Annual Investment Forum of Finnish companies
Finnish-Russian Chamber of Commerce invites you to participate in the Annual Investment Forum of Finnish companies. The event is meant for those interested in cooperation with the Finnish investors in Russia. You will get some ideas from Finnish experts on investment opportunities in Russian regions and receive recommendations on investment cooperation with Finnish companies.
09:30 Registration and entrance to the Embassy of Finland
10:00 Forum opening, introduction of participants
10:20 Welcome speech of the Embassy of Finland
10:25 Review of current investment projects of Finnish companies
10:40 Presentations by Finnish investors
11:00 Coffee break
11:20 Presentations by Finnish investors
12:00 Presentations by Forum Partners
14:00 Closing remarks by Finnish-Russian Chamber of Commerce
Finnish companies have long-term plans in Russian market. Russia is still very attractive market for Finland. There are about 600 Finnish companies operating in Russia, that employ more than 50,000 people. Finland invested in Russia more than any other country considering the population rate or GDP. The volume of Finnish direct investments to Russia is estimated from 12 to 15 billion Euros. Almost three-quarters of this amount was directed to the creation of industries. Also, these funds were invested in the construction of trade centers, construction and purchase of real estate, distribution centers.
The volume of investments in Russia made by the 30 largest Finnish companies in 2018 amounted to 362 million euros. TOP-5 projects realized in 2018 and announced for the next five years are investments in new enterprises and the developing of existing ones. Finnish investors not only establish plants from zero, but also acquire Russian companies.
Price of participation is 35 000 roubles, for FRCC members 26 250 roubles.
There is an opportunity for partnership participation.
Language of the event is English (without translation).
+7 (903) 245 81 65
About our Forum partner YIT Saint Petersburg
YIT Saint Petersburg, JSC is a regional office of YIT, a Finnish construction concern. The company, which has been in business since 1988, has completed over 190 buildings for various purposes, from gas station chains to wastewater treatment facilities, large plants and factories. YIT Saint Petersburg, JSC today is one of the leading companies on the market of housing construction. Working on the housing market of Saint Petersburg since the early 2000s as a developer, YIT has put into operation some 1.1 million square meters of residential housing (more than 30 residential complexes). The company builds comfort, business and premium class residential buildings in different city districts. At all its construction sites the company acts as customer, general investor and builder, as well as general contractor of housing and commercial real estate.
Greenstate industrial park is a private industrial park of YIT Company. As of today, the industrial park has all the general infrastructure, and more than half of the territory has been occupied by industrial facilities of 19 residents.
A new project started in Kaluga Region in 2007. The investment contract with the Kaluga Region Government as well as the agreements with local electricity, gas and water suppliers were signed in 2008. The Kaluga Industrial Park is located two hours away from Moscow along a modern M-3 highway. The pilot plant construction project for the Finnish company Rani Plast was successfully carried out in Kaluga in 2010–2012. The customer invested around 20 mln euros; it was also partly financed by the European Bank for Reconstruction and Development (EBRD). The total floor area amounted to 5,400 m2, the height of the main building reached 27 m. The plant production was launched in spring 2012. The plant was opened in September 2012. In February 2014, the agreement on collaboration with the Kaluga Region Development Сorporation was negotiated. The Agency for Regional Development of Kaluga Region (GAU ARRKO) is the new partner for engaging residents to I-Park in 2019. A total of some 85 ha is now available for arranging new enterprises on the territory of the Kaluga I-Park (with the sanitary protection zone of up to 500 m).
Embassy of Finland in MoscowEmbassy of Finland in Moscow