Ruse is a town of twenty-three century history dating back to the establishment of the Thracian settlement inherited by the Sexaginta Prista Fortress in Roman times.
The town is a large Bulgarian industrial center. Ruse also has one of the very first industrial parts developed in Bulgaria. Ruse Logistics Park is also situated here. In addition, the town has a Business Park with a number of company representative offices in Ruse.
Ruse also has the largest Duty Free Zone on the territory of Bulgaria, as well as Ruse Iztok Power Plant and Ruse Zapad Power Plant. The town's contemporary economy is predominated by the fields of light industry – tailoring industry, textile industry, food and tobacco industries, and chemical industry. Machine and ship building are also developed here. Ruse Shipyard is situated on the territory of the town, which is currently not operating. Metal working is also developed here.
The town's trade is highly developed as well, consisting of the country-specific trade centers and branches of all national trade chains.
The 2018 Gross Domestic Product (GDP) per capita in the region was BGN 11 769.