Investments in the Udmurt Republic are reliable investments in steady growing region!

The Udmurt Republic is one of the regions of the Russian Federation, which are developing fast. The Udmurt Republic has strong industrial traditions, developed transport infrastructure, advantageous geographical position; it is well-known for talented design engineers, scientists and engineers. Investments in the Udmurt Republic are effective investments in the region with a stable political situation, high scientific and creative potential, favorable conditions for attracting investments for the Russian and foreign companies.

Economic indicators of the Udmurt Republic

Attractiveness of the region and its high economic potential are confirmed by international rating agencies:

• Today the credit rating of the Udmurt Republic, assigned by Moody's agency, is Aa1;
• According to research, carried out by AK&M rating agency, the Udmurt Republic takes the 26th position in the list of subjects of the Russian Federation with the highest level of creditability.

Gross Regional Product is increased every year by 3%. Investments in the Udmurt Republic are increased by 12%. Output of industrial production, construction works and retail turnover has been increased twice over the last three years. As a result of successful development of economy, real incomes of population go up by 15%. This allows to speak of Udmurtia as the region with high consumer demand.

What is produced in Udmurtia?

The Udmurt Republic has passed a long historical way, and today we've got something to be proud of. Products manufactured in the Udmurt companies are well-known outside the Russian Federation. They include equipment for nuclear electric power stations, telecommunication systems for space, sporting guns, communication means and radio electronics, medical equipment, oil and gas equipment. Our Republic is famous for military-industrial complex companies, which produce a wide range of weapon - from Makarov gun and Kalashnikov assault rifles to air defense systems and "Topol" strategic missiles.

Who is investing in Udmurtia?

Investments in the Udmurt Republic are made by the leading world and Russian companies:
KIA Motors, Sinopec (China Petroleum and Chemical Corporation), Siemens, Fresenius, Rosneft, Mechel, Russneft, TVEL.

Unique natural and resource base, availability of competent engineers and manpower, advanced transport network with access to motor trunk roads, trunk railways, river and aviation ways, tax benefits allow to organize effective production in any field and make investments in the Udmurt Republic especially attractive.

State policy in the field of attracting investments

Due to active State investment policy held by the Government of the Udmurt Republic, we created favourable conditions for attracting investments and implementation of investment projects.

Regulatory framework for stimulation of investment and innovation activity is effective in Udmurtia. It is aimed at attracting investments. Target-oriented programs for support of higher-priority branches of industry are being fulfilled, such as machine-building and metalworking production, textile and light industry, lumber industry. There is support of investment and innovation activity and small business.

Tax benefits for investors

Attracting investments is one of the most important activities of our work. Potential investors are given the following forms of state support:

• Profit tax benefit in amount of 4%;
• Property tax benefit in amount of 2,2%;
• Subsidies for reimbursement of credit and leasing interest rate in amount of half of the present rate refinance rate of the Central Bank of Russia.

There are mechanisms for providing state credits and guarantees to companies for implementation of socially significant innovation and investment projects. Much attention is paid to development of state investment and innovation infrastructure. There were established such institutions as State Fund for Small Business Support, Innovation and Technological Center and Regional Nanotech Center.

Investment transactions support

• In Udmurtia there is the system of investment projects administration according to "one stop" principle.
• State authorities and local government support investment project in all government institutions up to setting up production and in the course of operation.
• We have information about available investment platforms in all cities and districts of Udmurtia and information about projects for development of all braches. If you want to invest in the Udmurt Republic in specific fields of activity, we are ready to provide information required for selection of investment object.