Primary economic activities: Kursk Region is one of most industrially developed regions of Russia. Its diversified economic complex comprises about 800 enterprises. 14 industries are represented in the region, the main of them being:
Ferrous metallurgy. Mikhaylovsky GOK, JSC is the second largest Russian enterprise producing iron-ore raw materials and the leader exporter of steel pellets.
Machine-building is the backbone of regional industry. Its leading enterprises manufacture a wide range of hi-tech products, including mobile electric power stations, generators, geology- prospecting and oil-field equipment, accumulators, radio-measuring equipment, cash registers, bearings, computer aids, low-voltage devices, medical equipment.
The enterprises of chemical and petrochemical industry produce general rubber goods and plastics, man-made yarn and fiber, polyethylene films, paint and varnish products, pipes and other polymeric articles. In 2005, the first Russian plant manufacturing biaxially oriented polypropylene (BOPP) films was commissioned in Kursk Region.
The largest enterprises of timber, wood processing and pulp-and-paper industries are the companies GOTEK, IsoPlit, CJSC and Kursk folding-carton plant, JSC. These enterprises have advanced equipment and use high quality raw products and materials in their operations.
Food and processing industries are represented by 11 branches: the region has 11 sugar mills, 28 dairy plants, 8 meat-packing plants, 5 distilleries, 8 grain production plants, 9 bread-making plants, 3 liquor enterprises, brewery, 4 confectionery plants.
Agro-industrial complex of the region is well developed. 70% of its production output is engaged into plant growing, 30% – into cattle breeding. Cereal and feed crops, sugar beet, potato are grown in the region. Cattle is bred for both milk and meat.
Natural and mineral resources. Chernozem soils are the main treasure of the region, one of the key sources of regional economic development. Total area of cultivated lands makes 2.6 mln ha, including 1.9 mln ha of plough land. The Central-Chernozem state Natural Park lies in the region. In 1979 it was included in the system of biosphere reserves of the global net UNESCO, and in 1998 it was given a diploma of European Council. About 10% of the region is occupied with forests. At present, most lands are tilled.
Kursk territory lies in the basins of rivers Dnepr and Don, covering 78% and 22% of the territory respectively. Total mileage of rivers flowing across Kursk Region makes about 8,000 km.
Almost all known mineral resources have been explored in the region. The largest iron ore deposit Kursk Magnetic Anomaly is located here, providing both Russian and foreign metallurgy with raw products. The total of three iron ore deposits have been explored, and over twenty five banks and occurrences of ore have been found.
Nonmetallics found and explored in Kursk Region include deposits of phosphorites, chalk, molding and glass-making sands, high-melting clay and clay loam, peat, therapeutic peat muds, mineral waters.
Fuel and energy complex. Kursk nuclear power station is the largest enterprise of the sector, with projected capacity of 4 mln kW. Over 70% of generated electric energy is exported to other regions of Russia and the CIS countries.
Foreign trade turnover. In 2009, the regional foreign trade turnover made USD 826.3 mln, with USD 411.1 mln falling on export and USD 414.9 on import. Exported goods: mainly iron and ore concentrates (55.3 %), products of chemical industry (13.4%), food products (8.4%). Imported goods: machine-building products (29.1%) and food products (26.3%) prevailed.
In 2009, Kursk Region entered into trade relations with Ukraine, Belarus, Kazakhstan, the USA, China, Turkey, Slovakia, Romania, Hungary, Denmark, France, Poland.
Transport network of Kursk Region is represented by:
Railway transport – over 1,500 km of railroads, with 2 trunk railroads running across the region: Moscow – Kharkov and Voronezh – Kiev, 3 major railway terminals: Kursk, Lgov, Kastornoye and 65 railway stations.
Automobile transport – almost 8,000 km of hard-surface motorways, 413 of them being federal motorways. 87% of cargo traffic and 44% of passenger traffic is transported by automobiles.
Air transport – Kursk international airport secures region’s transportation links with other Russian regions and the near abroad. Kursk Customs and Border & Passport Control Service contribute to the development of international air traffic.
Tourism. Over 4,000 of historical and cultural monuments can be found in the region. The open-air town-museum Rylsk, founded in pre-mongolian times, enjoys popularity among tourists. The oldest part of the town has maintained its original appearance through the centuries, which makes this complex a unique place.
Military and historic tourism is an important sector of Kursk travel industry. Tourists are offered to visit the sites of epic battles of the 2nd World War: historic and memorial museums dedicated to Kursk battle.
One can undertake a unique trip to the Central-Chernozem State Biosphere Reserve n.a. V.V.Alyokhin and see the nature in its pristine beauty, untouched by human interference.
Pilgrim tourism is being intensively developed in the region. Friary “Korennaya Pustyn” is of great value to the Russian Orthodox Church, being founded in the place where the image of Madonna “Token” was found.