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Southern Russia: New Area of Growth for the Russian Economy Southern Russia: New Area of Growth for the Russian Economy
Russia is one of the four rapidly growing BRIC economies. Some parts of the country are developing particularly quickly, including the Southern Federal District, which covers the area of 591 thousand km2 and has the population of 23 million people.
Recently, Southern Russia has enjoyed a surge of popularity thanks to the Sochi city had been selected as the host city for the 2014 Winter Olympic Games. At a more fundamental level, dynamic growth rates and other economic indicators reveal very positive trends and highlight the significance of the southern district’s role in the economy of Russia as a whole.
Southern Russia is the only region to have seen its population growing in recent years, resulting from both the higher birth/lower death rates and the migration. People are attracted to southern Russia because of its fantastic climate conditions, its ecologically clean environment and its expanding economy. This is the region where parents feel confident about their children's futures.
Regional banks are effectively managing regional risks and becoming reliable partners for investors
Center-Invest is the largest private bank headquartered in the Rostov region, an important economic centre in southern Russia. Here the bank's Chairman, Professor Vassily Vysokov, explains why the most interesting banking activity is taking place in Russia's regions
"South of Russia plus": the new strategy of Bank Center-Invest "South of Russia plus": the new strategy of Bank Center-Invest
Dr Vasily Voskov talks about the advantages of the Southern Federal District of Russia, and, based on the Bank's Center-Invest own experience, introduces the opportunities for potential investors
Foreign partners of Bank Center-Invest usually say after visiting Rostov-on-Don, Krasnodar or Sochi: “If Moscow is the centre, then the South is the pearl of Russia”. This seems to be accepted.
Russia needs a new industrialisation for all of the regions and all of the economic sectors. The South Russian region has many advantages, which are due to the natural recourses and climatic conditions.
Start up, Don! Start up!
This book presents the author’s latest research-based thinking about enterprise training and his proven business methods for preparing the next generation of entrepreneurs. It provides an overview of the key economic and social development challenges facing the Rostov region, equips the reader with a basic understanding of the workings of small business, and includes information about new loan programmes for entrepreneurs.
The post-crisis development of Southern Russia
Association of European Businesses has published the annual review of investment processes "INVESTIEREN IN RUSLAND 2011" for german region. For the first time regional aspects of investing are presented in special section devoted to the Southern Russia Vasily Vysokov, President and Chairman of the Board of Directors of Center-invest Bank presented the article "The post-crisis development of Southern Russia" Vysokov's article gives short, but very capacious analysis under the maintenance of investment potential of the South of Russia (Southern and North Caucasian federal districts).