Dear Investors!

The Voronezh Region is a region with high resource, industrial, scientific, and technical potential. All these factors help create a favorable investment climate for the development of any business. In the past three years, the Voronezh Region has occupied a leading position in terms of investment growth not only in the Central Federal District, but also in the country as a whole. High investment growth rates were achieved through the implementation of major investment projects in the region with regional state support.

The main tool of investment policy is the Program for Socio-economic Development of the Voronezh Region. Since 2009 more than 55 productions were set up in the region through this program.

Priority initiatives aimed at creating favorable investment climate are the following: the implementation of the Standard of the Executive Authorities of the Voronezh Region to ensure a favorable investment climate in the region, formation and development of investment platforms, a reduction of individual procedures, and optimization of the process of granting permits and approvals for the implementation of investment projects.

I am confident that the regional government will make its best effort to ensure high growth rates of investment.



 

Governor of Voronezh Region
Alexey Gordeev
 
  • Administrative center

    Voronezh

  • Federal district

    Central

  • Distance to Moscow

    587 km

    Moscow—Voronezh — 1 hour 15 minutes

  • Timezone

    UTC+4/MSK

  • Population

    2.33 million people

    3.30% english speaking population

  • Area of the Region

    52,2 thousand sq km

 

Economic performance

  • Gross Regional Product

    606,67 billion
    ₽ 260,41 thousand per person
  • Foreign Direct Investment

    $ 261,80 million
    $ 112,30 per person
  • Fixed investment

    243,26 million
    ₽ 104 401 per person
  • Unemployment rate

    4,50 %
  • Percentage of profitable companies

    74,60 %
  • Average cost of living

    7 026
  • Average monthly wage

    24 001
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

  •  

    Voronezh

    1014 K people

  •  

    Borisoglebsk

    64 K people

  •  

    Rossosh

    62 K people

 

Border countries

  • Ukraine
 
Sunny days Average annual rainfall
158 500 mm
Average January temperature Average July temperature
-10,5°С 21,8°С
Agricultural period Snow cover duration
9 months 2 months
Natural area
Forest-steppe
Steppe
 

Natural resources

  • Mineral resources

    Cobalt
    61,3 thousand tonnes
    Nickel
    393 thousand tonnes
    Copper
    54,6 thousand tonnes
    Granite
    566927 thousand м3
    Clay
    194676 thousand tonnes
  • Combustible resources

    Turf
    44 fields
  • Other resources

    Land resources The structure of land resources of the Voronezh Region is favorable for agriculture

    Recreational Resources The following are located in this region: 5 specially-protected areas at the federal level and 28 - at the regional level, 127 natural landmarks. There balneologic and hunting resources; archaeological sites from the Stone Age to the late Middle Ages, monuments of architecture of the XVII-XX centuries, important museums, theaters, and religious centers.

 
 

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