Dear Friends!

The ancient history of the Vologda region began many centuries ago. Our area played a significant role in formation of the Russian nation and contributed to the treasury of the Russian and world culture.

Today the favorable geographical position of the region, ample natural resources, highly skilled experts, an effective system of the economy management, and auspicious opportunities for business development offer an extensive scope for activity of vigorous and entrepreneurially-inclined people.

The Vologda Region is an industrially-developed, export-oriented area in northwest Russia. Over the years we have maintained trade and economic relations with more than 100 countries in the world. The scope of our activity is vast. We are constructing roads, laying gas pipelines, recycling wood, delivering prime quality food products to the Russian and foreign markets, casting steel, growing up flax, spinning wonderful laces, and designing modern trolley buses. Moreover, we accept tens of thousands of tourists annually.

Our region is bestowed with natural wonders, picturesque landscapes, and uncountable monuments of a glorious past. All these factors make the Vologda Region attractive and appealing to investors.

Governor of Vologda Region
Oleg Kuvshinnikov
 
  • Administrative center

    Vologda

  • Federal district

    Northwestern

  • Distance to Moscow

    410 km

    Moscow—Yaroslavl-Vologda — 4 hours 30 minutes

  • Timezone

    UTC+4/MSK0

  • Population

    1.19 million people

    4.10% english speaking population

  • Area of the Region

    144,5 thousand sq km

 

Economic performance

  • Gross Regional Product

    341,14 billion
    ₽ 285,52 thousand per person
  • Foreign Direct Investment

    $ 2 619 million
    $ 2 199 per person
  • Fixed investment

    64,89 million
    ₽ 54 430 per person
  • Unemployment rate

    5,60 %
  • Percentage of profitable companies

    65,30 %
  • Average cost of living

    8 578
  • Average monthly wage

    26 749
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

  •  

    Cherepovets

    315 K people

  •  

    Vologda

    314 K people

  •  

    Sokol

    37 K people

  •  

    Veliky Ustyug

    32 K people

 
 
Sunny days Average annual rainfall
131 569 mm
Average January temperature Average July temperature
-9°С 22°С
Natural area
Mixed forest
Taiga
 

Natural resources

  • Mineral resources

    Sand
    278m m3
    Limestone
    1 487m tonnes
    Gravel
    309m m3
  • Combustible resources

    Turf
    5.5m tonnes
  • Other resources

    Water resources About 20 thousand rivers and brooks. 4.2 thousand lakes and 6 reservoirs. The territory of the region has an access to 3 seas through rivers and lakes: the White Sea, the Caspian Sea, the Baltic Sea

    Forest resources More than 70% of the region's territory is covered with forest. Forest covers an area of 11.6m hectares. Forest composition: pine , fir tree, birch, aspen. Total timber reserves amount to approx. 1,7 bln m3, more than 50% - coniferous wood.

 
 

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