On July 22, 2010 the meeting and negotiations between administration of Krasnodar region represented by the vice-head of the region, the head of the Department of finance, budget and control Ivan Peronko and delegation of big business of Upper Austria headed by the president of the board of Raiffeisen-Landesbank AG Ludwig Scharinger took place.

The Department of investments and project support participated in the meeting devoted to cooperation of regional administration and Raiffeisen-Landesbank and attraction of the large companies of Upper Austria into realization of investment projects on the territory of the region.

At the meeting problems of participation of the Austrian business in realization of Olympic project and other large-scale projects, delivery of equipment and materials for building and processing branches of regional economy were discussed.

The largest and interesting investment projects on the territory of Krasnodar region were presented to the Austrian business.

Negotiations marked the beginning of three-day visit of the Austrian delegation to Kuban.