|

| |
Arkhangelsk Region Overview
by Igor Yegorov, BISNIS
Representative in Northwest Russia
March 2003
Summary
Arkhangelsk Region belongs to the Northwest Russia
Federal District and is located in the northern part of the district.
Important regional features include harsh climate conditions, vast territories
and low density of infrastructure. The region is not only a supplier of sawn
timber, cellulose, plywood, fish and oil, but it is also home to several
shipbuilding and machine-building enterprises, a military naval base (where
the Kursk submarine was based), and a space-aviation launching site. The most
important industries in the region are wood processing, pulp & paper, fishing
and fish processing, mining, as well as transportation and oil extraction.
Extraction of diamonds and exploration of new oil and gas fields are also
emerging as important sectors of the region’s economy.
In spite of its cold climate and remoteness from
consumer markets and industrial clusters, Arkhangelsk Region can be attractive
to U.S. investors interested in its natural resources. U.S. companies working
in wood processing, fish processing/trading and transportation/logistics, as
well manufacturers of equipment for these industries may be interested in
looking at Arkhangelsk Region as a potential market for their
products/services. This report is based on information received from
government officials and private businesses by a BISNIS representative during
an outreach to Arkhangelsk Region.
The report contains the following information:
Basic
Regional Information
1. Arkhangelsk Region, including Nenets autonomous
district, is the largest in Northwest Russia, covering 589,900 sq. km (230,000
sq. miles). Arkhangelsk region also includes several islands, such as Novaya
Zemlya Archipelago (New Land), Franz Josef Land, Solovetskiye Islands, Vaygach,
Kolguyev and many other islands. The region’s size is approximately equal to
the size of Texas. Average temperature in July is 14-16 Celsius
(approximately 60 Fahrenheit). It can be very cold in the wintertime, which
lasts up to 250 days a year. A large portion of the territories is located
beyond the Polar Circle. Arkhangelsk Region borders the Karelia Republic in
the west, the Vologda and Kirov regions in the south, the Komi Republic in the
southeast, and the Tyumen Region in the east. Waters of three seas wash the
region: the White Sea, the Barents Sea and the Kara Sea. The main rivers are
Severnaya Dvina, Vaga, Pinega, Onega and Mezen’. Overall, there are 70,000
small and large rivers in the region. The largest part of the territory is
covered by forests (39%) and reindeer pastures (24.2%). The rest is
distributed between islands (19%), swamp areas (12.5%), rivers and lakes (4%)
and agricultural land (1.3%).
2. The total population of the region as of January
2001 was 1.44 million—less than 2 people per one square mile. Over one million
live in cities and towns. The mean age of population is 37 years old.
Difficult climate conditions and long distances predetermined distribution of
the population mainly along both natural and created transportation routes
(rivers and railways) and on the seashore. Arkhangelsk Region is divided into
20 municipal districts. The main city, Arkhangelsk (370,000 inhabitants), has
a history dating back almost 400 years. Smaller towns in the region include
Severodvinsk, Novodvinsk, Kotlas, Koryazhma, Mirniy and Onega. Novodvinsk and
Severodvinsk are located near Arkhangelsk and together form an
industrial-transport cluster. There are 38 urban-type villages and over 4,000
villages in the region.
3. Arkhangelsk Region has historically been a
cornerstone of the Russian state system. Slavs from Novgorod started to settle
down along rivers and the seashore in the tenth century. Over centuries the
vast territory was colonized (including parts of territories which currently
belong to Murmansk, Vologda and Komi regions). Arkhangelsk has always been an
important center of the Russian spiritual life. A great number of ancient
monasteries can be found even in the most remote places of the region. Of
course, the most famous one is Solovetsky monastery, located on Solovetskiye
Islands. Sadly, the monastery became one of the cruelest concentration camps
during Soviet years known as the GULAG. Today, the monastery has been
restored and attracts thousands of pilgrims and tourists from all over Russia
and from abroad. In the period from the year 1581 until early 1700,
Arkhangelsk was the only Russian port able to carryout international trade.
Extensive trade relations with Great Britain, Holland, Germany and many other
countries characterized life of this northern city for many centuries. After
the foundation of St. Petersburg in 1703, which overtook the role of the major
foreign trading outlet, Arkhangelsk has become less important for the Russian
external links. Nevertheless, being located far inside Russia, it has remained
an important port. For example, Arkhangelsk was intensively used during the
Second World War to deliver cargo from the Western Allies to the Soviet Army.
