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Following the dissolution of the Soviet Union, Omsk experienced a period of economic instability and political stagnation.

Most of the city's large businesses, which had previously been state owned, were fought over by members of the former party elite, the emerging nouveau riche, and fast growing criminal syndicates.

From 1850 to 1854 Fyodor Dostoyevsky served his sentence in an Omsk katorga prison.

Development of the city was catalyzed with the construction of the Trans-Siberian Railway in the 1890s that affected significance of Omsk as a logistic hub.

The pinnacle of development for pre-revolutionary Omsk was the Siberian Exposition of Agriculture and Industry in 1910.

Popularity of the World Fairs contributed to the image of Omsk as the "Chicago of Siberia".

Omsk received new life as a result of World War II.