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Krasnodar region to present an industrial potential to the German business in Berlin

February 18, 2020 / Announcements and results of actions

The delegation of Kuban headed by Governor Veniamin Kondratyev was integrated into the Russian business mission under the chairmanship of RF Minister of Industry & Trade Denis Manturov.

The official agenda was unveiled by the meeting of the Eastern Committee of German economy. The participants discussed, inter alia, the prospects for enhancement of collaboration between Krasnodar region and Germany. It is to be reminded that over the last three years the turnover between the region and the country made almost one billion dollars.

– We expect to determine a number of joint projects and to embark on their specific implementation. We aim to increase the export operations of Russia. We have all the potential at place, to this end, - emphasized Oliver Hermes, Chairman of the Eastern Committee of German economy.  

According to Veniamin Kondratyev, Germany remains a strategic partner of the region, stays among the top countries in terms of the scope of investments into the region. Over the last years German companies invested into the economy of Kuban more than 40 million Euros. 

– We have quite a lot of examples of successful business operations – those are CLAAS, Knauf and Schumacher companies. They are developing and localizing their productions. We do hope that with the facilitation of the Eastern Committee new German investors would emerge in the region, - noted the Governor.



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