Industry is the leading branch of economy of St. Petersburg. It accounts for more than a fourth of the gross national product and employs almost a fourth of the able-bodied citizens of the city. Industrial enterprises are the main source of income to the budget of St. Petersburg accounting for more than a third of taxes. Thus, the results of the activity of enterprises largely define actual abilities of solving various socio-economic problems of the city.

The rate of growth of production in the industry of St. Petersburg in 2002 was 131.4 per cent.

The average number of employees of large-scale and medium industrial enterprises is 304,600 people.

675 large-scale and medium industrial enterprises, including:

• 2 in the Electric Power Industry
• 21 in the Metallurgy
• 34 in the Chemical and the Oil and Gas Industry
• 308 in the Machine-Building and Metal Processing Industry
• 42 in the Lumber, Wood Processing and Paper-Making Industry
• 33 in the Building Materials Industry
• 59 in the Light Industry
• 85 in the Food Industry
• 3 in the Flour, Cereal and Fodder Industry

The largest enterprises

• OAO Izhorskie Zavody
• AO Lenenergo
• FGUP Admiraltejskie Verfi
• OAO Baltijsky Zavod
• OAO Kirovskij Zavod
• OAO Leningradsky Metallichesky Zavod
• OAO LOMO
• OAO Elektrosila
• KhK Leninets
• OAO Baltika Beer Brewery
• OAO Krasny Oktyabr
• OAO Severnaya Verf Shipbuilding Plant
• OAO Zvezda
• ZAO Petro
• OOO Bravo International
• OAO Vena
• ZAO British-American Tobacco SPb