A long history of trading relations has prompted development of shipbuilding
industry in the region. Shipbuilding is still a very important industrial
sector, especially in the city of Severodvinsk.
4. Traditionally, fishing and forestry are the most
important industries in the region. Current total forest reserves are
estimated at approximately two billion cub meters (20 billion cub feet). Fir
tree accounts for 55% of the wood stock, pine 26% and birch 16%. There are 78
oil and gas deposits, mainly in Nenets’ autonomous district and on the sea
shelf (Timan-Pechora oil & gas province). Estimated oil reserves are over 1.2
billion tons and estimated gas reserves are 620 billion cub meters. An
important project is the development of the Lomonosov diamond deposit, which
has already been started. Diamond reserves are estimated at 832 million
carats. Arkhangelsk region also has coal deposits (3.7 billion tons), building
materials (limestone, dolomites, cement), copper ores, zinc, lead and some
other.
Infrastructure
5. Waterways
The best form of transportation of cargo to and
from Arkhangelsk Region is by sea. Sea transport plays the major role in
international trade of Arkhangelsk Region, as well as in supplying some
settlements along the seashore and on the islands. The main ports are located
in Arkhangelsk—Narjan-Mar, Onega and Mezen’. Cargo shipments from Arkhangelsk
can be transported to central parts of Russia. The seaport in Arkhangelsk has
124 berths (docking points) and is able to handle all types of cargo including
timber, cellulose, containers, oil, metal, etc. Vessels with 9.2 meters
collapse (depth below water) and 175-200 meters length can be accepted. The
port has the only container terminal in Russia’s European North (Russia’s
regions west of the Urals), where 5,762 TEUs can be stored simultaneously,
including up to 200 refrigerator containers, and up to 2,200 containers for
hazardous cargoes. The annual throughput capacity of the container terminal is
75,000 TEUs.
6. According to Mr. Nekrasov, General Director of
Belomortrans and the largest international forwarder and customs broker of the
region, the Arkhangelsk seaport handles approximately 15,000 containers
annually. The port’s capacity is utilized by 20-25% and volume of imports
through Arkhangelsk can be increased substantially. It takes one day longer
to ship from Rotterdam to Arkhangelsk than to St. Petersburg, but because no
waiting is necessary for customs clearance, cargo arrives to Moscow and other
Russian regions faster. Opportunities for shipment to Russia through
Arkhangelsk can be used until the port of St. Petersburg develops its capacity
and increases the speed of cargo processing substantially. The main shipping
company in Arkhangelsk is the Northern Shipping Company. This company is able
to ship general, timber, bulk cargo and containers worldwide. It also carries
out delivery of cargo to locations without docking points. Northern Shipping
Company provides dredging services, icebreaker escort, as well as diving,
rescue, and underwater technical works. The company has icebreakers to provide
year-round navigation in the ports of Arkhangelsk and St. Petersburg.
7. Rail and Road
The density of rail network per square mile in the
region is low—approximately three miles of railroad per 1,000 sq. miles of
territory. There are almost no major roads or railroads leading from the
region to the west. Because the transportation system is meridian (i.e. it is
oriented in the north-south direction), the transportation of cargo from the
east to the west is a long process. The main railway goes from Arkhangelsk
through Vologda and Yaroslavl to Moscow. There is a rail link between
Arkhangelsk and Murmansk. No fast and short rail, river or road link exists
between Arkhangelsk Region with eastern parts of Russia. The only railroad
from east to west runs in the south of the region, from Komi Republic through
Kotlas in Arkhangelsk Region to Pudozh in Karelia Republic. Railroads carry
the largest tonnage of cargo, followed by sea transport and waterway
transport.
8. The density of major roads in the region is some
ten miles per 1,000 sq. miles. The road network is underdeveloped, with the
main motorway connecting Arkhangelsk with Central Russia going through Velsk
to Vologda, Yaroslavl and Moscow. The main road connection with St.
Petersburg goes through the city of Vologda. A few small roads connect towns
and cities of the region and with neighboring regions. There is a lack of good
roads in the region, and many roads are seasonal, i.e. impassable during
certain periods. Lack of good roads impedes development of the economy
(forestry for example).
9.
Air Connections.
