The Republic of Bashkortostan is one of the most economically developed regions of Russia. Bashkortostan is situated in the center of Russia, 1,200 km east of Moscow. The capital city of the Republic of Bashkortostan is the city of Ufa. The region boasts a wealth of mineral resources, including oil, natural gas, coal, iron ore, copper, zinc, gold, and rock salt, as well as raw materials for cement production. The economy of Bashkortostan is characterized by a diverse structure. The Republic of Bashkortostan's key industries include the fuel and energy complex, oil refining, chemical and petrochemical production, machine building, timber processing, metallurgy, metal processing, machine building, food production and etc.