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Key Competitive Attractions

The Kaluga Region is located in Russia’s Central Federal District, 50 km to the South-East of Moscow.

Top reasons to invest in Kaluga Region:

• Optimal location, close to Moscow
• Low labour costs
• Strong automotive industry
• Many new and developing industrial parks
• Favourable tax legislation
• In 2009, Kaluga Region received a long-term BB rating by Fitch Ratings
• Public financial support for investment activities
• Kaluga Region received the “Investment Angel 2010” prize, awarded by the council of experts of the World Organization of Creditors (WOC), for four nominations: “The most investment-appealing region of Russia”, “Support and protection of investments” (Ai KR «Regional Development Agency of Kaluga Region») and “Best foreign investor in Russia” (Volkswagen Group Rus and NovoNordisk).

Assistance and Support For New Business Investors

The Kaluga Region Development Corporation helps investors in the following ways:

• Examining investment proposals
• Providing information on local regulations, laws and taxes
• Developing industrial parks
• Providing loans and other financial support to investors
• Hosting conferences about economic development in Kaluga Region