On December 4, 2018 a working meeting of the Ministry of Investment, Industry and Transport of the Republic of Komi officials and RUSAL management took place in Syktyvkar. The purpose of the meeting was to summarize the cooperation between the region and the aluminum company in the outgoing 2018.

Semyon Isakov, Vice President, Senior Analyst of the Moody’s Investors Service rating agency and Ilya Bakulin, Junior Analyst of the Agency arrived in Syktyvkar on a working visit to monitor credit rating of the Republic of Komi.

Valery Syrovatko, Director of the Industry Development Fund of the Republic of Komi, gave an interview.

The Industry Development state program in Komi has reached main indicators. This was reported of by Alexey Prosuzhih, Acting Minister of Investment, Industry and Transport of Komi at a working meeting in the State Council of the region on November 13.

A working meeting of the Head of the Republic of Komi and the President of PJSC LUKOIL was held in Moscow. The main issues were the development of industrial production and the implementation of joint social projects in the region.

The republic has developed a program to promote Komi products. It is aimed at expanding the access of local producers to domestic and external markets, increasing sales, as well as reducing the cost of goods, works and services.

The cost of the state program implementation is two times less comparing to revenues from forests exploitation. By October 1, RUR 1.5 bln was allocated into the budget.

Alexander Golovanyov, Director General of Lukoil-Komi LLC spoke about the company's production plans during a working meeting with Sergey Gaplikov, Head of the Republic of Komi.

Implementation of the comprehensive investment project Creating the Northern Latitudinal Railway Obskaya – Salekhard – Nadym – Pangody – Novy Urengoy – Korotchayevo and Railway Approach Lines to it will enable cargo flow from the deposits of the northern regions in Western Siberia. The ceremony of signing the concession agreement between the Russian Federation represented by the Federal Agency of Railway Transport and Northern Latitudinal Railway LLC was held in Sochi on the sidelines of PRO Movement 1520 International Transport and Logistics Forum.

Head of the Republic of Komi Sergey Gaplikov visited OAO Zelenetskaya Poultry Farm, the largest agro-industrial company in the region. The first stage of a new animal feed plant construction is being completed. RUR 2 bln is the project total cost.