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Investments in fixed capital in the Nizhny Novgorod Region grow by 8.1% in the first quarter of 2025
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 investments compared to 2024 figures. Despite our conservative economic forecasts, businesses continue investing both in expanding existing operations and launching new projects. We expect this positive trend to continue," stressed Egor Polyakov.
Private investments were the main growth driver in the first quarter of 2025, rising by 13.1% compared to the same period in 2024.
"It is important that manufacturing contributed the most to investment volume. Over the three months, this sector saw a 26.4% increase in comparable prices compared to the same period last year. Metallurgy led the growth, accounting for 19.6% of total fixed capital investments with a 33.2% increase. Petroleum refining grew by 27% (3.2% share of total investments), and fabricated metal products by 8.4% (3.4% share)," said Andrey Sanosyan, Deputy Governor of the Nizhny Novgorod Region.
The Nizhny Novgorod Region has actively worked to improve its investment climate, climbing 68 positions in the National Investment Climate Rating by the Agency for Strategic Initiatives (ASI) over six years to rank second nationally.
Since 2025, efforts to boost investment activity have been part of the national project "Efficient and Competitive Economy", implemented under the directive of Russian President Vladimir Putin.