Economy of Sochi City

There are more than 7 thousand enterprises in Sochi. Among them:

  • Industrial - 384, including large and medium - 34;
  • Agricultural - 49, including large and medium - 20;
  • Transport and communications - 461, including large and medium - 53;
  • Construction - 1 078 including large and medium - 47;
  • Trading - 2125, including large and medium - 77;
  • Health and social services – 212;
  • Hotels and restaurants - 671, including large and medium - 53.

The number of private entrepreneurs is more than 34 thousand.

The role of Sochi as the leading health-improvement and recreational center of Russia and the Krasnodar region is determined by the state and the prospects of development of its resort and recreational industry, which is city-industry.

The city has 227 large establishments of treatment and recreation, hotels and tourist facilities, with a total capacity 65 thousand summer accommodations, including 47 thousand year-round accommodations.

Working-age population is 249 thousand or 62% of the total population.

The cost of fixed assets of the city is 57.2 billion rubles.

Fixed assets by ownership is as follows:

  • 12.3 billion – federal
  • 6 billion - regional
  • 4.8 billion – municipal
  • 9 billion - private
  • 0.9 billion - foreign
  • 2.0 billion - foreign mixed with the federal

By industries and activities capital assets are distributed in the following way:

  • economic subjects of health and social services, culture and sports activities recreation and entertainment activities of hotels and restaurants, is presented in the main resort industry - 42,7%
  • transport and communications - 17,1%
  • Industry - 17%
  • Agriculture - 1,6%
  • Construction - 2,0%
  • Trade - 0.4%
  • Others - 18.0%

The basic industries of the city are trade and catering, construction, resort and tourist complex, large-scale industry.