The main
civil airport is located in the city of Arkhangelsk. International flights are
available to Finland (Rovaniemi) and Sweden (Oulu). There are regular flights
to Moscow, St. Petersburg and some other Russian cities, carried out by AVL
(Arkhangelsk Airlines), Aeroflot, and Pulkovo Airlines. There are also small
airports in many regional cities as well as several military airports. The
flight time from St. Petersburg to Arkhangelsk is 80 minutes. The flight time
from Arkhangelsk to Moscow is slightly longer. The best way to travel to
Arkhangelsk is by air.
10. Telecommunications.
The largest Russian cellular operators—Megaphon and
MTS—are available in Arkhangelsk (GSM standard). Phone connection to the city
of Arkhangelsk and especially to smaller cities and towns of the region can be
quite bad and low quality. It is sometimes difficult to get through. Internet
services are offered by a number of companies in Arkhangelsk, and e-mail is a
normal way of communication. According to the International Relations and
Tourism Development Committee of the regional administration, there is an
opportunity to do teleconferences at the Administration’s facilities.
Key Industry Sectors
11. Arkhangelsk is a northern region and harsh
climate conditions influence all aspects of life, including business and
economy. Despite a number of difficulties, the need to exploit natural
resources and get access to the sea has motivated the colonization efforts for
many centuries. The economy of Arkhangelsk Region has traditionally been based
on the exploitation of forests (mainly logging at the first stages, then
moving to processing of wood), fishing, and transportation. High costs of
building infrastructure has limited its development to a few key projects,
such as the main railway, the main motor road, a few ports, power stations,
etc. Outside of cities and towns, infrastructure is almost non-existent.
Economic activity is concentrated in a few key sectors, and, partially as a
result of Soviet time monopolization and gigantism, the largest share of
output is produced by several large industrial enterprises.
12. In all northern countries, including the
United States, economic and social development of northern territories is
supported through a wide array of governmental measures. This was also the
case in the Soviet Union, where northern areas received additional funding
from the country’s budget, and construction of key enterprises was a
nation-wide effort. However, these support measures almost ceased to exist
with the collapse of the Soviet Union. This left many of Russia’s northern
regions, Arkhangelsk being no exception, with a heavy burden of large
ineffective enterprises, military naval bases, outdated infrastructure and
suffering people. Arkhangelsk Region has gone through these difficulties and
is now on the path to economic stability, but its economic growth will
probably be limited by an outdated infrastructure, which requires huge
investments to continue proper functioning.
13. Logging, wood processing, and pulp and paper.
The region produces 30% of Russia’s exported sawn
material and 25% of paper and cellulose exports. Forestry, wood processing and
pulp & paper are very important sectors of the economy—contributing over 40%
to the regional production volume. Woodcutting in 2002 totaled 8 million cub
meters (80 million cub feet), but 23 million cub meters can potentially be
cut. According to regional administration, there are over 200 wood cutting
enterprises in the region and some 30 wood processing companies. According to
expert estimates, regional enterprises produce 1.5-2 million cub meters of
sawn timber, plywood, glued blanks, fireproof plywood slabs and other wood
products, approximately half of volume being exported. There are also
furniture manufactures. One of the most successful is Aquatechnika, whose
furniture exports to the U.S. exceeded $4 million last year. An impediment to
increased production is poor road infrastructure, especially bad access to
forests. Modernization and productivity enhancement on existing sawmills are
the priorities for development of logging and wood processing sectors. Active
processing and trading companies include Arkhangelsk Plywood Plant, Dvinosplav
JSC, Primorsky Sawmill, Onega Sawmills, Solombala Sawing and Woodworking
Combine, Timber Mill N3 and Timbex.
14. The three pulp & paper manufacturing facilities
in the region are Kotlas (part of St. Petersburg-based Ilim Pulp Enterprise),
Arkhangelsk (part of Titan holding), and Solombala mills. In 2002, their
output totaled 728,000 tons of pulp, 320,000 tons of paper and 674,000 tons of
cardboard. The mills have their own logging capabilities and cut a significant
share of needed timber themselves. For example, Kotlas pulp & paper mill has
16 logging companies, which recently started to use two Timberjack logging
machines (total investment of $2 million). Products include sulfate pulp,
cardboard, coniferous sulfite bleached cellulose, offset printing and bag
paper, Kraft liner, foliage sulfate bleached cellulose etc. Arkhangelsk pulp
& paper mill is part of Titan Holding with nearly 25,000 employees. Titan
produces 35% of Russia’s cardboard. Its logging companies cut two million cub
meters of timber every year (25% of logging in the region). For that purpose
Titan bought 13 Caterpillar complexes and intends to purchase or lease an
additional 10. Titan is currently in the engineering stage of a project to
build a pulp literature processing plant in the city of Podolsk for $120
million.
