Bronnitsy - Economy

Economy

The largest employer in Bronnitsy, a jewellery factory, dates back to a cooperative established in November 1924. According to the factory's website, at that time all local craftsmen processed no more than 100 kilograms (220 lb) of gold per annum, compared to present-day four metric tons per annum. The cooperative was reformed into a factory in 1956; in 1963 it absorbed another former cooperative from nearby Sinkovo. The factory relocated into its current buildings, constructed since 1968, in 1972. According to its website, it employs around seven hundred people in Bronnitsy alone, or 10% of the town's workforce.

NII-21 (21st research institute of the Ministry of Defence) is Russian military's primary facility for testing wheeled vehicles. Establishment of NII-21 in the 1950s was followed with much-needed professional training facilities; Moscow Motorway Institute (MADI) operates a branch in Bronnitsy since 1959.

The town's revenue for 2010 is set at around fifteen million US dollars; around half of it is collected locally through taxes, the balance is remitted from regional and federal funds. In 2009 fraud in the city hall became a subject of criminal case; deputy mayor committed suicide in jail.

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