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Originally a part of Finland, Pitkäranta was part of the municipality of Impilahti. Pitkäranta was the largest settlement center in Impilahti, with about 2,000 inhabitants in the late 1930s. Pitkäranta was also the center of Salmi Parish. The Pitkäranta Orthodox parish comprised the eastern part of Impilahti municipality and the Uuksu area of Salmi. Pitkäranta also formed a prayer room under the Impilahti Lutheran Congregation. There was also a secondary school in Pitkäranta.
Pitkäranta was, above all, a major industrial location. The most important industries were the mining and forestry industries. Mining in Pitkäranta began as early as the 18th century and its heyday was in the 19th century. The Pitkäranta mines produced, among other things, iron and silver. Mining was at a standstill in the early 20th century, but a resumption was planned. Pitkäranta also had sawmills, a red soil factory and a glass factory started in 1889, whose main products were bottles. Diesen Wood Oy's sawmill began operations on Pusunsaari in 1920 and a sulphite pulp mill in 1921. A plot of land was planned in Pitkäranta, but war and regional handovers prevented the plan from being implemented.
Pitkäranta was ceded to the Soviet Union in the peace of Moscow in 1940. In the Soviet Union, it became a city on July 9, 1940. In the Continuation War, Finland recaptured Pitkäranta in 1941, but had to cede it again in 1944. Most of Pitkäranta's buildings were destroyed during the wars.
By the Decree of the Government of the Russian Federation dated July 29, 2014 No. 1398-r «On approval of the list of single-industry towns», the city is included in the category of «Single-industry municipalities of the Russian Federation (single-industry towns) with the most difficult socio-economic situation».[9]
The «Pitkyaranta» Pulp Mill is located in the city. In the economy of the city, the leading place was occupied by the timber and mining complex.
There is a railway station in the city. Passenger transportation services were discontinued in 2015. In 2021, traffic was resumed: in winter, several flights of the experimental Moscow—Pitkyaranta train took place, then the only passenger train at the station was a daily commuter train on the route from Karelian Sortavala to Lodeynoye Pole, Leningrad Oblast.
Законодательное Собрание Республики Карелия. Закон №871-ЗРК от 29 апреля 2005 г. «Об административно-территориальном устройстве Республики Карелия», в ред. Закона №1895-ЗРK от 2 июня 2015 г. «О внесении изменения статью 9 Закона Республики Карелия "Об административно-территориальном устройстве Республики Карелия"». Вступил в силу со дня официального опубликования. Опубликован: газета "Карелия", №48, 7 мая 2005 г. (Legislative Assembly of the Republic of Karelia. Law #871-ZRK of April 29, 2005 On the Administrative-Territorial Structure of the Republic of Karelia, as amended by the Law #1895-ZRK of June 2, 2015 On Amending Article 9 of the Law of the Republic of Karelia "On the Administrative-Territorial Structure of the Republic of Karelia". Effective as of the official publication date.).
Законодательное Собрание Республики Карелия. Закон №813-ЗРК от 1 ноября 2004 г. «О городских, сельских поселениях в Республике Карелия», в ред. Закона №1694-ЗРK от 2 апреля 2013 г. «О преобразовании муниципальных образований "Нюхчинское сельское поселение" и "Сумпосадское сельское поселение" Беломорского муниципального района и внесении изменений в некоторые законодательные акты Республики Карелия». Вступил в силу по истечении десяти дней со дня официального опубликования. Опубликован: газета "Карелия", №124, 126, 129, 132, 135, 136, 139, 4 ноября — 9 декабря 2004 г. (Legislative Assembly of the Republic of Karelia. Law #813-ZRK of November 1, 2004 On the Urban, Rural Settlements in the Republic of Karelia, as amended by the Law #1694-ZRK of April 2, 2013 On the Transformation of the Municipal Formations of "Nyukhchinskoye Rural Settlement" and "Sumposadskoye Rural Settlement" of Belomorsky Municipal District of the Republic of Karelia and on Amending Various Legislative Acts of the Republic of Karelia. Effective as of the day which is ten days after the day of the official publication.).
Законодательное Собрание Республики Карелия. Закон №825-ЗРК от 1 декабря 2004 г. «О муниципальных районах в Республике Карелия», в ред. Закона №1694-ЗРK от 2 апреля 2013 г. «О преобразовании муниципальных образований "Нюхчинское сельское поселение" и "Сумпосадское сельское поселение" Беломорского муниципального района и внесении изменений в некоторые законодательные акты Республики Карелия». Вступил в силу по истечении десяти дней со дня официального опубликования. Опубликован: газета "Карелия", №141, 16 декабря 2004 г. (Legislative Assembly of the Republic of Karelia. Law #825-ZRK of December 1, 2004 On the Municipal Districts in the Republic of Karelia, as amended by the Law #1694-ZRK of April 2, 2013 On the Transformation of the Municipal Formations of "Nyukhchinskoye Rural Settlement" and "Sumposadskoye Rural Settlement" of Belomorsky Municipal District of the Republic of Karelia and on Amending Various Legislative Acts of the Republic of Karelia. Effective as of the day which is ten days after the day of the official publication.).