By the end of 1992, 50 industrial enterprises had been sold, 12 of which had been partially or fully privatised. Their total value amounted to approximately 2 billion roubles. In the retail trade and catering sectors, more than 140 enterprises were privatised during the year. At the same time, enterprises that retained their state-owned status were granted greater independence. In 1992, more than 1,000 retail and catering enterprises gained legal independence and opened their own settlement accounts. In the consumer services sector, 286 tailoring shops and workshops also gained this status.
In 1992, M. M. Birman established the Tyumenconcert company. An important event in the region’s musical life was the staging of Sergei Rachmaninoff’s opera Aleko to mark the centenary of the composer’s birth. The production was directed artistically by V. A. Orlov, an Honoured Artist of Russia.
At the end of the twentieth century, several new factories began operating, manufacturing mineral wool, welding electrodes, pharmaceutical products, and polyethylene pipes. One in every five disposable syringes was manufactured in Tyumen.