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This was reported by Vladimir Popov, Deputy Governor of the Kaluga region, at the collegium of ministries of the region’s economic bloc.

As of 2021, the Kaluga Region remained number one of the regions of the Central Federal District by industrial production per capita. It is one of the three leaders of the Central Federal District by wages and the registered unemployment level. It ranks fourth by growth in the volume of paid public services. According to the Ministry of Industry and Trade of Russia, the Kaluga Region was ranked the 2nd among the regions of the country by the effectiveness of industrial policy.

“The last year’s growth of the region’s industrial production exceeded the average Russian level by 1% and amounted to 106.3%. By the end of the year, the regional industry reached the milestone of 1 trillion rubles. The volume of industrial production amounted to 1.114 trillion rubles,” Vladimir Popov explained.

The growth of indicators is seen in such industries as the production of petroleum products (204%), pharmaceutical production (125.5%), and the chemical industry (115.6%).

Coming up with attracting investments, Vladimir Popov emphasized that the total investment exceeded 120 billion rubles by the end of 2021. According to estimates, this is 110% compared to the 2020 level. 37 new agreements were signed with almost 4.5 thousand jobs created.

The Capital Investments Protection and Promotion Agreement first signed by the Kaluga region is the significant development of the year. It was signed in February 2021 by and between the Ministry of Economic Development of the Russian Federation, the regional ministry and the Kronospan Kaluga companies. Kronospan expects the working conditions to be unchanged and would invest 23 billion rubles in the construction of a new enterprise in the Kaluga SEZ.

In his closing statement, the Governor of the Kaluga Region Vladislav Shapsha said: “The safety margin of the Kaluga region’s economic sector is tremendous. Its financial strength is sufficient to fulfill its obligations. The main thing is that our team is able to work under all circumstances.”