About corporation
JSC “Corporation for the Development of the Kaluga Region” (formerly JSC “Corporation for the Development of the Kaluga Region”) was established on the basis of the order of the Ministry of Economic Development of the Kaluga Region No. 1292-p dated November 28, 2007 “On the conditions of privatization”. The authorized capital of the established organization was 350,469,140 rubles. Upon establishment, all shares belonged to a single founder: the Kaluga Region represented by the Ministry of Economic Development of the Kaluga Region.
The Decree of the Government of the Kaluga Region No. 70 dated February 27, 2008 approved the concept of activities of JSC “Corporation for the Development of the Kaluga Region”, which defines the goals, objectives and main directions of the Corporation’s activities.
Goals of the Corporation:
— development of the infrastructure of industrial parks and technology parks in the Kaluga region;
— organization of financing of infrastructure projects.
Corporation tasks:
— act as a single state operator for the development of industrial parks in the region;
— carry out pre-project study of investment proposals;
— provide information support to state authorities and local self-government of the region on the issues of locating production facilities in the territories of industrial parks;
— participate in the fulfillment of the obligations of the Government of the Kaluga Region to investors in accordance with the concluded investment agreements;
— create a market mechanism for financing the development of industrial parks, minimizing the direct participation of the regional budget;
— act as an applicant when interacting with federal “development institutions”.
Main activities:
— analysis and assistance in solving socio-economic problems of the development of the Kaluga region;
— carrying out activities to increase the investment attractiveness of the region;
— participation in the development and implementation of the strategy for the industrial development of the region;
— management of financial and industrial groups and holding companies;
— management of attracted capital and investments;
— granting loans and advances to managed and third party entities;
— production and innovation activities.
By order of the Ministry of Economic Development of the Kaluga Region No. 321-p dated March 28, 2008, Kaluga Region Development Corporation JSC was given the status of an authorized organization in the field of creating and developing the infrastructure of industrial parks and technology parks in the Kaluga Region.