15. Oil & Gas
Due to large unexploited reserves, oil companies
consider Arkhangelsk Region a very promising place for development of new
projects. Russian and international oil companies are pursuing opportunities
in the development of the Timan-Pechora oil field—the most active being Lukoil,
Rosshelf, Conoco Statoil, Norsk Hydro and Tatneft. Since oil companies will
be targeting international markets, transportation of oil from new deposits to
the consumer will be an important issue. Pipeline capacity is limited and
railroad is not the best option because oil cannot be transported during the
winter months without heating due to low temperatures. The capacity of
railroad network is not sufficient and rail transportation is not cost
effective in times of low oil prices. Oil companies will have to either build
an oil terminal and a new pipeline, or find alternative methods of bringing
oil to the market. There are huge gas reserves in the region and on the sea
shelf. Stockman gas field is among Gasprom’s best prospects for future
growth. Besides gas exploration and extraction, the gas pipeline through
Vologda Region to Arkhangelsk is currently under construction. A methanol
plant for processing of gas is also being built near Arkhangelsk.
16. U.S. oil company, Conoco, was the first foreign
firm to invest in the region’s oil sector ten years ago. Polar Lights’ (Conoco’s
JV with Arkhangelskgeoldobycha) investment in oil extraction in the Nenets
Autonomous District exceeded $400 million. Today, Polar Lights is producing
about 1.7 million tons (14 million barrels) of oil per year, which is
transported through the Russian pipeline system and sold both abroad and
domestically. The venture is also developing three satellite fields,
previously discovered by Arkhangelskgeologia and is planning to drill several
new wells to develop these additional fields. The Polar Lights' license area
is located in the Nenets Autonomous District in the Timan-Pechora region,
about 125 kilometers south of the Barents Sea, above the Arctic Circle and
west of the Ural Mountains.
17. Transportation of oil from Arkhangelsk by sea
is handled by ROSNEFT-Arkhangelsknefteprodukt. The company has several
petroleum storage stations along the railways and the export terminal in the
port. The terminal has two 150 meter-long piers capable of mooring oil tankers
with draft up to 9.2 meters and 25,000 tons of deadweight capacity. In 2002,
the terminal processed two million tons of oil products, 95% of which were
exported. In 2003-2004, the company plans to carry out an expansion program
aiming at increasing the annual throughput capacity to four million tons of
oil. Another major Russian oil company Lukoil invests in the region through
its subsidiary Arkhangelskgeoldobycha. It holds 22 licenses for oil
prospecting, exploration, and production and 12 licenses for hard minerals
prospecting and production, including prospecting and production of diamonds.
Arkhangelskgeoldobycha plans to increase oil production up to three million
tons by 2005.
18. Fishing and Fish Processing
Fishing is one of the traditional industries of the
region. Local fishing companies catch over 180,000 tons of fish every year.
Output of processed and canned fish is over 120,000 tons. One of the most
successful companies is Grumant Fleet. Several year ago the company attracted
its first long-term loan from a Norwegian bank under the guarantee of the
regional administration and built three new fishing trawlers, $7.5 million
each. The trawlers of the new model proved to be very efficient and the
company plans to build a few more modern fishing vessels. Grumant Fleet is
part of a holding, which includes ship-building, fish processing (Belomorye
company), and trading companies with the total number of employees exceeding
600 people. Belomorye company has acquired large facilities in Arkhangelsk and
installed several refrigerators and a fish processing line. It currently
produces a wide array of fish products and exports high-quality fish fillets.
The company plans to expand its storage, processing and packaging
capabilities, develop new product lines, and move into new markets. There is
an opportunity for U.S. companies to collaborate with fish plant Belomorye and
fishing company Grumant Fleet on these projects.
