Economy

City economy
Major branches: power engineering, machinery manufacturing and metal fabrication, wood processing, food industry, construction materials industry, transport, communications, trade and catering, services, stone working, tourism.
The intersectoral projects considered as options for the city development in the Petrozavodsk Urban District Development Concept Until Year 2025 are:
- establishment and development of the industrial cluster (including wood processing),
- establishment and development of the intersectoral water cluster,
- establishment of the science, education, and innovations cluster.

Some statistics:
The population of Petrozavodsk as of 01.11.2015 was 276 117 people.
It accounts for 43.65% of the whole population of Karelia.
The ethnic structure is:
78.1% — Russians, 3.6% — Karelians,
1.75% — Byelorussians, 1.63% — Finns,
1.56% — Ukrainians, 0.8% — Vepsians,
3% — other nationalities.
The population of Petrozavodsk in 2014 is
61.2% of working age,
15.8% younger than working age,
22.9% older than working age.
The median age of the population of Petrozavodsk is
36 years for men.
41 years for women.
2969 babies were born in Petrozavodsk in 2015.
26 074 children go to schools in Petrozavodsk in 2015.
There are 1 248 women per 1 000 men in Petrozavodsk.
In 2015, 7350 people moved into Petrozavodsk, and 6742 people moved out.

Investments in fixed capital in Petrozavodsk in 2015 were 9.7 billion roubles.
In 2015, 203 565 square m of housing were brought into operation
Businesses registered in the city are 10 358 small and medium enterprises, 6879 sole proprietors.
The number of small enterprises per 1 000 population is
7 in Russia
17 in Petrozavodsk

Unemployment is Petrozavodsk in 2015 was 1.57%, the lowest in Karelia.


Small businesses operate in nearly all sectors of the economy (%)


-) wholesale and retail, maintenance and repair of vehicles, household and personal goods — 56%
-) manufacturing and forestry — 15%
-) other activities – 10.5%
-) construction – 9.0%
-) transport and communications – 5.5%
-) hotels and restaurants — 4.0%
 

Investment dynamics (in billion roubles)

City Administration Economy Department +7 (8142) 71 33 24