Economy of Kazan

Kazan is one of the largest industrial and financial centres of Russia, and a leading city of the Volga economic region in construction and accumulated investment. Total banking capital of Kazan banks is third in Russia. The main industries of the city are: mechanical engineering, chemical, petrochemical, light and food industries. An innovative economy is represented by the largest IT-park in Russia which is one of the largest of its kind amongst Eastern Europe science parks. Kazan ranks 174th (highest in Russia) in Mercer’s Worldwide Quality of Living Survey.

Macroeconomics

Main indicators of 2008

Indicator	Value	Gross to 2007
Total output volume, rub	123,6 bln.	107,4 %
Employed, inh.	565 000
GRP, rub	271,3 bln	105 %
Average income, rub	17 300	134 %
Retailing turnover, rub	211 bln	120,5 %
Investions, rub	102 bln
Expenditure, rub	18,361 bln
Revenue, rub	17,76 bln
Deficit, rub	0,601 bln

Plant facilities

Several Top-500 Russian companies are headquartered within city boundaries:

• TAIF (192,10 bln rub. annual receipt)
• Tatenergo (47,13 bln rub.)
• Kazanorgsintez (21,19 bln rub.)
• Transtechservice (14,87 bln rub)
• Vamin (9,7 bln rub.)

There are 151 large- and middle-scale enterprises in Kazan city, 98 of them are JSCs. Main industries are: machinery construction, chemicals and petrochemicals, light and food industries. Factory shipments in 2008 year total 94,8 bln rub.

Main enterprises of the city:

• Kazanorgsintez

"Kazanorgsintez" JSC produces 38% of Russian polyethylene. It also produces a large variety of petrochemical and chemical products.

• Kazan State Powder Mill

Founded in 1788.

• Kazan helicopters plant

Produces "Mi" helicopters.

• Kazan Aircraft Production Association

KAPO currently produces the Tu-214 passenger plane and the Tu-160 strategic bomber. There are also plans to start producing Tu-334 regional airliners and Tu-330 freighters.

• Kazan optical mechanics plant
• Kazan motors building production association
• "NEFIS-cosmetics" JSC (Kazan chemical complex)

Produces a large variety of cleaning agents

• Kazan brewery

Is a proper of EFES group.

• Kazan medical apparatus plant
• Kazan rubber plant ("KVART" JSC)
• Kazan heat devices plant
• Kazan artificial leather plant

Banks

Largest banks of Kazan city are:

• Ak Bars Bank — net wealth for 01.10.08 — 190 bln rub.
• Tatfondbank — 40 bln rub.
• "Kazansky" bank — 10 bln rub.
• "Spurt" bank — 9,4 bln rub.
• Energobank — 9,0 bln rub.
• Intechbank — 5,6 bln rub.
• "Ipoteka-invest" — 3,6 bln rub.
• "Zarechye"
• Tatecobank
• Tatinvestbank
• Akibank
• BTA-Kazan
• Alfabank

Tourism

A unique combination of historic city and modern megalopolis attracts tourists to Kazan. More than 1,000,000 tourists visited Kazan in 2010. Kazan Kremlin attracts more than 200,000 tourists per year. There are more than 83 hotels (5700 accommodations) in the city, including:

File:Kazan Hotel Riviera.jpg

Riviera

File:Grand Hotel Kazan.jpg

Grand Hotel

Stars Hotel name * * * * * Mirage * * * * Courtyard Kazan * * * * Bon Ami * * * * Grand Hotel * * * * Giuseppe * * * * Korston * * * * Riviera * * * * Suleiman Palace * * * * Shalyapin Palace * * * * Park Inn * * * Ryan Johnson * * * Amax-Safar * * * Bulgar

Stars Hotel name * * * Volga * * * Gulfstream * * * Derbyshky * * * Dusliq * * * Ibis * * * Kolvy * * * Novinka * * * Teatral'naya mansion * * * Premium * * * Prestige House * * * Polyot * * * Regina (network) * * * Hayall

Construction

Apartment house construction (thousands m²)

Year	Value
2000	541.8
2003	611.3
2004	874.7
2005	632.0
2006	729.6
2007	742.3
2008	902
2009	723
2010	770