During the past year, the Saratov Region Development Corporation concluded 14 agreements for the delivery of support to investment projects

08.02.2021

Currently the Development Institute supported by the Ministry of Economic Development of the region is supporting 20 investment projects amounting to 131 billion 113 million rubles of investments.
In 2019, 14 investment projects were added to the investment portfolio of the Corporation with the estimated amount of investments of 26 billion 793 million rubles.
During 2019, the Corporation received 240 requests from initiators of investment projects containing various inquiries: selection of investment sites, advisory assistance with regard to preparation of the documents require to conclude lease agreements, investment agreements, preparation of a roadmap, issuing permits for facilities construction, etc.
In this way, the investment project of Geles-Neftepererabotka OOO related to construction of an innovative production complex for gas condensate processing is being implemented with the support of the Corporation. As of today, 95% of foundations, 40% of interior roads and passage ways have been built, two buildings have been assembled and about 80% of equipment have been delivered to the site.
The Corporation still continues its cooperation with the Wind Power Development Fund (joint investment fund established by Fortum PAO and ROSNANO Group on a parity basis) on the potential project for construction of wind mill farms in Saratov region. Currently, selection and registration of perspective land plots for construction of the first wind mill farm in the region are being carried out.
Apart from that, the Development Corporation in cooperation with Gorod OOO are implementing a unique social recreation and health improvement project called Saratov Thermal Springs. The Support Institute has provided effective assistance to the project initiator as concerns fund raising. The amount of investments is 223 million rubles. The commencement of construction of the complex is schedule for the beginning of the 2nd quarter of 2020.
Projects related to agricultural, industrial and social spheres are now at the design specifications and estimates development stage. Some projects are at the stage of selection and registration of land plots.
In order to attract investments and ensure accelerated developed of the economy, the Development Corporation is constantly cooperating with municipal districts of Saratov region, analyzing their growth points. This allowed the specialists of the Corporation generating a number of business cases, taking into account the advantages of the region, to be offered to investors.
Today the Saratov Region Development Corporation provides target support to investors which includes an efficient land plots selection approach, a distinct system of investment projects support at each stage of their implementation including integrated interaction with specific executive authorities.
This year new prosperous projects have already been added to the investment portfolio of the Corporation. Negotiations are being held with regard to implementation of investment projects with initiators Wildberries OOO (Construction of a sorting facility), GK Osnova (Construction of TERMOLAND recreation complex) and Zolotoi Dublon OOO (Construction of a large-scale agroindustrial wholesale and retail market).

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26.06.2021

A working meeting with representatives of the large international company LOTTE (South Korea) was held at the site of the Development Corporation

A working meeting dedicated to the agriculture development and support of regional exports was held at the Development Corporation site. The meeting was attended by representatives of LOTTE International Mikhailovka LLC, Deputy General Director Park Beom Ju, Commercial Director Choi Junu, Foreign Economic Activity Manager Sergey Kim and Director of the Development Corporation Alexander Marchenko.

Saratov region has an agricultural potential and occupies a leading position in the production of sunflower, grain and leguminous crops, etc. Thus, the representatives of LOTTE International Mikhailovka LLC are interested in developing trade and economic relations with Saratov region in terms of supplies of certain types of crops and fat and oil products.

During the visit, South Korean delegation visited a number of the most promising peasant farms and agricultural organizations for the purpose of introduction.

Today, the Corporation's specialists, together with the regional Ministry of Agriculture, are compiling a list of agricultural producers and suppliers to expand trade cooperation with the Republic of Korea. In the autumn of this year, working visits to Saratov region are planned to search for export partners.

22.06.2021

The Development Corporation hosted a round table "Banking products for business: new opportunities"

At the round table topical issues of fundraising were discussed by Deputy Minister - Head of the Department of Foreign Economic and Investment Activity Elizaveta Nechaevskaya, Director of the Development Corporation Alexander Marchenko, Deputy Manager of the Saratov Branch of Sberbank Alexey Roshchin, Manager of the Operations Office of RUSSIA JSB Mikhail Grishin, Development Director of Saratov Bank LLC Andrey Balaev, Product Owner of the Small and Medium-sized Businesses Lending Development Department of Agroros Bank JSC Natalia Anfilatova, as well as representatives of the business community.

Bank representatives told businessmen about the most profitable and popular financial products, business credit cards and conditions for issuing circulating and investment loans. In addition, the possibility of providing personal conditions for the presented banking products on the basis of financial partnership was noted.

Roundtable participants from the business community shared their experience in obtaining banking services. During the discussion, representatives of banks proposed specific steps to eliminate problematic issues; entrepreneurs received individual advice.

22.06.2021

The Development Corporation continued a round tables series with participation of Office representatives of Federal Tax Service of Russia

On June 22, at the site of the Development Corporation, a second round table was held with the Saratov Region Office of the Federal Tax Service of Russia and the regional Ministry of Economic Development.

Within the framework of the round table, issues related to tax incentives and preferences for investors were discussed. In particular, a specialist of the Tax Service spoke to the participants about the procedure for monitoring the indicators of investment projects, the specifics of providing a reduced profit tax rate within the framework of a regional investment project, about a reduced property tax rate, etc.

As a result of the meeting, the project initiators received practical recommendations on the preparation of documentation from specialists of the Tax Service and the Ministry of Economic Development.

