BGP Litigation managing director Alexey Nechaev speaks with Kommersant about the outlook for development of the industrial sector in St. Petersburg

"Alexey Nechaev, managing director of BGP Litigation, says the highest rate of growth — 122.3% — has been seen in the manufacturing sector. "In 2016, St. Petersburg had a leading position in terms of both private investment and federal funding. The Committee for Industrial Policy and Innovation for was allocated more than 1.7 billion rubles, which was spent on supporting companies, including import-substituting enterprises, and the organization of exhibitions. 2017 promises to see record budgetary expenditure aimed at stimulating industrial development. It can be expected that the highest rates of growth in 2017 will be in manufacturing of food products, chemicals and electrical appliances and equipment", says Mr. Nechaev.

The full article (in Russian) is available here: "От промышленности ждут дальнейшего роста".