The Perm Territory is a constituent entity of the Russian Federation making part of the Volga Federal District. It came
into existence on December 1, 2005 as a result of the merger of the Perm Region
and the Komi-Permyak Autonomous Area. Its administrative center is Perm, founded
in 1723. The Perm Territory is one of Russia’s most economically developed regions. The economy relies on the well-developed
industrial sector, including oil production and refining industries, chemical
and petrochemical industries, ferrous and non-ferrous metallurgy, machine
building, timber industry. 160 raw hydrocarbon deposits have been found in the region.
The main raw hydrocarbon fields (Polaznenskoye, Krasnokamskoye, Kuedinskoye, Osinskoye
and Chernushinskoye) are located in the central and southern districts of the
Perm Territory. The Perm Territory has a number of protected areas, including Vishera Nature Reserve and Basegi Nature
Reserve.
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