Economy of Saint Petersburg

Source: Wikipedia, the free encyclopedia.

medical equipment
, publishing and printing, food and catering, wholesale and retail, textile and apparel industries, and many other businesses.

10% of the world's power

among other major Russian and international companies.

St. Petersburg has three large cargo

Baltic sea and the rest of Russia through the Volga–Baltic Waterway
.

Saint Petersburg Bourse

The

mints in the world, it mints Russian coins, medals and badges. St. Petersburg is also home to the oldest and largest Russian foundry, Monumentskulptura, which made thousands of sculptures and statues that are now gracing public parks of St. Petersburg, as well as many other cities. Monuments and bronze statues of the Tsars, as well as other important historic figures and dignitaries, and other world-famous monuments, such as the sculptures by Peter Clodt von Jürgensburg, Paolo Troubetzkoy, Pavel Antokolsky
, and others, were made here.

Baltika, Vena (both operated by BBH), Heineken Brewery, Stepan Razin (both by Heineken) and Tinkoff brewery (SUN-InBev
). St. Petersburg has the second largest construction industry in Russia, including commercial, housing and road construction.

The federal subject's

gross regional product as of 2021 was ₽9.44 trillion
(€108 billion), ranked second in Russia, after Moscow.[1]

Transport

The exquisite decoration of Saint Petersburg Metro

The city is a major transport hub. In 1837 the first Russian railroad was built here. Today St. Petersburg is the final destination of

Moscow–Saint Petersburg Railway opened in 1851, 651 km, commute to Moscow is 3.5-9 h.[3] Saint Petersburg is also served by the Pulkovo International Airport,[4] and three smaller commercial and cargo airports in the suburbs. There is a regular 24/7 rapid bus transit connection between Pulkovo airport and the city center
.

The city is also served by the passenger and cargo seaports in the Neva Bay of the

Big Obukhovsky Bridge, was opened. Meteor hydrofoils link the city centre to the coastal towns of Kronstadt, Lomonosov, Petergof, Sestroretsk and Zelenogorsk
from May through October.

Saint Petersburg has an extensive city-funded network of

Trams in Saint Petersburg used to be the main transportation; in the 1980s, Leningrad had the largest tramway network in the world, but many tramway rail tracks were dismantled in the 2000s. Buses carry up to 3 million passengers daily, serving over 250 urban and a number of suburban bas routes. Saint Petersburg Metro
underground rapid transit system was opened in 1955; it now has 5 lines with 64 stations, connecting all five railway terminals, and carrying 2,8 million passengers daily. Metro stations are decorated in marble and bronze. It is the world 12th underground under the number of passengers.

Traffic jams are common in the city, because of narrow[citation needed] streets, parking sites along their edges, high daily traffic volumes between the commuter boroughs and the city center, intercity traffic, and at times excessive snowing in winter. Five segments of the Saint Petersburg Ring Road
were opened between 2002 and 2006, and full ring was finished in August 2011.

Saint Petersburg is part of the important transport corridor linking Scandinavia to Russia and Eastern Europe. The city is a node of the international European routes E18 towards Helsinki, E20 towards Tallinn, E95 towards Pskov, Kyiv and Odesa and E105 towards Petrozavodsk, Murmansk and Kirkenes (north) and towards Moscow and Kharkiv (south).

References

  1. ^ ""GRP volume at current basic prices (billion rubles)"". rosstat.gov.ru.
  2. Varshavsky Rail Terminal served as a major station, it is now converted into a railway museum.Reconstruction of the Warsaw Railway Station Archived 2012-10-16 at the Wayback Machine
  3. ^ "Results of train ticket inquiry, Russian train schedules and Russian train tickets". Archived from the original on 11 October 2018. Retrieved 19 January 2011.
  4. ^ Rossiya (Pulkovo): Pulkovo Aviation Enterprise Archived August 22, 2006, at the Wayback Machine