"The creation of a modern, multifunctional enterprise in Arkhangelsk is not simply the launch of a production line, but the formation of a new center of excellence in the field of heavy engineering services and metalworking. Thanks to state support for residents—preferential tax rates on profits and property, the ability to obtain land without bidding, and reimbursement of insurance premiums when creating new jobs—business in the region is developing, becoming profitable, and creating a new sustainable environment for people to live comfortably," noted Elizaveta Luzina, Deputy Director of the Investment Project Support Department for the Arctic Zone of the FEDC.