Turnover of Moscow's manufacturing industries grew by 6.4% in the first quarter of 2025

The turnover of Moscow's manufacturing industries, excluding the oil and gas sector, reached 1.7 trillion rubles in the first quarter of 2025, having increased by 6.4% in comparable prices year-on-year. This was reported by Maria Bagreeva, Deputy Mayor of Moscow, Head of the Moscow Department of Economic Policy and Development.

“The manufacturing industry plays a key role in Moscow's economy. The enterprises of the industry produce a wide range of products - from products and everyday goods to modern technological materials and complex equipment. The industry provides stable revenues to the city budget, stimulates the development of new technologies, and creates highly skilled jobs. In the first quarter of 2025, the industry turnover excluding the oil and gas sector reached 1.7 trillion rubles, 6.4% higher than in the first quarter of 2024 in comparable prices. Almost 13% of this volume - 221 billion rubles - was provided by the food industry”, - said the Deputy Mayor.

A significant share in the industry turnover is occupied by manufacturers of high-tech products - computers, electronic and optical products. They earned 157.5 billion rubles, or more than nine percent of the total volume. The pharmaceutical industry accounted for 138.8 billion rubles, or more than eight percent of the turnover, the enterprises producing chemical products - 98.7 billion rubles, or about six percent of the turnover of manufacturing industries in Moscow.

The leaders of growth in the first quarter of the year were furniture manufacturers: their turnover increased by 82%, up to 16.2 billion rubles. Companies producing chemical products have increased their revenue by 49%. Clothing manufacturers increased their turnover by 30%, up to 47.2 billion rubles, electrical equipment manufacturers - by 26%, up to 57.8 billion rubles.