ABSTRACT

This chapter provides all basic political, economic, and demographic data on a territorial unit of the Russian Federation, the Tver Oblast. Many important trade routes linking Moscow and St. Petersburg cross the oblast, stimulating its industrial development. Forests cover half of the oblast’s territory. The Konakovo Hydroelectric Power Plant and the Kalinin Nuclear Plant are the oblast’s largest industrial enterprises. Cattle breeding and flax dominate the oblast’s agriculture, with over 30 percent of the country’s flax grown in Tver Oblast. Oblast legislation favors both domestic and foreign investors and includes special laws on domestic investment and several legislative provisions for foreign investment. The oblast government also has taken measures to provide shareholders with greater accountability over enterprise management. The oblast administration also plans to establish a free economic zone around the airport which will grant lower customs tariffs to users.