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.
Distance to Moscow
Moscow—Yaroslavl-Vologda — 4 hours 30 minutes
1.19 million people
4.10% english speaking population
Area of the Region
144,5 thousand sq km
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 rate5,60 %
Percentage of profitable companies65,30 %
Average cost of living₽ 8 578
Average monthly wage₽ 26 749
Geographical location and climate
315 K people
314 K people
37 K people
32 K people
|Sunny days||Average annual rainfall|
|Average January temperature||Average July temperature|
- 278m m3
- 1 487m tonnes
- 309m m3
- 5.5m tonnes
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.