Industry: Industry Region: Russia Transaction Price: Not Disclosed Transaction Method: Equity Investment
Introduction: The Ural Industrial Zone, an important industrial zone in Russia, is located at the junction of the European and Asian parts of Russia and is the largest heavy industrial zone in the Russian Federation. One of the important industrial zones of Russia. Located in the Ural Mountains, it was formed during and after the First World War with the eastward development of Russian industrial construction. Mainly in the steel industry and machinery industry.
Details: In terms of industrial strength, it is second only to the central industrial zone centered on Moscow. The resource conditions of the Ural industrial zone are the foundation, and the favorable geographical location, transportation, population and labor force are all important development conditions. In addition, since the end of the 20s, in order to promote the rapid economic development of the region, the Soviet Union has given priority guarantees in terms of investment, energy supply, transportation network and infrastructure construction, making the Urals an industrially developed region today. Ural industry is a resource-based heavy industrial structure dominated by mining, metallurgy, machinery and chemical industry, plus energy, building materials, forest industry, etc., heavy industry accounts for about 80% of the industrial output value of the Ural region, of which only metallurgy and machinery two sectors account for about half of the total industrial output value of the region. The Ural region has a well-developed transport network. Transportation is mainly by rail. The weft railway undertakes external transportation, and the warp railway undertakes regional transportation. Yekaterinburg is the largest city in the Urals, and Magnitogorsk, located on the eastern slopes of the South Ural Mountains, is the largest "steel city" in Russia.