19. Machine-Building
The two large enterprises in the nuclear submarine
shipbuilding are Zvezdoychka and Sevmash, located in Severodvinsk. During
Soviet times, these companies built nuclear military submarines but now their
product line has expanded to include various types of civil ships—mainly
fishing trawlers and ice-resistant platforms for oil exploration and
extraction on the sea shelf. The companies are also active in several nuclear
safety, conversion, and nuclear submarines utilization programs. Sevmash has
received an order from Rosneft and Gasprom to build an offshore ice-resistant
platform for oil filed “Prirazlomnaya” in the Pechora Sea. The total cost of
the project is $1 billion. Sevmash is also a contractor of several oil
companies to manufacture sea shelf platforms for oil and gas development in
Sakhalin. Zvezdoychka has a contract from the Finnish shipbuilding company,
Azipod, to supply screw propellers for civil ships. The company is also
Norway’s contractor to build bearing structures for tidal electrical power
stations. Zvezdyochka has experience in designing and manufacturing of
floating bridge piers, pontoons, pontoon bridges of different length, ships,
fishing trawlers, jack-up drilling rigs for exploration and exploitation of
oil and gas offshore wells in Russian Arctic. However, attraction of
investment is difficult due to the fact that the enterprise is still
government property and is engaged in Russian military programs.
20. Diamond extraction
The single development-ready diamond deposit in
Europe named after Russian scientist Lomonosov is located in Arkhangelsk
Region. Gems and diamonds make up 60% of the raw material content. Russian
diamond company ALROSA plans to begin extraction of diamonds in 2004. A
combine for processing of 5.6 million tons of ore should be completed by 2006.
According to the press-service of the Arkhangelsk administration and to
ALROSA’s own comments, the total investment in the exploration project exceeds
$350 million over a period of several years. In 2004 alone, the company plans
to invest approximately $100-110 million in the development of deposit. The
governor of the region Mr. Yefremov believes that diamond exploration will
bring additional orders to local construction companies and help raise
employment.
21. Banking and Finance
The banking industry in Arkhangelsk is represented
by a relatively large number of Moscow and St. Petersburg banks, as well as
local banks. The most active banks are Sberbank (St. Petersburg),
Baltuneximbank (St. Petersburg), Industry-Construction Bank (St. Petersburg),
MDM Bank (Moscow), Moscow Industrial Bank (Moscow), Lesobank (Arkhangelsk),
Pervy Sudokhodny Bank (Arkhangelsk) and several other. International payments
can be made easily and without delays through almost any regional branch.
However, it is not easy to receive trade and investment financing, for several
reasons: banks usually require collateral exceeding the amount of a loan by a
ratio of two; crediting limits are small because of insufficient own capital;
loans are only up to one year. Due to these obstacles all large companies in
the region attract financing from Moscow or St. Petersburg banks. However, for
small and medium companies access to credit resources is very difficult. There
are seven leasing companies in the region, for example Arktika (Arkhangelsk)
and Baltleasing (St. Petersburg). Their main activity is leasing of vehicles
and various equipment. Indeed, development of leasing is also constrained by
the tough conditions imposed by banks.
22. Consumer Market
With the total population of some 1.4 million
people, the region is not an attractive or large consumer market. According to
statistics produced by the regional branch of the State Statistical Committee
(Goskomstat), the average salary in Arkhangelsk Region in 2002 was 5,000
rubles per month (approximately $160), increasing by 33% year-on-year in
nominal terms and by 14% in real terms. In December of 2002 the average salary
in the region was 6,500 rubles ($200). Since official statistics in Russia
usually underestimate personal incomes, it can be presumed that actual
salaries are even a bit higher than that. Prices in Arkhangelsk are comparable
to prices in other Northwest Russia regions. Due to pick-up in the region’s
core industries in recent years and improvement of financing of federal
programs, the personal incomes in the region have stabilized on a mean Russian
level. However, for U.S. exporters the main opportunities lie not on the
consumer market front, but in working with industrial buyers of equipment and
technology.
Foreign Trade and Investment
23. The region’s economy is export-oriented. The
export products are oil (27% of the total exports in 2001), pulp (26%), wood
products (18%), paper and cardboard (17%) and vessels (9%). Imports include
various equipment for key industries (32% of the total imports in 2001), ships
(38%) and chemical products (6%). It is important to note that ships produced
in Arkhangelsk are usually exported to Norway for fitting and equipping and
then re-imported back. Arkhangelsk Region’s main trading partners on the
export side are Poland, Italy, Germany, Netherlands, and Ireland. Exports to
the United Stated in 2001 were a mere $7 million. The region imports various
products from Great Britain, Finland, Sweden, Germany and Austria. Imports
from the United States in 2001 totaled $6 million.
