Economy and Transportation
Even though it could do with modernizing, the region's industries are quite diverse. 12% of Russia's iron and steel industry is still concentrated in Sverdlovsk oblast. Iron and copper are mined and processed here, the logging industry and wood-processing are important, too.
Yekaterinburg is a prominent road, rail and air hub in the Urals region. As the economic slump subsided, several European airlines started or resumed flights to the city. These include Lufthansa, British Airways, CSA, Turkish Airlines, Austrian Airlines and Finnair. Malév Hungarian Airlines used to be among those carriers but they had to drop their flights to SVX (IATA airport code for Sverdlovsk) after a few months.
The Alapaevsk narrow-gauge railway serves the communities around Alapayevsk
Read more about this topic: Sverdlovsk Oblast
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)