Russo-British Chamber of Commerce

Trade Mission

Murmansk

28th – 31st May 2008

General Information
Delegation Programme

Background

With its long history of working in Russia and the UK, and its representation in London, Moscow and St. Petersburg, the Russo-British Chamber of Commerce has established itself as the premier bridge between British and Russian Business.

The RBCC has a strong track record of organising successful trade missions for UK companies to Moscow, St.Petersburg and the regions, including delegations to Murmansk, Arkhangelsk. Novgorod, Pskov, and the Southern Urals Federal District.

With around 550 member companies drawn from all sectors of the Russian and UK business community, the RBCC is in a unique position to understand the concerns of companies working in each market, and to address the issues they face. The Chamber’s close links with local regional administrations and the Russian Federation Chambers of Commerce and Industry mean that our trade missions bring real benefit for business development and contact-building.

The city of Murmansk, and Murmansk oblast in general, offer substantial opportunities for Western investors, particularly in the ferrous/non-ferrous metallurgy, power generation, fishing and fish processing, transport and logistics and most recently in oil and gas sector. Murmansk region is one of the most developed in Russia with the rate of industrial production per capita being the second in the North-West of Russia.

This is a rare opportunity for UK companies to make contact with some of the key industrial companies in this exciting and dynamic region.

Key facts

• The mining industry in Murmansk Oblast accounts for 43 % of all nickel, 12 % of all iron ore, and 100 % of apatite extracted in Russia
• 42% of the total volume of industrial production of Murmansk region is exported.
• The UK is the Murmansk region’s largest source of foreign direct investment in the first 6 month of 2007 with 17.2 mln USD
• Fish production and processing in Murmansk accounts for 14 percent of Russia’s total.
• Murmansk region has one of the highest GRP per capita rates in Russia.
• Estimates gas reserves of Stockman gas oil field (Barents and Kara sea) is 3,000 bln. cubic meters

Mission highlights

• Meeting with senior officials from Murmansk city and regional administration
• Individual meetings with local companies
• Site visits to the largest companies in Murmansk (tbc Murmansk Commercial Port, ArktikMorNefteGazRazvedka etc.)
• Visit to “Kola Partneriat 2008” exhibition

Provisional Delegation Programme

Delegation Cost:
(includes: airfare St. Petersburg-Murmansk-St Petersburg, hotel accommodation, all local travel, food, event costs and RBCC management)
Please note: prices do not include VAT

Please note that prices do not include VAT. For travel packages to St. Petersburg, please contact us.

For further information, please contact:
Marina Voloshinova, RBCC Events Manager eventsspb@rbcc.com