Brief economic characteristics of the Arkhangelsk region. The main industries. 17027 enterprises and institutions representing different forms of property and management were registered on the territory of the region in the beginning of 1998. 127 enterprises, and pieces of fixed and land property were privatized during 1997. There appeared to be stabilization in the timber industry last year as production volumes stopped falling.
Timber industry plays an important role in regional economy.
In 1997 the logging industry removed 8.2 million solid cubic meters of wood. The military industrial complex of the Arkhangelsk region is unique, it possesses considerable potential for production and research. In 1997 a drop in output was seen in the military industrial complex of the region. The agricultural output is concentrated on meat and milk livestock raising, in the Nenets autonomous area on reindeer breeding. The herd of cattle is around 176 thousand head.