Lipetsk Region was formed in 1954. The region occupies the area of 24 thousand sq km or 0.14% of the total area of the Russian Federation. The regional capital is Lipetsk with the population of 508.2 thousand people, which is situated 400 km south of Moscow. As of January 01, 2011, the region's population was 1,171.3 thousand people including urban population of 746.2 thousand people (64%) and rural population of 425.1 thousand people (36%).
Lipetsk Region is situated in the center of the European Russia at the crossing of the major traffic arteries connecting the capital of the Russian Federation with the North Caucasus and western areas of Russia with the Volga region. The region is a part of the Central Federal District and borders on the Voronezh, Kursk, Oryol, Tula, Ryazan and Tambov regions.
The Region's territory is crossed by main railway lines connecting Moscow with the South Russian industrial centers such as Voronezh, Rostov, North Caucasus and Donbas, as well as with the Volga region and western cities, such as Oryol, Bryansk and Smolensk. Major railway nodes are Yelets and Gryazi.
The Lipetsk airport is equipped with the state-of-the-art SP-90N landing system which enables safe aircraft landing in adverse weather conditions. Construction of the cross-border checkpoint for international flights is now underway.
The Lipetsk Region has a well-developed communications infrastructure, including fiber-optic network, multiservice network, an entire range of telecommunication services and the regional system of information and analysis.
The region has mineral deposits such as limestone, dolomites, sands, clay and raw cement materials and is the first in raw carbonate deposits in the Russian Federation. There are substantial peat deposits in the region.
Thanks to its famous mineral springs and therapeutic muds, Lipetsk has been known as a resort city for a long time. 13 mineral wells are now in operation, giving over 1,500 cub.m of water per day.
Lipetsk Region includes areas with the preglacial relic vegetation such as Galichia Gora, Morozova Gora, Vorgolskie Skaly, Voronov Kamen, Plyushchan and Bykova Sheya. All these locations form the Galichia Gora state natural reserve.