I’m happy to present to you the Lipetsk Region as one of the most successful and dynamically-developing regions in modern Russia, holding leading positions in the Russian Federation according to many social and economic indicators.
Even though our region is small in both size and population, it has high scientific; technical; industrial; and investment potential and a well-developed infrastructure.
The credit ratings assigned by the international corporation “Fitch” are supported by high rates of liquidity of the Lipetsk region, weighted financial management and debt.
For almost ten years the region has been included in the leading group of Russian territories according to the rating of investment attractiveness prepared by an authoritative Russian rating agency.
Improvement of the legislative base and a decrease in investment risks became the bases of the steady inflow of investments into the region’s economy. During the period from 2001 to 2009, the volume of investment in the comparable prices increased almost by 7 times. The share of investments in GRP counts for 41% which corresponds to the indicators of intensively developing industrial countries. Foreign investments were accumulated for about $ 15 billion.
The priority directions for attraction of investments are the automotive industry, mechanical engineering, food processing, pharmacy, and biotechnologies.
In this region all conditions, legal and economic, are created for successful businesses.
• The investment strategy of the Lipetsk region for the period until 2020, providing a systematic approach in defining the directions for a dynamic development of the region, is accepted and realized.
• The investment memorandum of the Lipetsk region for 2012 publicly declares the general principles of interaction of regional authorities with investors.
• Special territories with appropriate conditions for the implementation of economic functions are created for investors: special economic zones of federal and regional levels and industrial parks. Projects, which use state-private partnership, are actively supported.
We are not only anticipating investors, but also already cooperating with them and bring any initiative of the investor to a logical end.
I sincerely welcome the active participation of the business community in its implementation of investment ideas in our region.
The Lipetsk Region is ready for your cooperation!
Distance to Moscow
Moscow—Lipetsk — 1 hour
1.16 million people
2.50% english speaking population
Area of the Region
24 thousand sq km
Gross Regional Product₽ 314,79 billion₽ 271,13 thousand per person
Foreign Direct Investment$ 842,90 million$ 727,90 per person
Fixed investment₽ 110,1 million₽ 95 008 per person
Unemployment rate3,70 %
Percentage of profitable companies71,80 %
Average cost of living₽ 7 062
Average monthly wage₽ 23 133
Geographical location and climate
509 K people
107 K people
|Sunny days||Average annual rainfall|
|Average January temperature||Average July temperature|
|Agricultural period||Snow cover duration|
|7 months||5 months|
- 2.5 billion t
- 100.8 million m3
- 100 million m3
Land resources There are 2.4 million hectares of land in the region, farmland amounts to 1.8 million hectares, including 1.5 million hectares of arable land (black soil)
Recreational Resources Main natural medical resources: chloride-sulfate sodic water (mineralization 4.1 g/l). There are 13 mineral wells with aggregate water withdrawal of 1500 m3 per day (for baths and treatment), medical peat mud (s. Dvurechka deposit)