Penza City
Key Competitive Attractions
Penza City is located 600 km to the South-East of Moscow. It has a population of 517,400 people and an area of 304.7 sq. km.
Manufacturing is at the core of Penza City’s economy; the city produces mainly automotive parts and metals.
Penza City has 21 research institutes and 9 higher education institutes.
In 2009, Penza City was rated by Forbes magazine as one of the best cities in Russia in which to set up a business.
In a survey conducted by the Moscow Institute of Regional Information, Penza City came 27th out of 83 locations in Russia for quality of life.
It has one of the lowest rates of financial risk in Russia (according to ‘Expert-RA’ agency).
Assistance and Support For New Business Investors
Penza City offers a wide range of support for investment projects. These include financial support, administration support, and advice on all aspects of setting up a business in Penza City.
Penza City has a special service enabling businesses to build or obtain property within a very short period of time.
