The Vologda Region is situated in the north of the European part of Russia and belongs to the entities of the Northwestern Federal District. The region borders on the Arkhangelsk, Kirov, Kostroma, Yaroslavl, Tver, Novgorod, Leningrad Regions and the Republic of Karelia. The city of Vologda is a regional center. Cherepovets is the largest industrial center.
- Total area – 144,527 km2.
- Population – more than 1.2 mln people.
- Gross domestic product – about 252 billion rubles.
The Vologda Region has an advantageous geographical location, being situated in 500 kilometers from Moscow and 650 kilometers from Saint-Petersburg. Thus, in the close radius there is concentrated a large consumer base in amount of 50 mln people.
In the region there are all kinds of transport lines: railways, federal motor roads, which include А114, М8, the Volga-Baltic Waterway, air corridor between the major cities of Russia.
The strong basic sector of the regional economy is the metallurgical and chemical industries of Cherepovets. The region's dominant industries also include machine building, metalworking, timber, woodworking and pulp and paper industries. The light industry is represented by the primary flax processing, as well as lace, sewing and knitting manufactures.
The region is rich with the natural resources such as land, water, forest. In agriculture the leading role belongs to the dairy farming, in fuel and energy complex the main place is taken by the energy industry.