Perm - Economy

Economy

Perm has the largest industrial output among cities in the Urals, ahead of Yekaterinburg, Chelyabinsk and Ufa, although Perm has a smaller population than these. 35% of Perm Oblast's industry is located in Perm. The largest industries in the city are electric power engineering, oil and gas refining, machine building, chemicals and petrochemicals, forestry processing, printing and food industry.

Several major industrial companies are located in Perm. Engine-makers Perm Motors and Aviadvigatel are among the major players of the Russian aircraft industry. Rocket engine company Proton-PM will mass-produce the RD-191 engine for the upcoming Angara rocket family. In electric engineering, Morion JSC and Perm Scientific and Industrial Group, along with Perm Electrical Engineering Plant are the leading companies. JSC KAMKABEL is Russia's largest exporter of cables and wires. Oil-refining and natural gas processing are also among the city's leading industries. The largest companies in this sector are LUKoil-Perm Ltd., and LUKoilPernefteprodukt Ltd.

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