Following the results of the Russian Regional Investment Climate Index, the Smolensk Region has been included into Group II of the regions which succeed in developing

The Rapid Development Territory which is situated in Dorogobuzh is the first in Central Federal District

Competitive advantages for residents of the industrial parks:

0% land tax and property tax
0 rubles transport tax
16,5% profit tax
There is no rent for the land plot for a construction period

High energy supply

Significant technical and intellectual potential
Comfortable legislation and preferences for investors

Unique geopolitical position

Well-developed transport and communication systems
More than 10 logistics centers and terminals including the largest in Russia

Smolensk region is the territory of great opportunities!

Dear Colleagues and Partners,

We express our deep interest in promoting partnership and attracting investments into the economy of the Smolensk Region, considering these factors as the key growth drivers aimed to improve the well-being of Smolensk residents.

Our engagement is based on the principle of treating every investor as the most important one.

We serve to facilitate a constructive dialogue between the government, society and business, creating the most favourable environment for our potential business partners.

For the last three years the Smolensk Region has made a real breakthrough, having faced a fierce competition, and soared from being ranked 80th to reach the 31st position in the Russian Regional Investment Climate Index, thus moving into the group of regions considered to be successfully developing.

We would be delighted to warmly welcome you in the Smolensk Region to establish committed business relations and enjoy the atmosphere of true friendship.

Alexey Ostrovsky,
Governor of the Smolensk Region

Competitive information

102,2 %

index of industrial production in 2017

83 %

a part of private investments in 2017

30

30 big investment projects

300

investment sites

35

types of subsidies for business

5591

supported small and medium-sized enterprises in 2017

under 10 years

granting tax exemptions on investment projects

1

place in production of flax fiber
in the Central Federal District

60 million

people within a 500-km radius of Smolensk