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.

Plant facilities
Several Top-500 Russian companies are headquartered within city boundaries:
 * TAIF (192,10 bln rub. annual receipt)
 * Tatenergo (47,13 bln rub.)1
 * 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" JSC produces 38% of Russian polyethylene. It also produces a large variety of petrochemical and chemical products. 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. Produces "Mi" helicopters. Founded in 1788. Produces a large variety of cleaning agents Is a proper of EFES group.
 * Kazanorgsintez
 * Kazan Aircraft Production Association
 * Kazan Helicopters
 * Kazan State Powder Mill
 * Kazan optical mechanics plant
 * Kazan motors building production association
 * "NEFIS-cosmetics" JSC (Kazan chemical complex)
 * Kazan brewery
 * 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: