Krasnodar - Economy

Economy

Krasnodar is the economic center of southern Russia. For several years, Forbes magazine named Krasnodar the best city for business in Russia. In the industrial sector of the city has more than 130 large and medium-sized enterprises.

The main industries of Krasnodar:

  • Agriculture and food industry: 42.8%
  • Energy sector: 13.4%
  • Fuel industry: 10.5%
  • Machine construction: 9.4%
  • Forestry and chemical industries: about 4%

In Krasnodar is a highly developed commercial area. Krasnodar has the largest turnover in the SFD. Retail trade turnover in 2010 reached 290 billion RUB. Krasnodar is the first in Russia in the number of malls (per capita). Note that in the crisis year 2009 turnover of Krasnodar continued to grow, while most of the cities showed a negative trend of circulation of goods.

Tourism comprises a large part of Krasnodar's economy. There are more than 80 hotels in Krasnodar.

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Famous quotes containing the word economy:

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
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