Issue №3, 2016



Performance evaluation and improvement of support mechanism subjects of investment activity in the Komi Republic

N. V. Ruzhanskaya, State educational institution higher education «Komi Republican Academy of state service and administration» (Syktyvkar, Russia)

D.N. Popov, Federal State Budget Educational Institution of Higher Education «Syktyvkar State University named after Pitirim Sorokin» (Syktyvkar, Russia)

A. V. Kalina, Ministry of Economy of the Republic of Komi (Syktyvkar, Russia)


This article focuses on the research and assessment of the dynamics of performance indicators, as well as the vol-umes and sources of financing of investment activity in the Republic of Komi with the use of financial analysis and graphical methods. The paper studied the experience of the regions successful in attracting investment through the creation of the necessary conditions, proved the possibility of increasing the investment attractiveness of the Republic of Komi based on improving infrastructure to support in-vestment activity subjects, aimed at providing complex consulting and financial services, and ensuring the budgetary efficiency.

Keywords: investment activity, investment environment, targeted investment program, budget allocation, investments in fixed capital, support of investment activity subjects, infrastructure support of investment projects, the principle of «single window», the development of the cor-poration.


  1. Adresnaja investicionnaja programma Respubliki Komi [Targeted investment program of the Republic of Ko-mi]. Available at: (accessed 21.04.2016)
  2. Investicionnaja aktivnost' [Investment activity]. Available at: (accessed 04.2016)
  3. Investicionnyj klimat [Investment climate]. Available at: (accessed 21.04.2016)
  4. Infrastruktura podderzhki investorov [Infrastructure for investors]. Available at: (accessed 22.04.2016)
  5. Korporacija razvitija Kirovskoj oblasti [The Development Corporation of the Kirov region]. Available at: (accessed 23.04.2016)
  6. Nacional'nyj rejting sostojanija investicionnogo klimata v sub'ektah RF [National rating of investment climate in the Russian regions]. Available at: (accessed 22.04.2016)
  7. Ob investicionnoj dejatel'nosti na territorii Respubliki Komi. Respublikanskij zakon ot 28.06.2005 N 71-RZ (red. ot 02.11.2015) [On investment activity in the territory of the Republic of Komi. The Republican law No 71-RZ, June, 28, 2005 (ed. November, 02, 2015)]. Available at: (accessed 20.04.2016)
  8. Ob utverzhdenii investicionnoj deklaracii Respubliki Komi. Ukaz Glavy RK ot 19.12.2013 N 149 [On approval of the investment declaration of the Republic of Komi. Decree of the Head of the Republic of Komi No 149, December, 19, 2013]. Available at:;base=RLAW096;n=87444;dst=100001. (accessed 20.04.2016)
  9. О Korporacii [About Corporation]. Available at: (ac-cessed 21.04.2016)
  10. Panjagina A. E., Beketova A. M. Sravnitel'nyj analiz investicionnoj privlekatel'nosti Vladimirskoj oblasti [Com-parative analysis of investment attractiveness of the Vladimir region] // Sibirskaja finansovaja shkola. 2015. № 5. Рр. 131–136.
  11. Podmolodina I. M., Avcinov O. I. Povyshenie investicionnoj privlekatel'nosti regiona: opyt Voronezhskoj oblasti [Increase of investment attractiveness of the region: the experience of the Voronezh region] // Vestnik Voronezhskogo gosudarstvennogo universiteta inzhenernyh tehnologij. 2014. № 4. Рр. 226–230.
  12. Respublika Komi v cifrah: kratkij stat. sbornik. 2015 [The Republic of Komi in figures: a brief statistical collec-tion. 2015]. Komistat. Syktyvkar, 2015. 248 p.
  13. Semeshina N. T. Sovremennyj podhod k probleme ustojchivogo investirovanija [The modern approach to sus-tainable investing] // Sibirskaja finansovaja shkola. 2016. № 1. Рр. 92–95.
  14. Trofimov M. N., Kostyrja Ju. S. Sposoby povyshenija investicionnoj aktivnosti [Methods of increase of investment activity] // Izvestija Tul'skogo gosudarstvennogo universiteta. Jekonomicheskie i juridicheskie nauki. 2013. № 1–1. Рр. 13-18.
  15. Centr soprovozhdenija investicionnyh proektov [Center for support of investment projects]. Available at: (accessed 22.04.2016)  

For citation: Ruzhanskaya N. V., Popov D. N., Kalina A. V. Performance evaluation and improvement of support mechanism subjects of investment activity in the Komi Republic // Corporate governance and innovative economic devel-opment of the North: Bulletin of the Research Center of Corporate Law, Management and Venture Capital of Syktyvkar State University. 2016. № 3. Р. 68–79