The Rostov Region has significant potential to attract investment due to a set of competitive advantages of the region such as favorable climatic conditions, a good geo-economic and geopolitical location, transportation infrastructure, a diversified economy and the availability of high-tech industries, considerable scientific potential, resources, and more.



The Rostov Region is very open and accessible to all foreign investors. In 2011, the international rating agency "Fitch Ratings Ltd." gave the long-term credit rating of «A +» for Rostov region. Forecast is "stable". This rating shows that the economy of the Rostov Region is well-diversified. It is expected that the region will make a positive impact to the recovery of the national economy, with projected growth of the gross regional product between 5%-6% in the average term.

Long-term ratings in foreign and local currency also remained unchanged: «BB-»; the short-term foreign currency rating is «B».

The Russian rating agency "Expert RA" placed the Rostov Region in the Top 10 Russian regions in terms of investment potential and minimal risk (for the period 2010-2011).

In this case, Rostov ranked 10th in terms of investment potential and was considered as a region with "average potential - minimum risk (2A),".

High investment attractiveness is key to providing a positive image of the Rostov Region, the use of which can significantly increase the flow of external financial resources to the region.

Governor of Rostov region
Vasily Golubev
 
  • Administrative center

    Rostov-on-Don

  • Federal district

    Southern

  • Distance to Moscow

    1000 km

    Moscow—Rostov-on-Don — 2 hours

  • Timezone

    UTC+4/MSK

  • Population

    4.24 million people

    4.00% english speaking population

  • Area of the Region

    101 thousand sq km

 

Economic performance

  • Gross Regional Product

    923,53 billion
    ₽ 217,3 thousand per person
  • Foreign Direct Investment

    $ 800,30 million
    $ 188,70 per person
  • Fixed investment

    262,49 million
    ₽ 61 853 per person
  • Unemployment rate

    5,90 %
  • Percentage of profitable companies

    70,80 %
  • Average cost of living

    7 967
  • Average monthly wage

    23 818
Gross Regional Product
GRP per capita
Foreign Direct Investment
Fixed investment
Fixed investment per capita
Unemployment rate
Average monthly wage
Percentage of profitable companies

Geographical location and climate

Largest cities

  •  

    Rostov-on-Don

    1103,7 K people

  •  

    Taganrog

    254,8 K people

  •  

    Shakhty

    237,6 K people

  •  

    Volgodonsk

    173,14 K people

 

Seas

  • Sea of Azov

Border countries

  • Ukraine
 
Sunny days Average annual rainfall
136 618 mm
Average January temperature Average July temperature
-5°С 25°С
Agricultural period Snow cover duration
9 months 4 months
Natural area
Steppe
 

Natural resources

  • Mineral resources

    Quicksilver
    Nickel
    Iron
  • Combustible resources

    Coal
    24234 million tonnes
    Natural gas
    36,02 billion m3
    Oil
    3,3 million tonnes
 
 

Report inaccuracy