Economy_of_Kazan

Economy of Kazan

Economy of Kazan

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Kazan is one of the largest industrial and financial centres of Russia, and a leading city of the Volga economic region in construction and accumulated investment.[1] Total banking capital of Kazan banks is third in Russia.[citation needed] The main industries of the city are: mechanical engineering, chemical, petrochemical, light and food industries. An innovative economy is represented by the largest IT-park in Russia which is one of the largest of its kind amongst Eastern Europe science parks.[2][3] Kazan ranks 174th (highest in Russia) in Mercer’s Worldwide Quality of Living Survey.[4]

Kazanorgsintez chemical plant
Korston-Kazan [ru] with local World Trade Center
Tupolev Tu-160 strategic bomber built by Kazan Aircraft Production Association
Tupolev Tu-204 airliner built by Kazan Aircraft Production Association
Mil Mi-17 middle helicopter built by Kazan Helicopters
Mil Mi-14 amphibious helicopter built by Kazan Helicopters
Mil Mi-38 intermediate helicopter built by Kazan Helicopters
Kazan Ansat light helicopter built by Kazan Helicopters
Kazan Aktai ultralight helicopter built by Kazan Helicopters

Macroeconomics

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Plant facilities

Several Top-500 Russian companies[9] are headquartered within city boundaries:

  • TAIF (192,10 bln rub. annual receipt)
  • Tatenergo (47,13 bln rub.)1
  • Kazanorgsintez (21,19 bln rub.)
  • Transtechservice (14,87 bln rub)
  • Vamin (9,7 bln rub.)

There are 151 large- and middle-scale enterprises in Kazan city, 98 of them are JSCs. Main industries are: machinery construction, chemicals and petrochemicals, light and food industries. Factory shipments in 2008 year total 94,8 bln rub.

Main enterprises of the city:

"Kazanorgsintez" JSC produces 38% of Russian polyethylene. It also produces a large variety of petrochemical and chemical products.

KAPO currently produces the Tu-214 passenger plane and the Tu-160 strategic bomber. There are also plans to start producing Tu-334 regional airliners and Tu-330 freighters.

Produces "Mi" helicopters.

  • Kazan State Powder Mill

Founded in 1788.

  • Kazan optical mechanics plant
  • Kazan motors building production association
  • "NEFIS-cosmetics" JSC (Kazan chemical complex)

Produces a large variety of cleaning agents

  • Kazan brewery

Is a proper of EFES group.

  • Kazan medical apparatus plant
  • Kazan rubber plant ("KVART" JSC)
  • Kazan heat devices plant
  • Kazan artificial leather plant

Banks

Largest banks of Kazan city are:

  • Ak Bars Bank — net wealth for 01.10.08 — 190 bln rub.[10]
  • Tatfondbank — 40 bln rub.
  • "Kazansky" bank — 10 bln rub.
  • "Spurt" bank — 9,4 bln rub.
  • Energobank — 9,0 bln rub.
  • Intechbank — 5,6 bln rub.
  • "Ipoteka-invest" — 3,6 bln rub.
  • "Zarechye"
  • Tatecobank
  • Tatinvestbank
  • Akibank
  • BTA-Kazan
  • Alfabank

Tourism

A unique combination of historic city and modern megalopolis attracts tourists to Kazan. More than 1,000,000 tourists visited Kazan in 2010.[11] Kazan Kremlin attracts more than 200,000 tourists per year.[12] There are more than 83 hotels (5700 accommodations) in the city,[13] including:

Riviera resort hotel
Grand hotel
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Construction

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References

  1. "(in Russian) Об основных итогах социально-экономического развития г. Казани за 2008 год и перспективах на 2009 год". Archived from the original on 2010-03-06. Retrieved 2011-02-05.

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This article uses material from the Wikipedia article Economy_of_Kazan, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.