[ Ru ] Today, April 22, 2013, the Head of Kalmykia Alexei Orlov met with businessmen from China. For the first time in Kalmykia Chinese businessmen have visited in the past year. Last year, Chinese businessmen wanted to see firsthand how the Kalmyks are living in Russia. (more…)

Photo exhibition

Photo exhibition “The hidden Republic – Pictures from Kalmykia” was opened in Denmark. Kasper Boye told about Kalmykia.

Kalmykia is Europe’s only Buddhist nation. It is located on the North Caucasus – with almost equidistant to the Black Sea in the west, the Caspian Sea in the east, Volgograd (formerly Stalingrad) in the north and the conflict-ravaged Chechnya in the south.

Kalmykia is a republic in the Russian Federation. They have their own parliament, but the political leader appointed from Moscow. (more…)

The President of the World Chess Federation and ex-president of Russia’s Republic of Kalmykia, Kirsan Ilyumzhinov is reportedly going to set up a $10 billion investment fund with UK major Ashmore Group.

Ex-president of Russia’s Republic of Kalmykia Kirsan Ilymzhinov and Ashmore CEO Mark Coombs signed an agreement in London, reports Kommersant Daily. The joint fund would develop projects in Russia, CIS and East Asian countries such as Malaysia, Singapore and Japan, focusing on energy, telecommunications, metals and food industries.

The initial capital of the fund would be $1 billion, and then it would be increased up to $10 billion. The fund plans to attract foreign investment (more…)

Head of the Republic of Kalmykia Alexey Orlov held a meeting on the implementation of the investment project to build wind power plants in the Republic of Kalmykia.

The meeting was attended by representatives of JSC “Falcon Capital”, the Chairman of the Government of the Republic of Kalmykia Lyudmila Ivanova, Minister of Energy and Housing and communal services of the Republic of Kalmykia Nelly Tkacheva, Deputy Chairman Tariff Service (more…)

Today, April 12, 2012, the head of the Republic of Kalmykia Aleksey Orlov met with President of Slovenian corporations RIKO GROUP Joza Dragan.

In the future, investors from RIKO GROUP (more…)

Last days in the Republic of Kalmykia, a delegation from Iran consisting of: Mr. Mohammad Sadegh Kaveh, CEO of MJ Kaveh Group, and Mr. Karimi Hadi, director of production company.

During the visit, Iranian businessmen (more…)

October 20, First Deputy Prime Minister of the Republic of Kalmykia, Ilyumzhinov Vyacheslav met with the CEO of “Delimit” by Nicholaj Strashko and company representatives CHECK FARM (UK) David Summerland and Tomasz Vabich. (more…)

Today, October 12, 2011, the head of the Republic of Kalmykia Alexei Orlov, met with President of Slovenian corporations RIKO GROUP Joza Dragan and the Moscow representative of the corporation Imad Khoury.

It was about building in the Republic of Kalmykia processing plants meat and grain. After a preliminary agreement in Moscow on the Slovenian side arrived in Kalmykia for further discussion of projects. In addition, prospective investors are prepared to work in the Republic of Kalmykia of the industrial production of starch. (more…)

September 27 President of Kalmykia, Alexey Orlov, held a meeting with the Minister of Housing and Energy of the Republic of Kalmykia Nelly Tkacheva and representatives of “The Dominant-Energy”: Director General Vadim Peregudov, assistant vice-president Paul Frolov, and Director of the company in the Southern Federal District Nugzar Mdinaradze. (more…)

The Government of Kalmykia and the Austrian company Diamond Aircraft intend to establish a joint venture for assembling light-engine airplanes in the Kalmykia republic.

July 3, AVIA.RU – The Government of Kalmykia and the Austrian company Diamond Aircraft intend to establish a joint venture assembly of light-engine aircrafts in the republic, hoping to come up with this product to the private market and in the small special aviation field, informs the newspaper “Kommersant” in Volgograd.

The Austrian company Diamond Aircraft is considering building a factory in the territory of Kalmykia’s to assembly light-engine aircraft, manufacturing of aircraft propellers and wings for wind power mills. Diamond Aircraft visited the Kalmykia republic on a working visit and met with local authorities (more…)

Rosenergomash Concern has become the General Sponsor of Chess Candidate Matches-2007 to be conducted in Elista (the Kalmyk Republic) from 26 May to 14 June 2007. Sixteen grand masters will compete for four vouchers to attend the Mexican World Championship. A magnificent entry list for these candidate matches forecasts a most interesting competition at all stages; the chess fans will be most pleased to watch games and support their favourite masters.

According to Vladimir Mironovich Palikhata, the President of Rosenergomash Concern, (more…)

From Hannover to Elista – with a new plant. The largest international exhibition of industrial innovations, the Hannover Industrial Trade Fair was closed last week in Germany.

This year was the exhibition’s 60th anniversary was celebrated by over 6,400 business participants from 60 countries, including Russia. (more…)

Rosenergomash entered Kalmykia investing EUR 10 million in a new plant. Russian small power-plant engineering, which has up to now been in stagnation, is recovering. At the end of the last week Rosenergomash Concern and Kalmykia signed an agreement for construction of an electrical engineering plant on the Kalmyk territory for EUR 10 million. The experts believe that the number of these enterprises will be growing with the increase in demand for small power-plant engineering products by 25 % per year and the industry consolidation prospects.
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Rosenergomash Concern and the Kalmyk Republic Government commence construction of a new electrical engineering plant.

Kirsan Ilumzhinov, the Head of the Kalmyk Republic, the President of the World Chess Federation (FIDE), and Vladimir Palikhata, the President of Rosenergomash Concern, signed an agreement for construction of Elista Energomash plant at the Hannover Industrial Trade Fair.

Russian Rosenergomash Concern and the Government of the Kalmyk Republic signed an agreement for construction of Elista Energomash plant to manufacture electrical engineering equipment in Kalmykia at the world’s largest International Industrial Trade Fair in Hannover (Germany). This agreement (more…)

The Russian republic of Kalmykia and the Czech company Falcon Capital plan to build three wind farms in the republic at a total cost of over 150 million Euro, Kalmykia Economics Minister Vladimir Sengleev told journalists in Elista.

He said Kalmykia President Kirsan Ilyumzhinov and Falcon Capital CEO Jozef Cimbora signed an agreement of intent in Prague last Friday to implement an investment project to produce electricity in Kalmykia at wind plants with a total capacity of 150 megawatts. (more…)