Russia buisness development

11.10.2021

The exhibition "Masters of Russia 4.0" of the Russian-German Chamber of Commerce was opened in Kaliningrad

The exhibition "Masters of Russia 4.0" of the Russian-German Chamber of Commerce was opened in Kaliningrad
The exhibition "Masters of Russia 4.0" of the Russian-German Chamber of Commerce was opened in Kaliningrad.

A photo gallery demonstrating the participation of German business in the Russian economy is located on the pedestrian alley of Kant Island.

Kaliningrad became the second platform for a multimedia project organized by the Russian-German Chamber of Commerce. The project is timed to the cross-year "Economy and Sustainable Development", which takes place in 2020-2022 under the patronage of the Foreign Ministers of Germany and Russia, Heiko Maas and Sergey Lavrov.

The grand opening of the exhibition took place on Friday, the 8th of October.

«Germany is one of the leading partner countries of the Kaliningrad Region - the third place in the region's foreign trade turnover ranking. Many local companies are successfully going into a business with the participation of German capital and in partnership with colleagues from Germany. Among them are: one of the largest enterprises in the region – the AVTOTOR company, which produces BMW cars for the Russian market, the HIPP - baby food factory, the ESVA - company for the production of welding equipment, the new AMPERETEX - investment project for the production of innovative composite materials.

"Only in the first six months of this year, if we compare the inflow and outflow of capital, we invested a billion 300 million euros in Russia. This is a very good result. German business has a very strong foothold in the Russian market," said Mr. Schepp.
Photo by V.M. Alexeev