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Arthur Parfenchikov came up with proposals for cooperation with Business Finland company

The biggest interest of the Finnish side was on possible cooperation with the Corporation for Development of the Republic of Karelia.

Today, Karelian officials met with the representatives of Business Finland company, which includes TEKES public innovation funding agency. This company is the major state-owned organization in Finland responsible for the development of innovative creative and business activities with an annual budget of 600 million Euros. According to Business Finland's Director General Pekka Soini, the company provides financial and consulting services to more than 3,000 customers a year, and the company's representatives work in 40 countries around the world.

In his welcoming speech, the Head of Karelia Arthur Parfenchikov have spoken about the plans of the Karelian Government in the sphere of economic development.

"Our aim is to make Karelia one of the most investment attractive territories in Russia in the nearest future. We have already taken some relevant measures, including some legislative actions," he said.

Artur Parfenchikov has told about the project supported by Russia's Prime Minister, which implies creating a special economic zone in Karelia, providing comfortable conditions for foreign business entities. This territory is expected to be highly demanded by Finnish companies. Vyartsilya settlement in Sortavala district is considered one of the potential locations for creating such a zone.

The Head of Karelia Arthur Pafenchikov has proposed to conclude an agreement between the Corporation for Development of the Republic of Karelia and Business Finland company. He has asked Business Finland's Director General Pekka Soini to consider the possibility of using the Corporation as a platform for the presentation of Business Finland's operation and communication with federal agencies.

Arthur Parefenchikov's proposals were fully supported by Business Finland's Director General.

"Creating a free economic zone is a great idea. It is always good to do business with a neighboring country, since it gives you more opportunities. We are ready for a dialogue with the Corporation for Development of the Republic of Karelia," said Pekka Soini.

During the meeting, Karelian entrepreneurs had an opportunity to present their projects. For example, the representative of MB Barbell company in Finland Andrey Lebedev spoke about creating public outdoor sports areas with regulated access. The Head of Karelia has emphasized that last year Petrozavodsk became the first city in Russia to build a workout park for people with disabilities.

"It is the largest free park with street fitness equipment in Europe," added Andrei Lebedev.

Zagotprom production company's director Anatoly Rekunov has introduced his project on the construction of a facility for the production of wild plant standardized extracts and juices.

Both projects have attracted due interest from the Finnish side.

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Created: June 7, 2018. Last updated: June 7, 2018.
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