The LSR. Reinforced Concrete Joint Stock Co.
«Development of new reinforced concrete production facilities for producing concrete products in the Leningrad Region»
The investment legislation alterations in the Leningrad Region
According to this document, the following alterations in the local Law of the Leningrad Region No.: 113-oz of December 29, 2012 were adopted:
- The minimum threshold investment amount is reduced to 50 Mln. Rubles for the investors implementing their Projects in Lodeinopolsky, Podporozhsky and Boksitogorsky Municipal Districts; after it has been reached, they can be given the most favorable treatment
- The transitional provision wording in Paragraph 113-oz is clarified, thus eliminating the uncertainty regarding the contracts’ terms for providing the State support of investment activities concluded during the period from their date of entry into force in 113-oz (December 29, 2012) to January 1, 2014. Now all investors having entered into agreements on State support before January 1, 2014 enjoy the most favorable treatment in the volumes and terms specified in those contracts.