3. About Ekaterinburg Ekaterinburg is located in the central part of the Eurasian continent, on the border of Europe and Asia. The city is located on the eastern slope of the Ural Mountains, in the valley of the Iset River, a tributary of the Tobol River. Ekaterinburg municipality covers an area of 1,143 hectares. The central location of the city has determined its key role in the European-Asian transport and trade system, which has contributed to the development of Ekaterinburg as a major centre of transport, distribution, trading and intermediation on both a regional and international level. Its favourable economic and geographical position and high potential in terms of industry, academia, labour, engineering and culture enables Ekaterinburg to perform important geopolitical functions. The city's distance from key Russian, European and world centres has complicated the inclusion of Ekaterinburg in the world economic system, but the impact of this factor is becoming less and less significant due to the development of information technology.