Economy and Industry

The region's economic profile is based on industry, service sectors, logistics and connectivity with neighbouring markets.

The Vladimir Region is one of the most dynamically developing regions of the Central Federal District, with a diversified economy combining industrial production, the agricultural sector and the services sector. Industry is the leading sector of the economy, generating the bulk of the gross regional product.

The industrial structure is dominated by manufacturing industries (about 90%). Among them, the largest shares are held by:

Food industry. Includes dairy plants, confectionery enterprises, meat processing plants and other processing facilities.

Mechanical engineering and metalworking. Produce electrical equipment, agricultural, road-building and military machinery.

Chemical industry. Includes the production of polymer materials, chemical fibres, plastics and synthetic rubber.

Glass industry. The region accounts for a significant share of Russian output of tableware, window glass and glass containers.

Production of construction materials (bricks, reinforced concrete products, etc.).

Light industry (production of technical fabrics, workwear) and the pharmaceutical sector are also developed.

1. Rusklimat Holding – manufactures climate control equipment
2. Ruselprom Group of Companies (Vladimir Electric Motor Plant) – produces electric motors, electrical products and pumps
3. Joint-Stock Company "Electrocable" Kolchuginsky Plant – produces wires and cables for electronic and electrical equipment
4. Kolokshansky Assembly Plant – manufactures industrial equipment and road machinery
5. Production Association MUROMMASHZAVOD – produces transmission units for modern wheeled and tracked vehicles
6. Interregional Scientific-Production Enterprise "Initsiativa" – develops, manufactures and installs equipment for storage and processing of meat, fish, poultry and seafood.

represented by dairy plants ("Sudogodsky Dairy Plant", "Muromskoye Podvorye", "Suzdalsky Dairy Plant", TM "Okolitsa", "Molochnoye Siyaniye") and meat processing plants ("Yugo-Zapad" (semi-finished products), meat processing plant "Vladimirsky Standart" (sausages, frankfurters, dumplings), "Gorokhovetsky Meat Processing Plant" (delicacies and sausages), "Yuryevetskaya Poultry Farm" (semi-finished products and poultry sausages)).

A special place is occupied by the confectionery production of the Ferrero company, which produces products known throughout Russia.

Public Joint-Stock Company "Vladimirsky Chemical Plant", Limited Liability Company "Uteks Ru", Limited Liability Company "Valf-Rus".

The company "Generium" produces innovative biotechnological preparations, while "Veropharm" is among the leaders of the Russian pharmaceutical market.

The region's pride is the glass industry, whose roots go back to the 18th century. Gus-Khrustalny remains the capital of Russian glass, and the enterprise "Rosatom Steklovolokno" produces high-tech products for various industries. A number of other industry enterprises also operate in the region, such as Limited Liability Company "Opytny Stekolny Zavod".

Light industry: holding company "Vladimirsky Tekstil" (unites the Vyaznikovsky Flax Mill and the Melenkovsky Flax Mill).

The defence-industrial complex is a significant segment of the regional economy. Defence industry enterprises are engaged in research and development and produce a wide range of weapons and military equipment.

The industrial map of the region is complemented by the furniture production of the company "Askona" – the leading Russian manufacturer of mattresses and sleep products, whose products enjoy well-deserved consumer trust.

Investment Potential and Infrastructure

1. Advantageous geographical location. The region is situated between Moscow and a number of major cities of the Volga region and has a developed transport system.
2. Resource base. The region has forests, peat and non-metallic minerals.
3. Scientific and technical potential. About 40 organisations are engaged in research and development in the region.
4. Special Economic Zone "Dobrograd-1". Significant tax benefits are provided for residents. The SEZ territory is planned to host production facilities for medical goods, consumer goods, furniture, construction materials, textile and paper products and packaging, as well as chemical products.
5. The region is implementing the state programme "Development of Industry in the Vladimir Region, Enhancement of its Competitiveness and Ensuring Import Substitution", which is aimed at supporting enterprises engaged in industrial production.

Thus, the economy and industry of the Vladimir Region combine traditional sectors with high-tech industries, and are also actively developing thanks to investment projects and state support.