Lake Peipus Lake Peipus Lake Peipus (; ; ) is the largest transboundary lake in Europe, lies on the border between Estonia and Russia. The lake is the fifth-largest in Europe after Lake Ladoga and Lake Onega (in Russia north of St. Petersburg), Lake Vänern (in Sweden), and Lake Saimaa (in Finland). Lake Peipus represents a remnant of a body of water which existed in this area during an Ice Age. It covers , and has an average depth of , the deepest point being . The lake has several islands and consists of 3 parts: The lake is used for fishing
Novaya Ladoga rights were granted to it in 1704. The newly founded town grew in importance in connection with construction of the Ladoga Canal and Volga-Baltic Waterway in the 18th and 19th centuries. In 1719, Novaya Ladoga was included to St. Petersburg Governorate. In 1727, separate Novgorod Governorate was split off, and in 1773 Novoladozhsky Uyezd, with its seat in Novaya Ladoga, was established. In 1776, the area was transferred to Novgorod Viceroyalty and in 1781, it was moved back into St. Petersburg Governorate. On December 9, 1922, the administrative center of the uyezd was moved to the "selo" of Gostinopolye, which