Saint Petersburg Companies are based primarily on heavy and manufacturing industries. Many of the companies in Saint Petersburg were under the control of the state and occupied the commanding heights of Soviet economy.
After the breakup of Soviet Republic, most of these industries were converted to joint stock companies. Shipbuilding, oil and gas, heavy machineries, and power are the main Saint Petersburg industries. Other Saint Petersburg companies comprise food products, consumer durables, electronic components and products, and automobile spares. A few of the important companies in Saint Petersburg include:
Baltiysky Zavod - Popularly known as Baltic Shipyard, this is one of the top three shipbuilders in Russia. This company is a total shipbuilding company capable of building commercial ships of 100,000 tones.
Admiralty Shipyard - Admiralty Shipyard is one of
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the top three Russian shipbuilding companies. Based in St. Petersburg this shipbuilding manufacturing unit is capable of constructing commercial ships of around 70,000 tones.
Gazprom Neft - Established as SIBNEFT, Gazprom Neft is an oil major operating from St. Petersburg. This joint stock company is engaged in the exploration, production, and distribution of oil and its products, and natural gas.
LOMO - LOMO is a globally renowned optical instrument manufacturing company. Its products include telescopes, endoscopes and microscopes of the most sophisticated categories.
Uralmash Zavody - This St. Petersburg manufacturing company is a front-line heavy machineries manufacturer in Russia.
The companies of Saint Petersburg have helped to strengthen the economic base of the city.
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