Innovation Policy Department

Methods statucheta at the moment can not fully track the amount of foreign investment because of certain difficulties. " But in general, according to statistics, the interest of foreigners in our economy increases every year. Consider projects that are realized in the region with the participation of foreign companies "In the area there are a number of projects implemented with participation of foreign capital, – says head of Investment and Innovation Policy Department of Economic Development under the Government Sergei Kirov region Tolstobrov. – This Italian Candy, Swedish ikea. Also note that the jsc Tyre Complex Amtel-Volga region "belongs to the Dutch company Atmel-Fredershtayn. Negotiations are underway with investors from Italy and Slovakia on investment in the cultivation and processing of industrial crops in the Kirov region. If there is a project of building a pulp and paper mill, there will also be foreign investor ". Adventures of an Italian Candy Kirov In May 2005, the Italian firm Candy acquired hundred per cent stake in Vesta (Kirov manufacturer of washing machines), thus saved the company from bankruptcy. And in June 2006 Candy, the production opened here washing machine. The modernization and development of production was announced 15 million euros, with annual investment of 1 million euros. During the first six months of work at the plant was produced about 130 thousand cars. As for the Italian investor, it is interesting to note that during the last three years the group has carried out Candy's three biggest deal (a year of transaction).