The Nizhny Novgorod Region took the second position in the Russian Ministry of Industry and Trade’s rating of industrial policy implementation efficiency among Russian regions for 2024. The winners were awarded by Anton Alikhanov, Minister of Industry and Trade of the Russian Federation, during the International Industrial Exhibition “Innoprom-2025” in Yekaterinburg. The rating evaluates six key parameters: economic development, interaction with the industrial complex, regional state support measures, industrial infrastructure development, human resources potential, promotion of industry, and industrial products promotion. The final assessment is derived fr om the total score accumulated across all categories. “Industrial development is undoubtedly a priority for the Nizhny Novgorod Region. One of the most important tasks under current circumstances is to involve and assist enterprises in participating in various support programs and attracting federal funds. Clos...

IronTech LLC launched a full-cycle metalworking production facility in the “Volodarsk” territory of advanced economic development in the Nizhny Novgorod Region. The project implementation involved an investment of 170 million rubles, with plans to create over 40 jobs. “Another modern production complex has been launched in the “Volodarsk” territory of advanced economic development. The plant performs mechanical metal processing and has organized sections for laser cutting, bending, welding, powder coating, and assembly. In total, over 4 billion rubles have been attracted for project implementation in this area – this is twice as much as we planned. More than 450 jobs have been created,” emphasized Denis Ismagilov, Minister of Economic Development and Investments of the Nizhny Novgorod Region. One of the main customers of the enterprise is EcoPoint, for which hardware-software complexes for automated collection of secondary resources from citizens for remu...

The production of deep wood processing for the creation of house kits and small architectural forms by Forami LLC was launched in the “Volodarsk” territory of advanced economic development. The materials produced can be used for constructing both residential buildings and agricultural, industrial facilities, and hospitality industry objects. The enterprise plans to produce up to 250 house kits annually. The production includes sorting and drying of lumber sections, gluing blanks into beams, manufacturing wooden construction parts, and packaging components. The investment volume for the project amounts to approximately 350 million rubles, with plans to create 45 jobs once the design capacity is reached. “The Nizhny Novgorod Ministry of Economic Development supported the project implementation in 2024 and compensated the company’s infrastructure development costs in the amount of 37 million rubles. This support measure is provided under the mechanism sti...

The Nizhny Novgorod Region confirmed its high level of compliance with the Regional Investment Standard. The Ministry of Economic Development of the Russian Federation announced the quality confirmation results. The Nizhny Novgorod Region joined the pilot project for implementing the Regional Investment Standard in 2021. Its objective is to create a unified set of basic tools for attracting business and eliminating typical barriers for entrepreneurs. The Nizhny Novgorod Region has implemented all elements of the standard: an investment declaration, a set of investment rules, a development agency (Development Corporation), an investment committee (Council for Development Strategy and Investments), and an investment map. “Last year, we were among the first to begin implementing new elements of the regional investment standard. These include investment proposals fr om the development agency, “Lean Technologies”, which continue the “Investment Flow” project l...

Igor Ishchenko, Director General of the Nizhny Novgorod Region Development Corporation, and Mikhail Skurat, head of the “Vitebsk” free economic zone (FEZ) administration, signed a cooperation agreement. The document was signed during the 12th Forum of Russian and Belarusian Regions held in Nizhny Novgorod on June 26-27. This agreement marks the Development Corporation's first partnership with foreign special economic zones. The agreement establishes a framework for promoting joint investment projects in both the Republic of Belarus and the Nizhny Novgorod Region. “Belarus remains one of Nizhny Novgorod Region's key economic partners, with numerous collaborative projects already underway in our region. Today's agreement will formalize these relations while expanding our cooperative potential in investment attraction,” stated Igor Ishchenko. The Development Corporation and “Vitebsk” FEZ will also coordinate joint events to familiarize po...

The “Kulibin” special economic zone (SEZ) located in Dzerzhinsk, Nizhny Novgorod Region, has been ranked 3rd in the rating of client-oriented industrial parks and special economic zones compiled by the “Expert” analytical center. The rating website presents information about the top fifty industrial sites across the country. When compiling the rating, three key parameters were taken into consideration: service offerings including land plot acquisition and leasing, sale and rental of ready-to-use premises, facilities for light manufacturing operations, personnel recruitment services, logistics and warehousing solutions, as well as customs services; resource costs; and information transparency. Following expert evaluation, the “Kulibin” SEZ received an aggregate score of 92.4 out of 100 possible points. The “Expert” analytical center also compiled rankings of site management companies based on their economic contributions at both national and regional levels. The ...

The Nizhny Novgorod Region has once again taken second place in the National Investment Climate Rating, compiled by the Agency for Strategic Initiatives (ASI). The results of the 2024 rating were announced during the session “Business Climate in Russia: National Model and Regional Opportunities” at the St. Petersburg International Economic Forum (SPIEF) on June 20. “The structure of the National Investment Climate Rating includes eight areas, which form an integrated assessment. In 2025, the rating methodology was upd ated under the president's instructions, taking into account new objectives, national goals, best international and regional practices – which is very important – and proposals fr om the business community. This year, over 400,000 entrepreneurs participated in assessing the investment climate. 84 regions were ranked across 46 positions. 57 regions improved their integrated investment index. The average index across the country increased by 1.13 compared to la...

LLC “Monamin”, a resident of the special economic zone (SEZ) “Kulibin” located in Dzerzhinsk, has launched the production of dimethyl ethanolamine (DMEA) with a mass fraction of the main substance at 99.9%. The company has become the sole Russian manufacturer of this product. The product is used in the production of linoleum, thermal insulation materials, water treatment substances, as well as in the paint and varnish, pharmaceutical, and textile industries. The launch of production aligns with the objectives of the national project “New Materials and Chemistry”, which aims to develop the chemical industry and create innovative materials for key economic sectors. The managing company of “Kulibin” SEZ is the Nizhny Novgorod Region Development Corporation. “Chemistry is one of the key focus areas of our special economic zone, with more than half of its residents operating in this sector. I should note that “Monamin” was among the first companies to...

Over the past four years, more than 50 investors have selected land plots for their projects using the investment map of Nizhny Novgorod Region. The map's operation is overseen by the region's Development Corporation. Most frequently, entrepreneurs use the digital service to select "greenfield" sites (without existing infrastructure). These plots are intended for projects in agriculture, manufacturing, logistics, and tourism. For example, the following companies have selected land plots using the investment map: LLC "Alliance-NN" (distribution center), LLC "RusMashService" (agricultural machinery dealership), LLC "Egg-Land" (egg production and processing complex) and LLC "A-ServisStal" (profiled sheet manufacturing). "The investment map allows entrepreneurs to select a suitable land plot that meets their future enterprise's needs at the conceptual stage. They can also review surrounding infrastructure and contact our territorial managers assigned to the district w...

The volume of investments in fixed capital in the Nizhny Novgorod Region increased by 8.1% in the first quarter of 2025. "Despite ongoing sanctions and tight monetary policy, Nizhny Novgorod Region continues to attract investors and new projects. Manufacturing is growing, as are high-tech sectors. With 112 billion rubles in investments in nominal terms, the region ranks second in the Volga Federal District. Nizhny Novgorod businesses remain active, ambitious, and resilient to challenges. Let me remind you that over the past three years of sanctions, 1.86 trillion rubles have been invested in the region's economy," emphasized Gleb Nikitin, Governor of Nizhny Novgorod Region. Egor Polyakov, Deputy Governor of the region, noted the recovery in the share of investments in the active part of fixed assets – those directly involved in production and influencing output volume: equipment, machinery, and vehicles. "Investors are gradually increasing their investmen...