Rostov region as an administrative body was founded in compliance with the Provision of the Central Committee of the USSR on September 13, 1937. The territory of Rostov Region is some 100.8 thousand square kilometers and equals to the territories of Belgium, the Netherlands and Denmark taken together.
Rostov Region borders with Voronezh and Volgograd Regions, Stavropol and Krasnodar Regions, the Republic of Kalmykiya and Ukraine.
Rostov stands out from other Russian regions by its high scientific, industrial, resource and financial potential.
The Region’s economic development is based on such factors as its favourable geographic position (the region brings together central Russia, the North Caucasus and Transcaucasia), abundance of natural resources, traditionally favourable conditions for development, excellent human labour resources and a well-developed transportation infrastructure.
By the pace of economic reforms in recent years, the volumes of production the region occupies one of the leading positions both in the Southern Federal District and in Russia.
The region is surrounded by economically advanced territories: Donbass in the West, the central part of Russia in the north and northeast, the Volga region in the east and the Caucasus in the south. Country’s richest coal, oil and gas fields, metallurgy, machine-building, chemical and agricultural centers are situated only 1.0 to 1.5 thousand kilometers from the region’s borders. A lot of the goods delivery through the territory of Rostov Region.
The Don river flows across the territory of the region. The Don is one of the largest rivers in Europe with numerous branches and tributaries.
Rostov region possesses large coal reserves. Eastern Donbass coal, mainly anthracite, is world’s the best coal by the level of calorie content.
Mineral reserves are used in metallurgy and construction materials production. The explored natural gas reserves are estimated at around 56.2 billion cubic meters.
The timber resources of the region are rather scarce, with forest covering only 2.8% of the region’s territory. These forests have mainly water and environmental protection functions.
The recreational resources include summer. These resorts are rich in mineral waters and have good potential for international tourism development.