Competitive city’s advantages
Strengths Rostov-on-don city’s parts associated with territorial-geographical position advantages, industrial, scientific-educational and labour potential, transport, institutional and innovation infrastructure presence and use.
Advantageous cross-border economic and geographical location and recognized the Rostov-on-don’s city status as the capital of the South Russia, the concentration of administrative, financial, logistic, educational, cultural resources provide a high competitive level of investment attractiveness among the capital subject cities of the South Russia.
Rostov-on-Don is the core of the emerging Rostov agglomeration, one of the largest in the Russian Federation (with a population of more than 1.5 million people), administrative and economic center for the vast territory of the south-west region, the focus of attraction of labor and business for Taganrog, Azov, Novocherkassk, Bataysk cities and Azov, Aksay, Myasnikovsk rural areas.
The city is one of the centers “Donbas’s’” Euro region, created in 2010, including the Lugansk, Ukraine’s Donetsk region, Rostov and Voronezh region, and called for intensified economic cooperation subjects of neighboring regions.
Rostov-on-don is the largest diversified transport junction in the South Russia.
The city is located on crossing of international transport corridors providing access to five seas and has direct contacts with the CIS European part, Transcaucasia, the Middle East and the Mediterranean. This determines a high level of foreign economic ties development with the countries of near and far abroad.
In Rostov-on-don historically developed diversified industrial complex with a high level of the manufacturing industry production.
Industrial potential of Rostov-on-Don city represented the largest food and light industry, mechanical engineering (production of the unique radio and navigational equipment, harvesting equipment, helicopter, and instrument), the chemical industry, as well as medium and small enterprises producing high-tech products.
Rostov-on-Don is one of the leading scientific and educational centers in the South Russia.
The city successfully operate 38 schools and their branches, which are studying more than 140 thousand people, including the Southern Federal University (SFU), more than 40 research and design institutes (including the Southern Scientific Center of the Russian Sciences Academy, The North Caucasus Research Center of SFU Graduate School).
High educational, professional and cultural level of labor resources, along with a diversified economy model provides a stable structure of Rostov-on-don’s population employment.
In Rostov-on-don formed one of the largest consumer markets in the country, which is mastered more than half of the retail trade turnover of the Rostov region.
A rich historical heritage, multinational culture’s ancient traditions and well-developed infrastructure of the humanitarian sphere suggest Rostov-on-don the cultural center of Southern Russia.