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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.

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

Novgorod Region

Area, km2:
55 300
Time zone:
Administrative center (city):
Population (inhabitants):
Share of urban population (%):
Gross regional product, 2005 (million rubles):
73 203.4
Gross regional product per capita, 2005 (rubles):
110 666.0
Fixed capital investment, 2006 (million rubles) :
Foreign direct investment, 2006 (thousands USD):
Novgorod Oblast (Russian: Новгоро́дская о́бласть, Novgorodskaya oblast) is a federal subject of Russia (an oblast), located between Moscow and Saint Petersburg. The administrative center is the city of Veliky Novgorod. Some of the oldest Russian cities, including Veliky Novgorod and Staraya Russa, are located there. The historic monuments of Veliky Novgorod are surroundings have been declared a UNESCO World Heritage Site. Novgorod Oblast borders Leningrad Oblast (NW,N), Vologda Oblast (E), Tver Oblast (SE,S) and Pskov Oblast (SW). The western part is a lowland around the Lake Ilmen, while the eastern part is a highland (northern spurs of the Valdai Hills).[1] The highest point is Mount Ryzhokha (296 m). Novgorod Oblast is noted for its science- and labor-intensive sectors, particularly the chemical and forest industries. The engineering and metalworking, electronics, chemical, forest, woodworking, and pulp and paper industries produce nearly half of the oblast's marketable commodities. The chemical industry is Novgorod Oblast's leading economic sector, accounting for 31.4% of total industrial output. Products include fertilizers, general rubber goods, synthetic resins, plastics, paints, pharmaceuticals, and household chemicals. Fertilizer companies using both local and imported raw materials produce nitrogen fertilizers (Novgorod Chemical Plant). The forestry complex, which includes the forest, woodworking, and pulp and paper industries, produces 10.9% of the Oblast's industrial goods. Lumber, plywood, and furniture are some of the products of the woodworking industry. Most of the materials for the wood processing industry are supplied from neighboring Oblasts and republics of Northern district. The industrial construction complex has interregional significance. Companies in this sector are located in large and medium-sized cities with access to main highways. They produce reinforced concrete components and structures and other building materials. The glass industry is also well developed in Novgorod Oblast.
  Contact information
Region's website
Sergey Gerasimovich Mitin

Investment projects of the region:
At present, There are no projects of this region in database while.

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