The existing economy structure has historically developed with a view to a powerful production potential, a convenient geographic location, and the availability of qualified personnel. More than 94,000 business entities with all forms of ownership have been registered within the Chelyabinsk Oblast.
Ferrous and non-ferrous metals industry
These are the leading sectors of the Chelyabinsk Oblast that are unequalled in Russia.
The key areas of metals production in the Chelyabinsk Oblast are:
The key target of the Chelyabinsk Oblast metals industry development is to perform the upgrade of works and start producing import-substituting products as soon as possible.The Magnitogorsk Iron & Steel Works is the leader of the modernization. 35 billion Rubles have been allocated for the construction of a new workshop with a 5000 rolling mill for the production of large diameter pipes and a continuous casting machine for prefabs.
The industry includes plants that produce transportation machines, railway rolling stock – locomotives, tram cars, metals production equipment, tractors, cargo vehicles, process equipment, rocket-and-space equipment, and electrical products.
The Oblast has 7 operational power generation plants that make it possible to cover more than 70% of the region’s total electric power requirements. All the power is generated by heat power plants that run on coal and fuel oil. The total capacity of power generation plants that are located within the Chelyabinsk Oblast is nearly 5,000 MW.
The share of agricultural industry sector in the gross regional product amounts to nearly 10%. The Oblast ranks 4th in Russia in terms of annual poultry breeding output volume – 137 thousand tons of meat. Livestock farming (55.2%) and crop production (44.8%) account for the major part of agricultural industry products.
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