Novosibirsk - Economy

Economy

Novosibirsk is a large industrial center. The industrial complex consists of 214 large and average sized industrial enterprises. These produce more than two thirds of all industrial output of the Novosibirsk region. Leading industries are the electric power industry, gas supply, water supply, metallurgy, metal working, and mechanical engineering.

According to the television station RBC Novosibirsk took third place in 2008 in the list of the cities of Russia most attractive to business (in 2007 it was placed thirteenth).

Before the relocation of its headquarters to Ob, S7 Airlines had its head office in Novosibirsk.

The headquarters' of a number of large Russian companies are located in Novosibirsk:

  • RATM Holding
  • Belon
  • The Siberian coast» Food Company (until 2009)
  • NETA IT Company (Retail, System Integrator, Software Sales)
  • Parallels IT Company (Software for virtualization)
  • Inmarko Food Company
  • Siberian Food Corporation
  • Electro-vacuum plant (the largest glass bottles factory in Asian part of country)

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Famous quotes containing the word economy:

    Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.
    Ralph Waldo Emerson (1803–1882)

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    Jane Jacobs (b. 1916)

    I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.
    Calvin Coolidge (1872–1933)