Naturalresourcesandinformationonprocessing plants (automotive industry)
There are no export-oriented minerals in Kaluga Region.
Therefore, the region decided to rely on investments. Thus, Kaluga Region has developed a clear and effective investment policy that offers strong support from the government, provides for tax incentives, effective development institutes and industrial parks with well-developed infrastructure.
Investors receive a high-quality end-product to start with on clearly understandable conditions. This implies a fully-prepared land plot. Besides, there are no hidden or additional costs. The world's leading manufacturers admit that this tool allows them to benefit from faster project implementation in Kaluga Region. Today there are 9 parks in the region with total area of 5000 hectares and more than 70 residents, and since 2006 the amount of foreign investment exceeded 6 billion US dollars. Companies from all over the world are located there. Over half of industrial parks total area is occupied by their production plants.
The region has a mature automotive cluster where car manufacturers cooperate with organizations that produce automotive components and work together with institutions engaged in personnel training for the automotive industry, thereby providing the basis for a new economy.
Foreign manufacturing giants like Volkswagen, Volvo, PSA Peugeot Citroen and Mitsubishi set up their manufacturing facilities in Kaluga Region. Inspired by the anchor automobile manufacturers the following companies have entered the region: Continental tire plant, ZAO Magna Technoplast – bumper manufacturing and coating, ООО Yapp Rus Automobile Systems – Chinese manufacturer of plastic fuel tanks, OOO Benteler Automotive – German automotive suspension components manufacturer, OOO Visteon Rus – American manufacturer of car door panels, OOO Gestamp-Severstal – a company engaged in the development and manufacturing of metal components and structures in the automotive industry, etc. In total there are 22 suppliers of automotive components.
