+ 7 (499) 346-73-03
+ 7 (8422) 73-70-01
Best region
to invest in

Five investment projects were successfully implemented in the Ulyanovsk region in the first half of 2017


For the reporting period, investment agreements worth 8 billion rubles were signed with five large Russian and foreign companies, which will help to create 2850 new jobs.

“Over the last six months, the Ulyanovsk region has shown stable indicators of social and economic development. Rates of industrial production are also high and made up almost a third of the whole regional economy. Following the results of June, the index has increased as compared with May and averaged 110.1%. Even today we can say with certainty that we will be able to achieve the target by the end of the year and even to exceed it. The Ulyanovsk region takes the third place in the Volga Federal District on the amount of commissioned houses. We continue to position ourselves as one of the leaders in the district with the minimum level of registered unemployment. The Ulyanovsk region takes the second place on increase of income indicators among regions of the Volga Federal District. More than 23.5 billion rubles of own income has already been received by the consolidated regional budget. This is by 3 billion rubles more than in the comparative period of last year. All this will allow us to fulfill our social obligations”, - the Governor Sergey Morozov emphasized.

According to the Acting Minister of Economic Development and Competition of the Ulyanovsk region Rustem Davlyatshin, five investment projects worth about 750 million rubles were successfully implemented in the territory of the region in the first half of 2017. About 200 new jobs were created. Among these projects was commissioning of the first machining center made by the Czech company "TRIMILL", launch of the new production stage of the Isuzu investment project in the territory of the Industrial Park UAZ, as well as the start of the Pamir trial production line of high-precision steel and cast iron founding. The plant of the Japanese company «Bridgestone» launched its full-scale production.

The CEO of the Ulyanovsk Region Development Corporation Sergey Vasin noted that in the first half of the year two investors launched their projects worth over 6.4 billion rubles. “A Finnish company "Fortum" started works on construction of the Russia's first wind farm. Today 7 out of 14 wind turbines have been installed, it is planned to finish the project until the end of the year. A French company "Legrand" held the foundation stone laying ceremony for its second enterprise in the territory of the Ulyanovsk region. The amount of investments into the project will total about 1 billion rubles and it is planned to create 300 new jobs”, – the CEO reported.

Following the results of the first six months of 2017, the index of industrial production made 110.1%. According to the Director-General of ANCO "Ulyanovsk Region Center for Strategic Studies" Oleg Asmus, particularly dynamic growth has been seen in mining (107.9%) and processing industries (110.8%). Since the beginning of year, all components of the index of industrial production has been stable. Positive dynamics was recorded in such spheres as manufacturing of vehicles and equipment – 108.8%, textile products – 138.1%, drinks – 132.3%, and machines and equipment – 148.5%, as well as wood processing – 110.4% and metallurgical production – 109.9%.

According to the Ministry for Industry, Construction, Housing and Public Utilities, and Transport of the Ulyanovsk region, 2057 houses of approximately 322 thousand sq.m were commissioned in the territory of the region in the first half of 2016. Ulyanovsk, Baryshsky District and Novoulyanovsk showed the best growth rate of housing construction.

"Such results were achieved thanks to support of the Governor Sergey Morozov and his attention to the construction industry. Implementation of the planned indicators is our immediate priority. We are planning to complete this task through complex territory development projects and boosting demand for housing by implementation of federal and regional programmes aimed at improvement of housing conditions of citizens of the Ulyanovsk region", - noted Dmitry Polezhayev, the Head of the Ulyanovsk region branch of the Federal Foundation for Assisting the Development of Housing Construction.

The amount of agricultural production collected in January-June was worth 12.3 billion rubles. In 2017, the total cropped area for farms of all categories was more than one million hectares or 101.4% compared with 2016. The territory used for winter wheat, spring grains, and grain and leguminous crops has increased by 2.9-7.2%. As of 1 July 2017, the number of cattle in farms of all categories reached 128.2 thousand.

Over the first six months of 2017, the level of registered unemployment in the Ulyanovsk region stands at around 0.48%. So, 11697 workplaces were created in the region, which is by 4.7% more than set in the plan for January – June. One thousand three hundred twenty-five of them were established under investment projects.

Additional information:

Tatiana Fadeeva,
Ph.D., Head of Public Relations Department
Ulyanovsk Region Development Corporation, JSC
Phone: +7 (8422) 73 70 01, ext. 118