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The festival is named after Valery Gavrilin, the great Russian composer, People's artist of Russia who was born in Vologda.

The event is held annually with the aim of strengthening interregional and international ties in the timber industry. It is organized by the Vologda Oblast Government, Department of Economic Development of the Vologda Oblast, Cherepovets’ city hall, Cherepovets Information Agency, Agency for Urban Development and the Association of Wooden House-Building of the Vologda Region.

Silver Necklace of Russia is a unique tourism product (brand) consisting of chain of routes crossing ancient Russian cities with unique historical and cultural heritage of Northwest Russia. The Silver Necklace of Russia is a tourist project across 11 regions of the Russian Federation.