The Strategic Session of the North-Western Federal District regions on sharing best practices in getting National Rating indicators of the investment climate in the Russian constituents was held in Veliky Novgorod.

Promtekhinvest LLC is implementing a value-added wood processing project. А sawmilling and woodworking plant including a log sectioning shop, woodworking, a briquettes production shop, a wood-wastes boiler house for heat generation within the company, and a logging unit was set up under the project.

Protocol of intentions to establish non-ore processing industrial hub based on Belgopsky deposit will be signed between Ukhta Construction Materials Plant and Thyssenkrupp Industrial Solutions Russia at the St. Petersburg International Economic Forum.

Its ore reserves amount to 65 mln tons with the development life exceeding 20 years. Deputy Minister of Natural Resources and Ecology of Russia Yevgeny Kiselyov, Head of the Republic of Komi Sergey Gaplikov and President of UJSCRUSAL Vladislav Solovyov took part in the solemn ceremony of extracting the first ton of bauxite in the new field.

Head of the Republic of Komi Sergey Gaplikov participated in the solemn ceremony of launching the new pellet shop. Today he is on a working trip to Priluzye District.

Head of the Republic of Komi Sergey Gaplikov visited the company implementing the most waste-free woodworking project. Today the products manufactured in Zelenets Village are exported to Germany, Italy, France, Scandinavian and Baltic counties.

On February 15, 2018 a memorandum on cooperation between the Government of the Republic of Komi and the Eurasian Development Bank was signed at the Russian Investment Forum in Sochi. Head of the Republic of Komi Sergey Gaplikov and Chairman of the Board of the Bank Andrei Belyaninov signed the document.

Larisa Maksimova, Senior Deputy Chairperson of the Government of the Republic of Komi has approved the Target Investment Program of the Republic of Komi for 2018 and for the planning period of 2019 and 2020.

On January 25, the Permanent Representation of the Republic of Komi in Moscow held talks with representatives of Iranian business community. The foreign delegation was headed by Farhad Parand, Trade Adviser of Iran in Moscow. The meeting was attended by Rinat Golda, Senior Deputy Permanent Representative of the Republic of Komi to the President of the Russian Federation, Leonid Shurygin, Chief of the International and Business Cooperation Unit, Igor Nekrasov, Adviser to the Secretariat of the Head of the Komi Republic and other staff of the Permanent Representation.

The Head of the Republic of Komi was on a working visit to the Kingdom of Bahrain. Headed by Sergey Gaplikov, a delegation from the region, consisting of representatives of government and business, held a number of meetings and negotiations on the implementation of investment projects in Komi with Arab partners.