Penza, 29 December 2014. PenzaNews. The Penza “Rameev” technology park which has been under construction on Tsentralnaya street since 2011 is now operating at full capacity.

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Last Saturday, December 28, the minister of Communications Nikolai Nikiforov and the Penza region governor Vasily Bochkarev took part in a grand opening ceremony of second- and third-tier equipment of the technology park that have been completed in 2014.

The Minister of Communications took the opportunity to evaluate the production potential of the technology park in person and see the fruits of labor of its residents, such as one-of-a-kind high-end medical equipment.

“‘Rameev’ technology park was constructed as part of the federal program aimed to create such organizations all over Russia. Numerous buildings of over 45 thousand sq. meters are located on a landplot of 6.8 ha. 2.53 billion rubles were allocated for the project from federal and regional budgets. The technopark is named after Bashir Rameev, a scientist and an inventor who created ‘Strela’ and ‘Ural-1,’ the first Soviet computing machines,” the press service of the Ministry of Communications informed PenzaNews agency.

According to the authorities, the currently working buildings of the technology park now house 10 resident companies who earn about 30 million rubles a year and employ 96 high-quality professionals.

“The main fields of work of our residents are modern technologies for medicine, information research and cosmetics,” the press service reported.

The 2007-2014 federal program “Creation of high-end technology parks in the Russian Federation” helped institute a chain of technology parks with a total size of over 400 thousand sq. meters that generated 18 thousand jobs and housed 747 resident companies with joint annual profit of about 32 billion rubles.

In the years following the program, the regions must ensure the economic targets in technology parks ecosystem development and functionality are successfully reached.

According to the plans, technology parks must be no less than 90% occupied and reach no less than 55% budget effectiveness rating; at the same time, resident companies must earn no less than 12% of their profits through technology export.