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Economy of Rostov-na-Donu


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Overview

Rostov's favorable geographical position at trading crossroads promotes economic development. The Don River is a major shipping lane connecting southwestern Russia with the north. Rostov-on-Don is a trading port for Russian, Italian, Greek and Turkish merchants selling, for example, wool, wheat and oil. It is also an important river port for passengers. The Rostov-on-Don agricultural region produces one-third of Russia's vegetable oil from sunflowers.

Volga�Don Canal

With the construction of the Volga-Don Shipping Canal in 1952, Rostov-on-Don became a port of five seas: the Black Sea, the Sea of Azov, the Caspian Sea, the White Sea, and the Baltic Sea.

Modern industry

In modern times, Rostov-on-Don has experienced economic growth. Numerous start-up companies have established headquarters in the city, the median income is increasing, and the city is being transformed into a modern, industrial and technology-rich hub. For instance, Rostov-on-Don is a center for helicopter and farm machinery manufacturing. The "Tebodin" engineering company opened its fourth office in Rostov-on-Don in June 2010.

Market produce

*    Fresh fish

*    Fruit, including strawberries, pomegranates, tangerines, watermelons.

*    Fresh flowers, including sunflowers
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