Nizhny Tagil - Economy

Economy

Nizhny Tagil is a large industrial center of the Middle Urals. Such highly power-intensive industries as ferrous metallurgy, engineering, chemistry, and metal working are well-developed in the city. A total of 606 manufacturing companies operate in Nizhny Tagil.

Nizhny Tagil Iron and Steel Plant (Nizhnetagilsky Metallurgichesky Kombinat, NTMK) is a leading Russian steel company.

Uralvagonzavod (UVZ) is well known in Russia as the main producer of modern tanks on the territory of the former Soviet Union. The T-72, T-90, and T-95 are produced in the city.

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