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Business forum with over 20 Finnish companies opening in Kazan

Finland, according to President of Tatarstan Rustam Minnikhanov, is one of the “long-term partners for the republic”

KAZAN, November 14 (Itar-Tass) — The Tatarstan-Finland Business Forum, which is opening in Kazan on Wednesday has attracted more than 20 Finnish companies, spokesperson of the Ministry of Industry and Trade of Tatarstan Rita Mingaleyeva told Itar-Tass.

“More than 20 Finnish companies have brought their innovative projects to be presented on stands in the Korston business centre,” the forum’s organising committee said. They represent the country’s priority sectors – power engineering and machine building, the environmental technology and industry modernisation technology, agriculture, construction, services, and education.

The hosts of the forum present about 40 of its leading companies, including the Alabuga special economic zone in which 25 domestic and foreign residents are registered, KAMAZ, Tatneft, Kazan Helicopter Plant, the Taneco oil refinery and the unique project of Innopolis – a science town for the IT technology specialists and their families, which is being built near Kazan on the Volga River.

Finland, according to President of Tatarstan Rustam Minnikhanov, is one of the “long-term partners for the republic.” During the first half of 2012, the trade turnover between Tatarstan and Finland increased 2.8 times, compared to the same period in 2011, and exceeded 406 million US dollars. The exports, including oil and oil products, accounted for nearly 400 million US dollars.