The city and the entire region of Wielkopolska are known for the tradition of efficient economy, conscientiousness and effectiveness. Poznan is a large industrial center.
Most people work in the electromachine, chemical and food industries.
Przemys u Odzie owego Modena Inc. Lech Browary Wielkopolski Inc. The development of market economy and processes of privatisation have revealed many available production facilities in many enterprises located in Poznan. The enterprises have easily adapted to the new conditions and are open to restructure their production and modes of operation. Branches wich develop most dynamically include electronics, machine production and food processing. After Warsaw, Poznan has become the second largest centre of banking and business in Poland. There are 34 banks and 13 insurance agencies in the city.