The Russian Arctic region in 2012 experienced a serious decline in industrial production. In total, industrial output in the region dropped 11,2 percent in the first nine months of the year, the latest Barents Monitoring report informs. Oil production, the by far most important part of the region’s industry, fell 11,7 percent, the report reads.
Also the construction industry saw a major drop (-47,3%) along with cargo transport (-2,1%).
Meanwhile, the region continues to deliver positive economic results. Salaries in the period increased by 16,6 percent to a total of 56596 rubles, which is among the highest regional averages in all of Russia. According to the monitoring report, unemployment continues to drop and now amounts to only 2,2 percent of the labor force.
At the same time, as previously reported by BarentsObserver, the regional balance account for the first nine months the year showed a surplus of one billion rubles (€24,5 million).
The population in the region increased by 174 individuals growth, mostly due to in-migration. The total regional population totals 42437.
Regular military relations between Norway and Russia have been halted for more than a year, but the two countries’ Coast Guard Services continue cooperate on protection of borders and resources in the Barents Sea.
August 9th, the Barents Region celebrated the UN International Day of the World’s Indigenous Peoples. The day was commemorated in several parts of the region, including Karasjok in Northern Norway and Teriberka in Northwestern Russia.
Sports in the Barents region have joined forces and established Barents Games. This weekend athletes from all over the region met in Oulu to compete in 14 differents sports during the Barents Summer Games. See our slide show from the competitions.