Economics of Ekaterinburg Russia
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The biggest Industries of Ekaterinburg (and Ural as well): Metallurgy, Food production, Machinery and Equipment, Electric equipment, Chemical production. (see list of Producing companies of Ekaterinburg) For the volume of trade, Yekaterinburg – is №3 city after Moscow and St.Petersburg. The average salary in Yekaterinburg 2007 was 17.000 rubles/month. The amount of foreign investments in 2007 comprised 1230,4 million US dollars. The major investors are: Germany, Great Britain, USA, Slovenia, Sweden, Holland, and Cyprus. The companies actively working in Ekaterinburg: PHILIPS, ABB, HEINEKEN, LUFTHANSA, COCA-COLA, PEPSI, ARINSTEIN, AREVA, VOLVO, AUDI. Transnational companies: Metro Cash&Carry, IKEA, Aushan, Ramstor, OBI, McDonalds. Banks: VTB, Raiffeisen Bank Austria, Bank Sosiete General Vostok, Finans International Holding N.V., Home Credit, City bank, AIG life. Branch offices: FS, Banca Intesa, EBRD, Allianz Life & Finance, «ABH Financial Limited», General Electric. In the nearest future of Ekaterinburg: 1) June 2009 - SCO Summit will be held in Ekaterinburg. (The Shanghai Cooperation Organization) 2) Completion of construction of Eurasian Transport-Logistics center (150.000 square km, amount of investments: USD200.000.000). 3) Reconstruction of the Central Stadium (works started in May 2007) by Hansa Co., (1400 million rubles) 4) New living district : Akademicheskiy – 9 million square meters for 325000 people, on the area of 1300 hectares. (should be complete by 2025) 5) Competition of business district: Ekaterinburg-City, area: 400.000 square meters, 12 buildings among which Hotel Hyatt (already complete) 2 office buildings 35 floors, 2 office buildings 45 floors. Project by “Valode & Pistre” (France) 6) In 2009, will be finished new freight terminal of Koltsovo airport (SVX) and new terminal for domestic flights. 7) New International Exhibition Center – 2 buildings 36 storeys each in the center of Ekaterinburg. (78.000 square meters, USD200 million) |
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