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The Krasnodar Region



Krasnodar region and Italy discuss the prospects of cooperation

The working meeting of the administration of Krasnodar region with the Consul general of the Italian republic in Southern federal district Pierrepaolo Lodigiani took place in Krasnodar.  

- The Head of Krasnodar region pays huge attention to development of political and economic relations of our region with Italy. Alexander Tkachev sets for his team a problem to create as much as possible favorable conditions for foreign investors, to support and develop initiatives of the Italian business in Krasnodar region, - the First Vice-Head of the region Dzhambulat Hatuov declared on the working meeting with the Consul general of the Italian republic in Southern federal district Pierrpaolo Lodigiani.

Today on the territory of the region there are 15 enterprises with the Italian capital. The largest Italian investment project in Russia - a gas pipeline "The Blue stream" - is realised in Krasnodar region. According to mister Lodidzhiani, Italian company "ENI" participated in this project today together with "Gazprom" studies the new mega-project "The Southern stream" with the total amount of four billion roubles.

However, there are investment offers not only for large corporations, but also for average business in Krasnodar region. This offers to be studied both on the bank of the Black sea, and on the Mediterranean coast. In April the part of the big Italian business delegation which to arrive to Russia headed by the Prime Minister of this country to visit Krasnodar and Sochi.

In September from Italy the region to receive the not less representative delegation on the International Investment Forum "Sochi-2009".

In his turn, the Italian Consul suggested to the delegation of the region headed by the Head of the region to organize a trip through the regions of Italy, a cycle of meetings with colleagues-heads of the regions and large business of these territories in June of this year. Dzhambulat Hatuov underlined, that this offer to be considered very attentively and, most likely, it to be accepted.

- We have a big interest to equipment for processing and agricultural products packing, and also to technological lines of medium and low powers in other branches, - Dzhambulat Hatuov noted. - In the nearest future we to make a detailed list of this equipment, and also the list of ready investment platforms prepared specially for the Italian investors in the region.

For the last three years the trade turnover of Krasnodar region with Italy has tripled. And the current economic situation is not a hindrance to investments of Italians into Russia.

- New duties on technics and products made it unprofitable them to be imported to Russia, - Pierrepaolo Lodigiani noted, - But the Italian companies do not wish to lose the Russian market and are ready to create the manufactures on the territory of Krasnodar region.

Department of Investments and Project Support of the Krasnodar Region