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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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.”
—Friedrich Nietzsche (1844–1900)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)