Investment Portal of the Arctic Zone of the Russian Federation

Murmansk Region maintains its leadership in the number of resident enterprises of the Arctic Zone

The 60th AZRF resident has officially been registered in the region, ready to invest around RUB 13 mn in its project.

29 July 2021

The 60th resident of the Arctic Zone has been registered in Murmansk Region. She is the individual entrepreneur Lyudmila Krimlyan, the Ministry for the Development of the Arctic and the Economy of Murmansk Region announced.

They also note that the region remains the leader in terms of the number of residents. 

The new resident's investment project involves the construction of two shops in Murmansk, which will sell fresh and factory-made fish products, as well as seafood delicacies. 

'The Arctic Zone regime offers unprecedented support for small and medium-sized enterprises, as the required minimum investment for a project is RUB 1 mn. The investments in Lyudmila Krimlyan's project will amount to about RUB 13 mn. Importantly, the entrepreneur will not only provide employment for herself but also create additional jobs', said Olga Kuznetsova, Deputy Governor of Murmansk Region.


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