Economy of the region

The main share in the volume of industrial production of Murmansk Region belongs to mining industry and metallurgy, fishing industry:

  • «Kolsk Mining and Metallurgical Company» JSC  (Monchegorsk, Zapolyarniy, Nickel) — production of nickel and refined copper;
  • «Apatit» JSC (Apatity, Kirovsk) — production of apatite and nepheline concentrates;
  • «Northwestern Phosphoric Company» JSC (Koashva, Kirovsky district) - production of apatite and nepheline concentrates;
  • «Kovdorsky Mining and Processing Integrated Plant» JSC — production of apatite, baddeleyite and iron ore concentrates;
  • Subsidiary of «SUAL" JSC "KAZ-SUAL"» (Kandalaksha) — production of primary aluminum;
  • «Olenegorsky GOK» JSC  (Olenegorsk) - production of iron ore concentrate;
  • «Murmansk Trawler Fleet» JSC (Murmansk) — fishing industry.

Projects on creation of new and modernizations of existing operating industrial enterprises are held. For example, construction of a mining enrichment integrated plant «Oleniy ruchey» («Northwestern Phosphoric Company» JSC) and development of platinoids  field of «Fedorova Tundra» («Fedorovo Risorses» JSC).

On the territory of «82 SZR» JSC (Roslyakovo urban-type settlement) it is planned to create a modern coastal base with the developed transport infrastructure and possibility of compact placement of objects necessary for effective and timely development of the shelf. The initiator of the project is  «Rosneft» JSC.

It is possible to look at the list of industrial and investment platforms of Murmansk Region on the investments map.

Foreign investors do business in Murmansk region for a long time. For example, Norwegian companies work in oil and gas sphere, logistics, tourism, fishing industry:

Parameter 2011 2012 2013
Index of industrial production (%) 99,3 100,8 102,1
Volume of investment into fixed capital (billion rubles) 55,9 72,4 79,6*
Demography (people) 794077 787948 780401
Coefficient of fixed assets updating (%) 3,9 3,9 4,6*
Turnover of products(services) made by small enterprises, including microenterprises, and individual enterprises (thousand rubles) - 137422700 155136486

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Marina Kovtun

The governor of the Murmansk region

+7 (8152) 486-201

News

22.06.2017  17:33

Murmansk Region confirms the status of the region with favorable conditions for business development

Today, the Governor Marina Kovtun held a meeting of the Council on improving the investment climate in the Murmansk Region. The Head of the region recalled that in the National Investment Climate Rating for the constituent entities of the Russian Federation in 2016, the Murmansk Region rose by 20 points, improving its position to the 32nd place. For the third consecutive year, the region is included in the third group of regions, confirming the status of the region with favorable conditions for business development.

21.06.2017  17:35

Union of Industrialists and Entrepreneurs of the Murmansk Region holds a meeting with representatives of the business community of municipal entities of the town of Apatity and the town of Kirovsk

On June 23, 2017, in the Kolenergo Central electrical networks (2A Festivalnaya Street, the town of Apatity, the Murmansk Region), the Union of Industrialists and Entrepreneurs of the Murmansk Region (Regional Association of Employers) will meet with representatives of the business community of the municipal entities of the town of Apatity and the town of Kirovsk.

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Ministry of Industry and Enterprise Development of the Murmansk region

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