(November 23rd 2016) The Italian businesses invest in Russia. It took place last week in Kaluga region – one of the most attractive for foreign investment, several Italian factories are based there – the mission is organized by Italian Embassy in Moscow and by Ice. The mission, which involved 23 companies from agricultural and food mechanical, chemical and pharmaceutical sectors, was also attended by Italian Cultural Institute, Confindustria Russia, GIM-Unimpresa and Italo-Russian Chamber of Commerce. The event consisted in meetings with leaders of the region and with Russian companies in B2B format, than in a visit to pharmaceutical plant Menarini – Berlin Chemie. “We know that our Russian friends appreciate the willingness to dialogue in our country – said Counselor Niccolò Fontana, Head of the Commercial Office of the Embassy-. Italy has always opposed to the insulation of Russia. Prime Minister Matteo Renzi was, in 2015, the first leader of the Western countries to travel to the country after the Ukrainian crisis.” “Among the various investment projects proposed by regional authorities to foreign companies – Fontana added – three were selected by Moscow ICE to be subjected to the Italian companies. These are two projects in the agri-food sector and one in the production of building materials, for a value of approximately 200 million euro “. An exhibition of photographer Angelo Frontoni and a wine tasting offered by International Vinitaly, was also organized during the mission. (Red)