After Moscow and St. Petersburg, Novosibirsk is the third largest region in Russia. It is a major industrial center of Russia. The industrial complex in Novosibirsk includes 214 large and average industrial enterprises. Almost 80$ of the industrial production of the Oblast is in the Novosibirsk region. Processing industries contribute to around 95% of the overall production volume. Major industries of this region are metal-processing and machine-building, including wood-processing and metal-cutting machines, electric generators for turbines, polymers, textile machines and polymers.
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