Komi Republic overview
Komi Republic (also spelled Komy) is located in North-Western part of Russian Federation, part of North-Western Federal District. Komi is a multinational republic. The population consists of about one hundred nationalities including 23% of native Komi people. Administrative center and capital city of Komi republic is Syktyvkar.
Komi Republic population is about 959,000 (2009) on the land area of 415,900 sq. km.
Komi Republic natural resources
Komi Republic has unique stocks of mineral resources represented by combustible minerals, oil and natural gas, metal ores, minerals and balneological resources. The fuel resources are represented by oil and natural gas of Timano-Pechorsky oil field, coke and energetic coals of Pechorsky coal deposits, peat and timber resources.
About half of oil and gas stock of Russian European North is concentrated here (geological potential of oil and gas stocks exceeds 6 billion tons). The total coal stock is estimated at more than 213 billion tons. Titan deposits of Komi Republic are the biggest in Russia and neighboring countries.
Nowadays Komi Republic is becoming one of the biggest and important suppliers of bauxite and manganese ores. Industrial supplies of sulfur, diamonds, rubies and amethysts can be found and explored on the territory of the region. About 65% of Komi republic territory is covered by forests.
Komi Republic economy
Present day Komi Republic is a well developed region of Russian Federation. Industrial and social infrastructure has transport communication, own electric power and heater supply, produced from own fuel.
Komi Republic industry is composed of more than 30 branches. Fuel and raw material branches dominate and produce about 80% of the total industrial products. Komi Republic is represented as big exporter of fuel, raw materials and other goods.