 It is one of the city's industrial districts.Besides Krasnoye Sormovo, its well-known enterprises include the Volga Shipyard(which was spun off from Krasnoye Sormovo in 1970, and is geographically adjacent to its parent plant) and the Sormovo Confectionery Factory ().The May Day demonstration, mentioned in "The Mother" by Maxim Gorky, took place in Sormovo, 1902.