There are deposits of peat, limestones, quartz and construction sand, brick and tile clays, sand-gravel materials, sapropel, mineral paints, fresh groundwater, curative mud and other natural resources.
The total area of forest occupies 60% of the region’s territory – it is 65% of soft-wooded broad-leaved and 35% of coniferous plants.
Because of rich cultural heritage coupled with abundant natural resources and advantageous location between Moscow and Saint Petersburg Novgorod region is one of the most attractive regions in terms of tourism development in Russia.
Climate in Novgorod region is favorable for industrial crop farming. The cultivation area structure consists of forage, wheat, potatoes, oat, barley, open ground vegetables and triticale. Greenhouse vegetable production is developing as well.
Dairy and beef farming are the locomotives of the region’s livestock farming. Investment sites for meat stockbreeding development are created in each area.
There are 6 priority sites with a total area of more than 1000 hectares for cranberries and blueberries cultivation. Both cultures are classified as a new trend “superfood” because of high content of vitamins. All the necessary capacity for construction of processing plant is available next to the sites.