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Department of Economic Development

Overview

Department of Economic Development of the Vologda Oblast works in accordance with the Clause of the Department of Economic Development. The Department of Economic Development is the main local government body responsible for carrying out the investment policy, foreign economic activity, trade and economic relations. It is responsible for co-coordinating the activities of federal and regional executive bodies in relation to foreign investment, domestic and international trade, preparing concession agreements and production-sharing agreements, infrastructure development.

The Department of Economic Development develops and maintains foreign economic relations for the Vologda Oblast fostering partnerships that increase global visibility, cultural understanding and economic growth.

Within its competence, the Department performs the following functions:

  • investment activity development;
  • scientific and innovative activity development;
  • Vologda’s trade and economic relations, as well as economic integration with the Russian regions and foreign states;
  • control for liquor market of the Vologda Oblast;
  • control for observance of normative and legal documents;
  • assistance to enterprises and companies of the Vologda Oblast aiming to participate in international exhibitions, fairs, presentations and any other activities;
  • preparation of agreements, contracts, memorandums, minutes of deliberations about foreign economic relations;
  • organization of events aiming to attracting foreign investment;
  • development of export capacity and provision of wide integration of the region's economy into the national and world economy;
  • provision of small- and medium-sized business of the Vologda Region;
  • modernization and technological renewal of key industries, localization of production, introduction of modern resource saving techniques;
  • works coordination in development of investment programs;
  • development of the proposals for stimulation of export potential development, optimizing foreign trade and payment balances, carrying out preparation of forecasts for the export of goods (works and services).

News

Today Russian-Chinese scientific and practical conference “Social and Economic Development of Russia and China” held within the framework of China's Belt and Road Initiative starts in Vologda.

The Russian-Chinese scientific and practical conference “Social and Economic Development of Russia and China” is held on the basis of the Vologda scientific centre of the Russian Academy of Sciences.

Delegation from Vologda Region led by Deputy Governor Vitaly Tushinov participated in business missions in Uzbekistan.

Vologda’s entrepreneurs strive to develop partnership relations with Uzbekistan. The business mission to Tashkent and Fergana, Uzbekistan was held on November 4-7, 2019. The visit was organized by the Centre of Export Support "My Business” and the Department of Economic Development of the Vologda Region.

21 Vologda-based companies are in the list of “100 Best Goods of Russia”, the country-wide trade fair organized by the Academy of Quality Problems.

“100 Best Goods of Russia” contest is the All-Russian Program that selects from the variety of products made in Russia 100 best products by product innovation, economic impact on a national scale, quality management systems and technical regulation. Over the years of its existence, the contest became widespread throughout Russia and has become one of the important phenomena of business life in Russia.

International and Russian experts came to Vologda Region to discuss best practices concerning export development.

IV International Cooperation Council kicked off in Vologda on October 31st. The International Cooperation Council gathered leading experts, government officials, business support institutions and public organizations from ten Russian regions and such foreign countries as Germany, Finland, France and the Netherlands.

Delegation of the Embassy of Japan in Russia arrived in Vologda Region on a three-day working visit.

A delegation of the Embassy of Japan in Russia headed by Plenipotentiary Minister of the Embassy of Japan in Russia arrived in Vologda Region on a three-day working visit. Representatives of the executive authorities of the Vologda Region met with the members of the Japanese delegation to discuss guidelines for Russian-Japanese cooperation and prospective benefits of conducting joint economic activities.

Vologda Region is stepping up cooperation with Czech Republic in scientific sphere.

Cooperation between the Vologda Region and the Czech Republic was discussed at the St. Petersburg International Economic Forum. Vitaly Tushinov, Deputy Governor of the Vologda Region met with Consul for Trade and Economic Affairs of the Consulate General of the Czech Republic in St. Petersburg.

New opportunities for foreign economic cooperation of Vologda Region and Czech Republic were discussed at Vologda Chamber of Commerce and Industry.

On May 22nd, a delegation from the Czech Republic led by Governor of Zlín region Jiri Cunek arrived in the Vologda Region. Among the members of the delegation there were high-ranking officials of the Zlín Region of the Czech Republic and businessmen.

Representatives of South Korean companies LS Mtron and LS Networks paid an official visit to Vologda Region on March 21st.

Vologda Region Governor Oleg Kuvshinnikov and Deputy Governor Anton Koltsov met with the Korean entrepreneurs in the Cherepovets City Hall. The focus of the meeting was on cooperation development in the sphere of mechanical engineering, namely production of tractors.

A Spanish company might implement a joint woodworking project in Vologda Region.

The Spanish businessmen arrived in the Vologda Region on a two-day duration visit to hold a meeting with Deputy Governor Vitaly Tushinov, Head of the Department of Economic Development Evgeny Menshikov and Director of the Vologda Region Development Corporation Oksana Yakovleva. The negotiations in the local government are aiming to discuss the possibility of implementing a new investment project for production of peeled veneer and veneered panels.

Vologda Oblast is stepping up cooperation with Saxony, Germany.

A delegation of German businessmen headed by representative of Saxony's Business Community in the Russian Federation Dr. Manfred Liebl arrived in Vologda on March 20th.

Delegation of Vologda Region is taking part in St. Petersburg Partneriat for small and medium business.

St. Petersburg Partneriat for small and medium business is a 3 day event being held from 20 - 22, 2018 at Expoforum Convention and Exhibition Centre, St. Petersburg.

Armenia is interested in delivery of a range of goods from Vologda Region.

A three-day official visit of the Vologda Region to the Republic of Armenia was arranged on December 16-18. Deputy Governor of the Vologda Oblast Anton Koltsov summed up the results of the visit and defined guidelines for cooperation between Vologda and Armenia in such spheres as economy, culture, tourism, timber industry and agriculture.

Vologda’s businessmen are to participate in business missions in Germany and India.

Vologda’s entrepreneurs strive to develop partnership relations with Germany and India. The business mission to Germany will be held on November 7-10, 2017 and to India - on December 4-7, 2017. The visits will be organized by the Vologda Center for Entrepreneurship Support and the Department of Economic Development of the Vologda Region.