Economic and business potential

Here, 80 percent of the industrial potential of the oblast are concentrated, all most important main transport lines of the country intersect. Enterprises of processing industries provide 95% of the total production volume. The leading industries are machine-building and metal-processing. Today production in the Region includes electric generators for turbines, metal-cutting and wood-processing machines, textile machines, polyvynilchloride plasticizers, large electrical machines. Most electronics, instrument-making, machine-building, aviation and chemical plants are unique and sole producers in their industry, they have got specific high technologies and top-skilled personnel. Novosibirsk is the main business center of the Asian part of Russia.

The capital city of Siberia is characterized by the highest level of business activity and banking capital concentration in the region. In the city there are over 30 banks, The Siberian Interbank Currency Exchange, 46 offices of foreign companies. 5 business centers (International business partnerships connects the capital of Siberia with 85 countries).