Italian investors may come to industry-based towns of Chelyabinsk Region

Chelyabinsk has hosted the second Russian-Italian Economic Forum during which Italian companies held presentations and negotiations involving South Ural entrepreneurs and representatives of Italian businesses

Italian investors may come to industry-based towns of Chelyabinsk Region

Chelyabinsk has hosted the second Russian-Italian Economic Forum during which Italian companies held presentations and negotiations involving South Ural entrepreneurs and representatives of Italian businesses.

The Forum was attended by an official delegation that comprised representatives of the Italian Embassy in Moscow, Italian-Russian Chamber of Commerce and a series of companies interested in cooperation with enterprises of the Chelyabinsk Region belonging to metallurgy, machine-building, healthcare and food production. The participants of the Forum were shown the investment potential featured by the Region, including opportunities offered by advanced social and economic development territories (AS&DTs). A production facility created jointly by Conar (pumps for oil mains) and Stankomash Industrial Park was mentioned among examples of successful and mutually beneficial Russian-Italian projects.

Relations with Italy are vitally important for Chelyabinsk and the Chelyabinsk Region. Several Italian "breakthroughs" that took place throughout the last 20 years can be mentioned. In the 90s, thanks to Sehnor Piccoli's personal involvement, the food industry cluster started to develop. And today, the Chelyabinsk Region is one of Russia's leaders in pasta production. In 2000s, the Chelyabinsk Metallurgic Plant together with an Italian company reconstructed its foundry and eventually proceeded to manufacturing 100 meters long railway tracks (at the moment, this production facility is the largest in the country).

The machine-building cluster has been seriously developed for the last five years. These are positive examples of real investments that became possible thanks to the favorable investment climate carefully tailored in the Chelyabinsk Region.