Kaluga Region has a well-developed industry. Its core is shaped by companies of hi-tech sectors.
Traditionally Kaluga Region companies manufacture turbine generators, gas turbine engines, railroad equipment, radio electronics, optical equipment, paper, furniture and other products. Companies producing machinery shape the core of the region’s industrial potential.
Kaluga Region and Moscow Region were recognized as leaders in a 2017 rating research conducted by Expert analytical center by assessment of 29 parameters classified into six groups, including management company services, location, resource costs, available benefits, resident support and host region characteristics. The purpose of the research was to evaluate the level of attractiveness and friendliness of relatively large industrial sites and to provide solid mid-level investors with basic guidelines for selection of locations for their production facilities.
Kaluga Region has established development institutions to provide support to regional investment projects.
The region applies integrated approach to its new economy development, based on cluster model. Today products which used to be imported to Russia, are manufactured in the region: vehicles, computers, TV sets, construction materials, medicines and cosmetic products, foodstuffs, pet food, etc.
According to the Statistics Agency of the Russian Federation, Kaluga Region holds the following positions in January-December 2019:
— The 1st place in the Central Federal District and the 1st place in the Russian Federation in terms of processing industry output per capita.
— The 1st place in the Central Federal District and the 9th place in Russia by industrial output per capita.
- 10 industry clusters
- RUR 889 bln — volume of products shipped in 2019.
- 115 new production facilities were commissioned in the region 2006 – 2019
- 7 new major plants were commissioned in Kaluga Region in 2019.