Russian Arctic Resident opened year-round country hotel
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Russian Arctic Resident opened year-round country hotel

August 28, 2023

Titovka Arctic River Park in the Murmansk region is already hosting tourists.

#ARCTIC. #SIBERIA. THIS IS TAIMYR. The Studeny Bereg company built a year-round country hotel in the modern Arctic style in the Murmansk region. The new hospitality facility is located on the banks of the Titovka river and has its own outlet to the Barents sea.

The project was implemented by a resident of the Russian Federation Arctic zone (AZRF) under an agreement with the Far East and the Arctic Development Corporation (FEADC). The investor has invested more than 150 million rubles and created 25 jobs.

According to the press service of the FEADC, 12 chalets ranging from 35 to 65 square meters with panoramic windows and terraces are decorated using natural materials and furnished with author’s wooden furniture. On an area of 96 hectares, additional modular houses and a restaurant are being built, small architectural forms and installations have been installed.

For breakfasts, lunches and dinners, a tent has been set where you can try seafood from the Barents sea, cod with cloudberry sauce, a salad of different varieties of kelp or venison with lingonberry sauce.

On the territory there are two wood-fired saunas, heated outdoor pools with hydromassage, with water from an artesian well and a cold font with sea water. Hunters for good shots can climb to the observation deck at an altitude of 187 meters above sea level.

About 50 people can stay at the Titovka Arctic River Park Country Hotel year-round and around the clock in the all-inclusive mode. Guests will be provided with a transfer from Murmansk airport and entertainment: catching cod, flounder and catfish, photo hunting for whales from a board of a speedboat or a fishing seiner, hiking trails or driving ATVs along the rocky shores of Motovsky bay.

“Thanks to benefits for the Russian Arctic residents, we were able to make this unique place even brighter and more beautiful, while preserving the natural originality and natural landscape. We received a land plot for rent without bidding and tried to provide for all the tastes and requests of guests who choose our northern region for recreation”, said Ruslan Taran, director of Studeny Bereg LLC.

According to the FEADC statistics, on average, from 10 to 40 new companies monthly join the ranks of the world’s largest economic zone – the Russian Arctic – residents with preferential business conditions.

One of the most significant support measures for investors who create new jobs is the payment of the costs of calculated insurance premiums at the expense of subsidies. The final burden on insurance premiums for large businesses is 7.5 percent, for small and medium – 3.25.

Today, 185 residents of the Russian Arctic receive such support towards five thousand employees. On average, they save 14 thousand rubles a month for each new employee. The total amount saved exceeded 948 million rubles. This allows the business to offer higher competitive salaries or provide other incentives to attract skilled workers.

We previously reported that an Indian investor in the Arctic will launch pharmaceutical production. With the support of the Norilsk Development Agency, 22 entrepreneurs became residents of the Arctic.

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Text: Victor Tsaryov, Photo: FEADC press service

August 28, 2023

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