Russia’s entry into the EU bio-fuel market is going to be the basis for further co-operation, beneficial for all parties involved. While the EU gets the access to relatively inexpensive renewable energy source, the investments from the EU members would help Russia to develop the branch of renewable fuel industry creating workplaces in rural areas and to accumulate financial resources for implementation of the new efficient biomass conversion technologies and energy bio-products transportation. It is supposed that wood biomass based energy production requires several times more workplaces per energy unit than that using conventional petroleum derived fuels [9]. Since unemployment in the Eu countries is also a serious problem, a certain number of workplaces in biofuel industry should be created there. However taking into account enormous difference of salary rates in Russia and the EU, it is advisable to perform most of labour-demanding operations in rural areas of Russia.