Vladivostok - Economy

Economy

The city's main industries are shipping, commercial fishing, and the naval base. Fishing accounts for almost four-fifths of Vladivostok's commercial production. Other food production totals 11%.

A very important employer and a major source of revenue for the city's inhabitants is the import of Japanese cars. Besides salesmen, the industry employs repairmen, fitters, import clerks as well as shipping and railway companies. The Vladivostok dealers sell 250,000 cars a year, with 200,000 going to other parts of Russia. Every third worker in the Primorsky Krai has some relation to the automobile import business. In recent years, the Russian government has made attempts to improve the country's own car industry. This has included raising tariffs for imported cars, which has put the car import business in Vladivostok in difficulties. To compensate, Prime Minister Vladimir Putin ordered the car manufacturing company Sollers to move one of its factories from Moscow to Vladivostok. The move was completed in 2009, and the factory now employs about 700 locals. It is planned to produce 13,200 cars in Vladivostok in 2010.

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