Smart Agriculture is a new initiative in Russia's Digital Economy national program. The market volume for the digital transformation of agriculture is approximately 360 billion rubles (EUR 5 billion).
The biggest potential for Finnish companies is in the segment of private education, both school and preschool. Private sector companies are very interested in having the best new practices in education and have resources for getting them.
The agroindustry has always been one of the most important sectors in Russia. By volume of investments directed to innovative projects, the agricultural sector ranks second. Russian Government updated the State Program for the Development of Agriculture, which provides significant financing of the industry.
The vocational education and training sector in Russia, especially in Tatarstan, offers significant opportunities for Finnish education provides. There is a strong interest in the Finnish offering.
Over the past decade Russian aquaculture has doubled its output from 105,000 tonnes in 2007 to 219,000 tonnes in 2017, much of the credit for which can be attributed to successful government policies supporting fish farming.
St. Petersburg is going to use its creative potential and to create a fashion cluster. The importance of the development of this sphere was announced at the St. Petersburg International Economic Forum in 2017, during which the signing of the documents marked the launch of the project named, ‘St. Petersburg-Center of the Fashion Industry.
The rapidly growing demand for organic, functional and ecological food in Russia provides interesting business opportunities for Finnish food and beverage companies.
Integrated strategy for MSW treatment in Russia creates opportunities for Finnish bioeconomy companies.The integrated strategy for treatment of MSW has to be implemented by 2030. According to the strategy the target level of recycling is 60%.
Russian market for senior care houses is growing a lot in Russia, around +20-30% per year, and expected to boom in the nearest future, driven by revolutionary investment initiatives of Sberbank.
Russian telemedicine market is open for new suppliers or service providers. It is expected that within the nearest 4-5 years market will become more structured and it will be more difficult to enter with new products or solutions.
The integrated strategy for treatment of MSW has to be implemented between 2013 and 2030. According to the strategy the target level of recycling is 60%. Russia has already adopted new legislation to reform waste sector.
Stable annual growth in Agriculture sector in Russia creates opportunities for Finnish companies supplying equipment, technologies and services for agriculture industry. Increase in agriculture production, demand in quality machinery and equipment has never been higher.
The city of St. Petersburg invites Finnish companies to offer solutions for the smart city. The St. Petersburg smart city project aims to enable the citizens to be more involved in the city’s decision-making processes. St. Petersburg City Administration has published a concept document "Smart City St. Petersburg".
Investments in commercial aquaculture in Russia create opportunities for Finnish businesses. Russia is developing its aquaculture sector not only to replace the lost fish imports caused by the food embargo in August 2014, but also to increase the share of the domestic fish production up to 315 000 tons by 2020.
The vocational education and training sector in Russia, especially in Tatarstan, offers significant opportunities for Finnish education provides. There is a strong interest in the Finnish offering.
St. Petersburg is going to use its creative potential fully and create a special Fashion cluster. The importance of its creation was announced at the St. Petersburg International Economic Forum in 2017, during which the the launch of the project called St. Petersburg-Center of the Fashion Industry happened.
This legislation now legalizes distance communication between doctors and between doctors and patients.
The working group on information infrastructure, operating under the state program Digital Economy, has agreed a plan to stimulate investment in the development of 5G networks in Russia.
The Russian food industry is currently characterized by government efforts seeking to improve the domestic production and replace the use of imported produce. As a result, the local manufacturing companies now need to upgrade their processing equipment with modern machinery.
Currently, over 100 forestry and woodworking projects are developed in Russia. These create an expected total investment volume of about $6 billion and the capacity to process over 80 million m³ of raw material. As a result, there is a demand for Finnish solutions.
