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Annual average rate of 2007:
1 USD ($ USD)   = 29.39 rub.
1 EUR (€)           = 41,42 rub.

Currencies exchange rates (as of 11.06.2010): 
1 USD ($ USD)  = 31.5742 rub.
1 EUR (€)          = 38.0217 rub.

15.01.2010  
Inflation
                      0.7% . 0%
Gold and currency reserves        441.4 bln. USD
Oil Brent (ICE)         71.62
                          USD/ barrel
GDP               II 2009 9 326,4 bln. Rub.
Exports            24,5 1,8 bln. USD
Imports           15.5 . 1.6 bln. USD
Fixed asset
investments
   01.07.09. 621,7 . -49.4 bln. Rub.
Consumer price index
(as of 01.8 / 31.08.2009)
  100 . 0% - for food
commodities
              99.1 . - 1.5%
- for non-food
products
                   100.6 . - 0.2%
- for paid services rendered to the population         100.4 . - 0.4%
Forecast rates on                         
1 USD ($ USD) = rub.
1 EUR (€)          = rub.
 /  English

Vologda Region

Area, km2:
145 700
Time zone:
GMT+3
Federal District:
North-Western Federal District of Russia
Administrative center (city):
Vologda
Population (inhabitants):
1 225,33
Largest cities of the region (inhabitants):
Cherepovets - 307,800
Vologda - 286,300
Sokol - 40,900
Share of urban population (%):
68,5
Income per capita (USD):
352,5
Gross regional product, 2005 (million rubles):
207 859.2
Gross regional product per capita, 2005 (rubles):
168 771.5
Fixed capital investment, 2006 (million rubles) :
60899
Foreign direct investment, 2006 (thousands USD):
18612
Vologda Region is situated in the North-East of the East European Plain. 2/3 of its territory are covered with forests. The largest rivers are the Sukhona and the Vologda; lakes include Beloye, Kubinskoye and the Rybinsk Reservoir artificial lake.
Vologda Region is famous for its natural landmarks (including the Opoki geological fracture) and cultural traditions. To this day the region has managed to preserve a wealth of Russian ethnic heritage (such as songs, legends, and epic tales). Many historical cities (such as Byelozersk, Vologda, and Totma) are open-air museums in their own right. The region is also famous for an abundance of well-preserved masterpieces of wooden architecture.  Velikiy Ustyug is the home town of Father Frost, or Russian Santa Claus. The famous Ferapontov Convent has been entered in the UNESCO World Heritage List. Some traditional arts and crafts have been preserved to this day, such as Vologda lace, Shemogsa birch-bark carving, and silver blackening.

Vologda Region is an industrially developed Russian region. Over 40% of its industrial output goes to foreign markets. Key industry sectors include steel and chemical industry, machine-building and metal-fabricating industries, forestry and wood industries, pulp and paper production, glass industry, food and processing industry, light industry (flax processing).
Economy (2007 estimate):
    The regions external trade turnover amounted to Euro 2.6 billion (including an export volume of Euro 2.3 billion);
    Volume of investment into the regions economy amounted to Euro 2 billion;
    The region has stable positive investment appeal and credit ratings (Moodys: 1.ru, Standard & Poors: BB-).
Vologda Region is an important transport center. Two federal highways pass through its territory. Vologda railway station is a large railway junction with lines to four directions. The region has two airports (in Vologda and in Cherepovets). One of the largest ports on the Volga-Baltic Waterway is also in Cherepovets.
  Contact information
Region's website
Governor
Vyacheslav Yevgenyevich Pozgalyov
Tel./Fax:
+7 (8172) 72-31-70; +7 (8172) 72-16-99; +7 (8172) 56-02-94 (German);
Fax: +7 (8172) 76-96-19
E-mail
ved@vologda-oblast.ru

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