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Center of attraction for science and business. Economic achievements of St. Petersburg in 2016


From the economic standpoint, St. Petersburg moves towards fulfilling its set goals. According to governor Georgiy Poltavchenko, the Northern Capital had a much steadier year than many other regions of Russia.


Several events important for economy took place in the city – helping to conclude important deals. The successes of St. Petersburg can only be explained by the correct course. Evgeniy Sobolev knows which course that is

The St. Petersburg International Economic Forum, which has been dubbed as the “Russian Davos”, is a landmark event not only for the Northern Capital, but for the whole of Russia. This year it gathered a record number of participants in its entire 20 year history – more than 10,000 Russian and foreign representatives of business circles. For the first time in 20 years, the forum changed its residency – moving from LenExpo to a brand-new complex ExpoForum. There are more than hundred thousand square meters worth of pavilions here. The one dedicated to St. Petersburg has two dozen models of how the future Northern Capital will look like. Including the development of "Bronka" port, the Pulkovo trade zone, light railway at Krasnogvardeyskiy district, the project of naval archaeology museum in Kronschtadt and an entire art district at Bolshaya Okhta.

Speaking of accents, it's safe to say that in 2016 business conversations have in many ways been connected to sanctions. As paradoxical as it may seem, foreign limitations have given a healthy chance to almost all spheres of Russian economy – to make those grow. St. Petersburg has been particularly successful in pharmaceutical and bio medical industry. It is one of the directions of long-term strategy of Russia's development. Specialists are now calling St. Petersburg nothing else but the pharmaceutical capital. In designated economic areas, 75% of residents are involved in this industry. The leading transnational corporations are moving their production to us.

Dmitriy Chagin, chairman of board at Association of Pharmaceutical Producers of the Eurasian Economic Union: “More than 50% of Russia's entire pharmaceutical potential is located in St. Petersburg. That's because more than 15% of scientific potential in general is now located here. In essence, the reformatting is now taking place, domestic pharmaceutical industry is gathering serious pace. Six new factories have been opened in this sector here over the last three years, many new laboratories dealing with biological and chemical synthesis. And that dynamic economic growth which we are observing now in pharmaceutical industry allows us to say about the unthinkable breakthrough which is absolutely evident to us now.

Experts are expecting a breakthrough in the sphere of innovation too. And the latest developments in hi-tech which have been displayed in St. Petersburg this fall suggest that this breakthrough is just around the corner. St. Petersburg, as the leader of the domestic market in innovations, has again reaffirmed its status in 2016. Companies have come to the forum not to just discuss, but also to display their novelties. Those from 14 countries, including the highly developed Japan.

Maksim Meiksin, chairman of committee on industrial politics and innovations at St. Petersburg government: “At the previous Forum, for instance, we only talked about using laser technology on metal in 3-D, so we could print metallic things on a 3-D printer. This time, polytechnic University already shows off a ready-made solution and complete technology. These technologies have been in development actively”

Another landmark of 2016. In October, one of the leading ship building factories in the country – the Aurora – opened two new production lines at the same time. Those can operate 24 hours a day, seven days a week. It offers a wide spectrum of fourth-generation automated hardware - for all the ships sailing the seas worldwide under the Russian naval-military flag. The produce which has been ordered and financed by designated state programs up until the year 2050.

Alexey Burilichev, vice-admiral, head of the main directorate of deep-sea research at the Russian Defence Ministry: “We will have to list the entire naval fleet, but in general the Aurora supplies automated systems for all nuclear submarines, built now and before, and those which are now being renovated and modernized. Also for the ships, which are now being made.

The year was interesting and successful for the city, that's according to St. Petersburg governor Georgiy Poltavchenko. Summarizing 2016, the governor spoke a lot about achievements, plans, and that difficult period which the Northern Capital has passed with a lot more confidence than many other regions.

Georgiy Poltavchenko, Governor of St. Petersburg: “Today I can say that we are almost past it, and the city is gradually getting back to those positions which were lost in 2014 and 2015. By the final third of December, budget revenues have exceeded the planned mark by 2 billion rubles. So it was a great job this year. According to the data collected so far, we have attracted 340 billion rubles into the primary budget of St. Petersburg’s enterprises. This is 45 billion rules more that in 2015.

But the main reason for successes of St. Petersburg in 2016, according to the governor, is the right strategy of development. For the last five years the city has been on the same course. And it's not planning to change it