In terms of gross national product of the country, the share of the capital is more than 20%. In Moscow there are head offices of most of the largest enterprises in various fields. Despite the fact that the direct enterprises of the mining and manufacturing industries may be located at the place of processing or extraction of raw materials, it is in the capital that top managers and the board of directors make decisions. According to Russian legislation, in such institutions a large share of tax deductions falls on the capital budget. Many sectors of the Moscow economy work according to this scheme. In nominal terms, the budget of the main city of Russia is larger than the sum of the budgets of all, for example, the Baltic republics or Ukraine alone. However, it is three times smaller than in New York.
Touching on this topic, it is necessary to recall the situation with Ukraine. Due to conflicts with this country, the Moscow economy at some points began to experience certain difficulties, but politicians carefully monitor the situation and make every effort to prevent it from getting out of control.
Population, enterprises and other important objects
The enterprises of the military-industrial complex are concentrated in Moscow. The capital of the country is the largest engineering and design center. Most enterprises with foreign direct capital have their headquarters in Moscow. Also there are embassies of all states with which the Russian Federation has established diplomatic relations.
By the number of retail and retail enterprises per capita, the capital is in the top five leading cities in the world. The Ministry of Economics of Moscow constantly focuses on this. According to Forbes research, stores with prefixes in their names, such as mega-, super-, and ending-mall, are most concentrated in the capital of Russia and adjacent territories near the Moscow Ring Road. Also, according to studies of the same publication, the largest number of billionaires lives in Moscow.
Tourism
The economy of Moscow is tightly based on tourism. It is worth noting that this industry is actively developing. According to 2015 data, more than 5 million foreign tourists crossing the Russian border, Moscow is the main purpose of their stay. Holding annual economic, business, cultural and sports forums contributes to the construction of new hotel complexes, the lack of which is acutely felt in the so-called “high” tourist season. Of course, the Moscow economy is only getting stronger from this.
Significant enterprises
Among enterprises whose share of contributions to the budget is both regional and federal is the highest, the following organizations can be noted:
- Moscow refinery.
- Avtoframos (production of Renault cars).
- "Three-mountain manufactory."
- "Moskhimpharmpreparaty" them. Semashko.
- "Red October".
- Mouth Front.
- Plant named after Likhachev.
- Sberbank
- Moscow factory "Electroshield".
- Moscow Tire Plant.
Transport
The economy of Moscow is growing due to the fact that the capital has a developing infrastructure. According to government decisions, shops and shopping malls are being built to provide the population with essential goods within walking distance. Along with a large number of freight and passenger railway lines, as well as rivers, most of which are tributaries of the Moscow River, the most acute issue is the transport accessibility of certain areas of the city. The condition and capabilities of roads built in the last century do not meet the requirements of a modern metropolis. Emerging new interchanges only temporarily reduce the problem of permanent traffic jams. Specialists who are called upon to resolve issues of this nature are invited to seek resources for introducing new types of urban transport, including intercity electric trains, trams and light metro lines.