Foreign Trade Volumes of Arkhangelsk Region in
1997-2001, millions U.S. dollars
1997
1998 1999 2000 2001
Export 697.8
499.6 570.4 769.6 1,055
Import 162.0
66.0 73.1 104.0 114.2
24. The single largest foreign investment in the
region is in the Polar Lights (Conoco’s JV) $400 million oil extraction
project. Some other foreign companies in the region are involved in logging
and wood processing, transportation, trade, fishing and consumer goods
manufacturing, including Russian-German company Holz Dammers (wood
processing), Russian-Danish JV Shalakusha Wood Processing Industry, Danish
company DLH Nordisk and Russian-Norwegian Solombala Shipyard. Norwegian
companies Statoil and Norsk Hydro have placed substantial orders with
Zvyozdochka and Sevmash for manufacturing of oil sea shelf platforms and metal
structures.
Development Priorities
and Investment Climate
25. Economic priorities of the region stem from the
necessity to maintain and develop its industrial potential and infrastructure
and respond to new challenges, for example, environmental problems.
Development of region’s basic industries such as wood processing, fishing and
fish processing remain a priority for the local administration and companies.
Shipbuilding and conversion of military enterprises are as well high on the
reform agenda. Energy efficiency is also a concern in the region, where
heating period is 256 days a year. The region is dependent on mazut (black
oil) for heating and electricity supply. The problem is that, apart from being
expensive, this type of fuel has to be shipped from Central Russia, which
further raises the costs. Electrical power facilities are worn out and, if
plans for construction of a nuclear power station don’t materialize, than the
region may experience a shortage of power supply in several years. This is why
energy efficiency, alternative sources of energy and efficient ways of power
supply of remote settlements are a priority.
26. Arkhangelsk Region does not offer any special
treatment or investment incentives to foreign investors. Federal legislation
is currently not in favor of competing regional investment regimes and limits
possibilities for granting tax concessions to regional portion of the property
and profit taxes. Arkhangelsk Region has adopted all the necessary legislation
to make these concessions work. However, tax breaks are not the primary
concern of investors, who mainly seek stable, predictable conditions and equal
treatment. Usually, the regional administration appoints a supervisor to large
private investment projects. Investors are also invited to make presentations
of their projects to the administration and discuss any positive or negative
effects on the social stability and incomes. Administration is especially
willing to support projects, which bring employment and social benefits to the
region.
Business Travel Conditions
27. Almost all large regional companies have
headquarters in the city of Arkhangelsk. The best way to travel to Arkhangelsk
is by air, whereas other cities in the region are far more difficult to reach.
The best hotel in the city is Pur-Navolok, which has recently opened its
second building, fitted according to international standards. There are a lot
of restaurants and cafes in the city. Transportation is easy as taxies are
cheap and can be ordered by phone. Credit cards are accepted in the
Pur-Navolok hotel and in the best restaurants, but business travelers are
advised to confirm each time they intend to use a credit card. Cash can also
be withdrawn through automated telling machines or in branches of local banks.
The airport is within 20 minutes driving distance from the city. It is easy to
catch a taxi by the airport building.
Contact Information
Office of the Head of Arkhangelsk Region
Administration
Mr. Anatoliy A. Yefremov
Head of the Administration
Troitsky av., 49, Arkhangelsk, 163061, Russia
Phone: 7 (8182) 437912
Fax: 7(8182) 432112
www.dvinaland.ru
Department of
Economic Development
Dr. Vladimir A. Kolomentsev
Deputy Head, Director of Economic Department
49 Troitsky pr., Arkhangelsk 163061, Russia
Phone: +7 (8182) 646672
Fax: +7 (8182) 646278
Email: kolomentsev@dvinaland.ru
Foreign Relations Department
Ms. Svetlana Gorlanova
Deputy Head, Director of Foreign Relations and
Tourism Development Department
49 Troitsky pr., Arkhangelsk 163061, Russia
Phone: +7 (8182) 646521
Fax: +7 (8182) 211203
Email: intercom@dvinaland.ru
Arkhangelsk Investment Company
Mr. Eugene A. Mikhaylovsky
General Director
12 Voskresenskaya str., Arkhangelsk 163000, Russia
Phone: +7 (8182) 652127
FAX: +7 (8182) 652127
Email: progect@atnet.ru
29. U.S. Government Contact
For more information you may also contact:
Igor Yegorov, BISNIS
representative for North-West Russia
http://www.BISNIS.doc.gov
E-Mail: Igor.Yegorov@mail.doc.gov
Tel.: (7-812) 326-2585
Fax: (7-812) 326-2561
25 Nevsky Prospect, St.
Petersburg, 191186 Russia
This report is provided
courtesy of the Business Information Service for the Newly Independent States (BISNIS)

|