Economy
Smolensk Oblast is part of Russia's Central economic region. Industry in this district includes sectors such as engineering and metalworking (production of measuring and hydrometeorological devices, computer equipment, electrical appliances, refrigerators, automobiles, power-generating and store equipment, and aircraft manufacture), the chemical industry (production of ammonia, saltpeter, fertilizers, and plastics), light industry (production of clothing, and cotton and linen fabrics), the food industry, and brown coal and peat production.
Nearly 40% of the industrial production potential is concentrated in the city of Smolensk. Diamond cutting companies have the largest share of GDP. The largest of these companies is the Kristall State Unitary enterprise (GUP Kristall) in Smolensk. Smolensk is also a major center of the engineering and metalworking industries, with the instrument-making, electronics, electrical, and auto industries having the largest share of GDP among engineering companies.
Read more about this topic: Smolensk Oblast
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