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The Expert Council of Lipetsk Special Economic Zone, chaired by the region governor Oleg Korolev, was first held under a new, recently modified procedure on December 7th 2016.

The Investment Conference “Russia: New Pattern of Industrial Cooperation” held on November 10 – 11’2016 in Milan (Italy) addressed a most timely agenda of Russian localization for Italian producers. The conference was made possible thanks to the joint efforts of Special Economic Zones JSC (Russia) and Assolombarda Confindustria Milano, Monza e Brianza (Italy).

October 20 2016, Lipetsk Special Economic Zone hosted a long-expected conference arranged by the Federal Customs Service of Russia. 22 special economic zones across the country joined in the discussion, some of them through video connection. The prime motive for summoning the conference was the pressing necessity to educate the SEZ tenant and managing companies on the new customs reality they will have to come to terms soon. The Customs Code for the Eurasian Economic Union, that has been going through protracted and painful ratification process by the member states, is finally announced to be adopted and come into effect in the early 2017.

Published on October 13 2016, Global Free Zones Ranking by fDi Magazine (The FT) commended Lipetsk Industrial Special Economic for New Investments, largely due to Schlumberger €58m investment in a manufacturing plant due to come online in 2018.