INDUSTRY

As a part of the Ural economic region, Perm has great industrial potential. Of 75 regional centers in Russia Perm ranks ninth in total industrial output.

Machine building and metallurgy, metal fabricating and oil refining, woodworking and timber processing, food and other light industries play leading roles in the city's economy.

More than 80% of the industrial production in machine building and metal fabrication in Perm region is concentrated in the city of Perm. These businesses specialize in various military and space technologies, equipment for oil and gas extraction, mining and chemical enterprises, transportation and the manufacture of electrical supplies.

The largest plants are Perm Motors Stock Company, one of the leading aircraft engine producers in Russia; Motovilikho Factories Stock Company, known for its steel rolling and machinery; the Velta Plant, manufacturing bicycles and spare parts for automobiles; and the Perm Instrument Making Company, which is famous for its river and maritime navigation systems and various electrical appliances (drilling machines, hammers, etc.)

Perm is an important center of the Russian chemical industry. Many kinds of paints, detergents, and oil refining products are produced here. Lukoil, Russia's largest oil producer and refiner, has several refineries nearby. Galogen, Sorbent, Kamtex, and several other major chemical manufacturers have plants in the region.

Because of the rich forest resources of the region, the timber industry is also highly developed. There are a few wood and pulp processing plants, as well as wrapping paper and packaging enterprises, including those producing high quality paper and printing products.

161 Perm enterprises export goods into 53 countries outside the former Soviet Union as well as to ten CIS countries. They export airplane and helicopter engines, crude oil and fertilizers, acids and salts, cables and generators, power saws and telephones, forestry products and electrical machines, and much much more.

Because almost all branches of industry are represented here, many economists consider Perm to be the most well developed area of the country. Until recently the majority of enterprises were associated with the defense industry. Some still are. But with the conversion to greater civilian production, many of them have begun to develop new technologies and products. The wide range of educational and research institutions and universities in Perm serves as a firm foundation for future successful changes.

There is much more to say about Perm industry. We invite you to visit our city and investigate its potential to benefit you.