26.05.2021

Sberbank and Development Corporation signed an agreement on cooperation in Saratov region

Today, within the framework of the Second Motivational Forum for Entrepreneurs "Delay Na Sto!/Do It Comletely!» («Делай на сто!»), Alexander Marchenko, Director of Development Corporation of Saratov Region and Ruslan Lvov, Head Manager of Saratov Branch of Sberbank, signed a bilateral agreement on cooperation.

The agreement is aimed at the development of joint information activities to promote mechanisms, programs and products for investment activity progress in Saratov region. The Saratov branch of Sberbank will consider proposals for lending on mutually beneficial terms and send to the Corporation a list of regional investment projects that require support in order to reduce their implementation time.

In turn, the Corporation is ready to consider the issue of assistance in the implementation of investment projects that have received financial support from the bank.

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During the visit, South Korean delegation visited a number of the most promising peasant farms and agricultural organizations for the purpose of introduction.

As a result of the meeting, the project initiators received practical recommendations on the preparation of documentation from specialists of the Tax Service and the Ministry of Economic Development.

In turn, the Corporation is ready to consider the issue of assistance in the implementation of investment projects that have received financial support from the bank.

The Development Corporation provided assistance in attracting financing within the framework of an agreement concluded with Agroros Bank (АО «Банк «Агророс»). The initiator of the project received a credit line at a preferential rate of 21 million rubles. The total investment in the project is 30 million rubles.

In the Dubki village (Saratov region) will build a modern apartment building. The implementation of the investment project for the construction of the housing stock will expand the residential complex of the district and get the opportunity to purchase an apartment at affordable prices.

Duration of construction before putting the house into operation is about 24 months.

During the month Development Corporation of the Saratov Region regularly held online meetings with the participation of the Ministry of Economic Development of the region, the Ministry of Territorial Entities of the region and the Association "Council of Municipalities of the Saratov Region".

Meetings were held with representatives of the administrations of 41 municipal districts, during which the tasks and problems in attracting investment were discussed. The main task of municipalities is based on the assessment of the available economic resources of the district and its competitive advantages, to define potential points of growth, to determine priority areas of development.

During the meetings, recommendations were given for each municipality on the preparation of technical tasks for attracting investment, free investment sites, as well as presented business ideas.

As a result, perspective areas of development and territories will be worked out, as well as new proposals and business ideas will be prepared for the implementation of projects and increasing investment activity in the districts of the region. In addition, the corporation’s specialists are planning working trips to the districts to discuss problematic issues.

Director of JSC "Saratov Region Development Corporation" Alexander Marchenko and Director of the Saratov branch of JSC "Rosselkhozbank" Alexey Shmelev signed an additional cooperation agreement aimed at expanding the mechanisms of interaction between their parties. In particular, informing the clients of JSC "Rosselkhozbank" about the corporation's services.

The Regional Institute for Investment Project Support is actively establishing partnerships with banks for the corporation to operate as a multifunctional "one window". Recall that one of the services provided by the corporation as part of the support of the investment project is to attract funding. Thanks to the presence of reliable partners of the corporation in the banking sector, investors will be able to receive direct highly professional support.

Events of this format allow us to work out the urgent problems and issues, to build a systematic interaction with investors, thanks to which maximum efficiency will be achieved in the implementation of investment projects of any scale in the region.

Investors get the opportunity to participate both in person and online.

The event was held in the "question-answer" format, where the initiators could personally ask their questions regarding tax regulation and regional legislation to representatives of the Federal Tax Service of Russia for the Saratov region and the Ministry of Economic Development of the region.

During the negotiations, each initiator received comprehensive answers to the formulated questions.

In addition, the Development Corporation, in cooperation with the Federal Tax Service of Russia for the Saratov Region and the Ministry of Economic Development of the region, will continue to work in this way for more information regarding the regulation of investment activities on new regulations and individual investor issues.

The investment project provides for the placement of a workshop for the production of motor vehicles in order to increase the current production volume. LLC Metallstroy64 is a regional company maked production of grain truck bodies, dump trucks for the transportation of grain and mixed feed. The investor plans to create 70 jobs.

The company has been improving and actively developing in the industrial industry for 10 years. The initiators have their own advanced equipment that allows them to carry out high-quality production in the shortest possible time, experience in implementing such projects and professional personnel to launch the first stage of production. The investment project is focused on the domestic market of the Saratov region to meet the demand for spare parts for agricultural and truck equipment. For the implementation of the investment project, a location has been identified on the territory of Engels. The Development Corporation assisted in solving the issue of registration of location for the implementation of the investment project, and also set up a sequence of project implementation stages in order to reduce the project completion time and eliminate duplicate actions.

The project of StroyAvtodor LLC provides for the construction of a silo-type elevator complex with a one-time storage capacity of 16,000 tons of grain and oilseeds. The complex will provide storage, transportation and processing of agricultural crops.

In 2020, the initiators put into operation a point of acceptance and loading of agricultural products, as well as a laboratory for research.

The first stage of construction is currently completed. The second stage of the project will be the construction of a grain cleaning complex with a capacity of 200 tons / hour with an aspiration system that ensures compliance with sanitary requirements for air composition. The completion of the investment project is scheduled for 2022.

The implementation of the investment project will increase the level of employment in a far away area of the Saratov region. The Development Corporation is working on the application of tax incentives and preferences in relation to this project.