Moscow - The City of Billionaires
A significant portion of Russia's profits and development is concentrated in Moscow with a developed consumer-goods market, a buoyant labour market and a range of financial services. Its contribution to the national GDP makes it the most developed economy and business center of the country.
Possessing numerous multi-national corporations and first-world infrastructure, Moscow is one of the top cities in the world for billionaires after New York City. This is partly due to the wealthy city government, which has spent billions of dollars for its upliftment and also due to the spending power of the city's businesses and residents.
Home to numerous exhibition centers and complexes, Moscow hosts some of the famous trade shows of the world like Linux World Russia, Techtextil Rossija, Heimtextil Rossija, Ambiente Rossija and Christmas World Russia.
The city of also remains one of Russia's major industrial centers with plants like ZIL & AZLK (automobile plants), The Mil Moscow Helicopter Plant (leading producers of military and civil helicopters in the world) and Voitovich Rail (vehicle plant). Moscow has been the leading producer of Vodka from many years. The Kristall distillery in the city is the Russias oldest, producing various vodka types and wide assortment of wines. The city is also an acclaimed producer of world famous watches and Jewellery.
Major Business Centers
EXPOCENTR Krasnaya Presnya Fairgrounds:
Located along the River Moskva, this leading exhibition venue is 60000m2 wide (indoor). Comprising of total 7 halls, the center stages more than 60 exhibitions each year, ranging from world-famous public shows to international trade fairs.
The expocenter holds some of the largest international trade fairs such as MITT (Moscow International Travel and Tourism), Building Week in Russia, MIOGE (Moscow International Oil and Gas Exhibition) and World Food Moscow.
Sokolniki Culture & Exhibition Center:
Member of the Moscow Chamber of Industry and Commerce and the International Union of Exhibitions and Fairs (IUEF), Sokolniki Culture & Exhibition Center is a fast developing exhibition company. Its efficiently organizes specialized exhibitions for all branches of industry.
Spread over the area of 33 000m2, the venue comprises of 9 modern exhibition. The center holds over 80 international specialized exhibitions and trade shows annually, which are attended by more than 5 000 companies from 55 countries. Most of the citys packaging, printing and publishing industries, mechanical engineering, furniture production and woodworking related activities are held at this center.
Olympiysky Sports Complex:
Located in the center of Moscow, Olympiysky Sports Complex is one of the best trade fair venues of the city. The complex is home to many well-known international tradeshows such as Windows & Doors, Leisure, Apteka and Transrussia. Built with the purpose to host a wide range of activities ranging from sport events to exhibitions, Olimpiysky has 10,000m2 exhibition area and a stadium of 35,000 seating capacity.
Facilities like high technical equipment and unlimited building heights makes the exhibition area very convenient both for exhibitors and visitors and makes it home to a vast range of events throughout the year.
Major Commercial Hubs
Located to the east of Red Square, it is not only the thriving commercial area but is also the center of the city's club life and culture. Formerly encircled with medieval walls, Kitai-gorod is a major business district in Moscow where shops, banks, the exchange and trade centers are located.
Kitai-Gorod also comprises of many elegant multi-storied buildings in the Art Nouveau style and the Sytin's bookstore (the largest in the city). At one time it was place of residence for many of Moscow's most powerful citizens but at present banks, shops and commercial outfits dominate the place.
Located in central Moscow, the area has become one of the most condensed commercial hubs in Moscow. The area around Paveletsky Station, once an unappealing industrial zone has now turned into a booming business district with sophisticated offices, Paveletsky Towers, Riverside Towers and Aurora Business Park.