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Cherepovets has made it into the top 10 single-industry cities of the Russian Federation.

03.12.2021 10:31

Cherepovets has made it into the top 10 single-industry cities of the Russian Federation.

Results of the main rating for all single-industry cities of the Russian Federation have been announced in Moscow. Vologda Region Governor Oleg Kuvshinnikov took part in the event.

Chief Managing Partner for Urban Development of VEB RF, General Director of the Fund for the Development of Single-industry Cities Irina Makieva told about the assessment of single-industry cities.

The rating has been compiled by the Fund for the Development of Single-industry Cities. The indicators reflect the level of socio-economic development of monotowns, the assessment of business opportunities in the city by small and medium-sized entrepreneurs, the presence or absence of pressure on businesses, the municipalities’ assessment by residents, the level of interaction with regional and federal development institutions, the quality of infrastructure for the communities, etc.

The head of the Vologda Region shared his expert opinion on overcoming the mono-dependence of Cherepovets. “The city's economy has been diversified. Over 12 years, more than 40,000 jobs have been created in the entire urban infrastructure. The city has renovated parks, squares and embankments. Investment projects are being implemented, and an industrial park is being developed. Today, Cherepovets is a city with rapid economic growth, a growing population and gigantic prospects,” said Mr. Kuvshinnikov.

The 10 best single-industry cities (monocities) of Russia are Naberezhnye Chelny (Republic of Tatarstan), Nizhnekamsk (Republic of Tatarstan), Togliatti (Samara Region), Novoulyanovsk (Ulyanovsk Region), Gubkin (Belgorod Region), Pavlovsk (Voronezh Region), Kotovsk (Tambov Region), Magnitogorsk (Chelyabinsk Region) and Nevinnomyssk (Stavropol Territory).

Top News Library, Governor, Economy and Employment, Cherepovets

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