Smolensk - 3 hours Bryansk 1900 deposits of mineral resources 56 deposits of fresh underground waters Berlin 12 deposits of mineral underground waters 1 hour 45 minutes 35% of Russian and 75% of international goods from Western Europe are carried through Warsaw the territory of the Smolensk Region 1 hour 10 minutes Berlin 2 hours 40 minutes total area: population: 25 2 10 700 km 1 259 km The main 49 800 km2 1 000 000 municipal towns of highways of railways transportation Warsaw people districts hubs are: Smolensk, 2 hours Vyazma, Roslavl 6 7 Provision of state support Competitive edge of the Smolensk Region SMOLENSK REGIONAL for small and medium sized FUND FOR SUPPORT enterprises OF ENTREPRENEURSHIP www.sofpmp.ru GUARANTEE FUND Microfinance, provision Provision of securities for small of consulting services and medium sized enterprises. on business development. INVESTMENT PORTAL OF THE SMOLENSK REGION www.smolinvest.com AGENCY OF LOAN SECURITY VYAZMA CORPORATION OF THE www.acgrf.ru PREFERENCES DEVELOPED WOOD INVESTMENT FOR INVESTORS INDUSTRY PROCESSING DEVELOPMENT OF THE Initiation, management and SMOLENSK REGION development of the national guarantee system ensuring the Increasing investment dynamic development of the SMOLENSK attractiveness of the Smolensk entrepreneurship. Region. Attraction of investment and implementation of investment projects in the Smolensk Region. Creation of investment sites. INDUSTRY Investment management. DEVELOPMENT FUND TRANSPORTATION HIGHLY QUALIFIED CONGENIAL AND COMMUNICATION HUB SPECIALISTS BORDER LOCATION www.rftr.ru The Fund stimulates REGIONAL modernization of Russian INTEGRATED CENTRE (RIC) industry and encourages the production of competitive IN THE SMOLENSK REGION products which provide import Business Support on Your Doorstep )81')256&,(17,),& substitution. ROSLAVL $1'7(&+12/2*,&$/6833257 www.eicc-smolensk.ru 2)60$//(17(535,6(6 Information support and consulting services for the regional enterprises on the establishment of business contacts with partners from other Russian regions and abroad. www.fasie.ru ENERGY SECURITY PREREQUISITESPROXIMITY FOR TOURISM A NETWORK DEVELOPMENT:TO MEGAPOLISES RECREATIONAL ZONES, OF EDUCATIONAL The funds implements the programs of innovative CULTURAL AND HISTORICAL HERITAGE INSTITUTIONS development designed to create new and improve existing high-tech companies, increase their profits, attract investment, and create new work places. Provision of state support SMOLENSK REGIONAL Microfinance for small and medium FUND FOR SUPPORT Loans for entrepreneurs and companies: sized enterprises - from 10 000 upto 1 000 000 roubles; OF ENTREPRENEURSHIP - from 1 upto 3 years depending on the type of economic activity. for companies working for companies working 8% in agriculture, 10% in other spheres per year industrial production per year including trade. and service. MICRO-LOANS 8% 10% To receive a bank loan • the borrower submits a limited number of documents • no security of the pledge perгодовых year per year • the loan is provided within 3-5 day • early repayment of credit Guarantee fund DEPENDING ON THE KIND OF ECONOMIC ACTIVITY Guarantees upto 20 mln roubles for bank loans and letters of credit lasting no longer than 5 years. • the commission for guarantee provision does not exceed 1/3 of the key interest rate defined by the Central Bank of Russia • guarantees to cover upto 50% of the loan or the letter of credit PROVISION OF GUARANTEES FOR SMALL • guarantees are provided within 7 days To be eligible for the Fund loan/guarantee the applicant should: AND MEDIUM SIZED ENTERPRISES • be qualified as a small or medium sized enterprise (Federal law 209-FZ issued on July 24th, 2007) • be registered as a tax payer and function in the territory of the Smolensk Region • not have any debts into the regional budget Smolensk Regional Fund for Support of Entrepreneurship is accredited by the OJSC «Non-bank depository and credit company Smolensk Engels st. bld. 23 +7 (4812) 610-509, 777-077 E-mail: [email protected] www.sofpmp.ru «Agency of credit guarantees» 11 State support State support for investment for big business activities of the small >250 >1 bln rubles < 250 < 1 bln rublees investment employees sales revenue and medium enterprises employees sales revenue TAX RELIEF FOR INVESTORS TAX RELIEF FOR INVESTORS CORPORATE PROPERTY CORPORATE PROPERTY 0% TAX 0% TAX 300 300 CORPORATE INCOME 7 years million rubles CORPORATE INCOME 7 years million rubles TAX 4,5% TAX 4,5% validity period validity period SUBSIDIES Subsidies in the amount of corporate income tax are annually given for reimbursement SUBSIDIES of expenses incurred while implementing PRIORITY investment projects Reimbursement up to 75% Reimbursement of up to 3/4 of the expenses for techno- Bank of Russia key interestrate logical connection to power and not more than 70% of all grid facilities less than 1,5 MW actually incurred expenses > 3 > 300 for interest payments 7 years bln rubles employees Reimbursement up to 50% Reimbursement up to 90% of expenses incurred through of expenses for the first instal- In priority economic activities: buying equipment for setting lment (advance) payment - food production up and (or) developing and (or) to those subjects who signed upgrading production process a leasing agreement with - machinery and technical equipment manufacturing Russian leasing companies -
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