The Pskov Region is famous for its great history and vast prospects for economic development. It possesses a number of competitive advantages, including a beneficial geographic location on the border with three states – the EU countries Estonia and Latvia and the Republic of Belarus, a member of the Commonwealth of Independent States.
The Pskov Region is distinguished by its well-developed transportation and engineering infrastructure. The network of roads and railways crossing the region connects it with the following major economic centers: Moscow, St. Petersburg, ports of Russia, and the Baltic states. Moreover, our region has a huge industrial, economic, and scientific potential as well as human resources; and it is considered to be one of the largest traditional cultural centers in Russia.
Our strategic goal is to develop investment processes in these priority-oriented directions: industrial, agricultural, tourist, transport, and logistic sectors of economy
The regulatory and legal framework of investment activity improves from year to year, remaining targeted towards supporting business focused on investing financial resources into various sectors of the economy. Major investment projects implemented in this region cover such spheres of development as pig breeding, aviculture, compound feed industry, tourism, transport logistics, and many more.
The Pskov Region is ready for perspective cooperation with potential investors!
Distance to Moscow
Moscow—Pskov — 2 hours
0.65 million people
3.60% english speaking population
Area of the Region
55,4 thousand sq km
Gross Regional Product₽ 114,25 billion₽ 173,35 thousand per person
Foreign Direct Investment$ 13,80 million$ 21,20 per person
Fixed investment₽ 29,51 million₽ 45 134 per person
Unemployment rate6,50 %
Percentage of profitable companies59,70 %
Average cost of living₽ 8 518
Average monthly wage₽ 21 004
Geographical location and climate
206,7 K people
96,5 K people
20,6 K people
15,4 K people
|Sunny days||Average annual rainfall|
|Average January temperature||Average July temperature|
|Agricultural period||Snow cover duration|
|4 months||4 months|
- 55024 thousand cubic m
- 94051 thousand cubic m
- 44535 thousand cubic m
- 564 million t
Forest resources Rated wood cutting - 5675,2 thousand cubic m, i.a. 2444,7 cubic m leased out
Water resources 3700 lakes 3261 sq km in area (therefrom Lake Peipus is 2100 sq km in area), upward of 15000 rivers (the central are the Velikaya and the Shelon rivers)