Ural Business Consulting recently reported that approximately $7 million was invested in the fixed assets of businesses in the Sverdlovsk region during 2014.
The area’s Information Policies Department said that makes up 22.7 percent of the GDP for the Sverdlovsk region.
Nearly $3 million in investments were made between January and September. This exceeds the figures from January to September 2013 by 14.2 percent.
There have been 115,000 new jobs recently added to the area. This growth exceeds President Vladimir Putin’s target figures by 29.5 percent.
Alexei Orlov, the vice premier and minister for Investment and Development of the Sverdlovsk region, recently met with Governor Eugene Kuyvashev to discuss the changes in the area.
"In the economically challenging year 2015, we must make thought-through and well-grounded decisions, and direct our investment efforts -- including those involving budget funds -- cleverly so as to point to investors whether one should or shouldn’t invest in fixed assets based in Sverdlovsk region,” Orlov said. “We believe investments should definitely be made: they will keep bringing a return for decades.”