Economy
The Komi Republic's major industries include oil processing, timber, woodworking, natural gas and electric power industries. Major industrial centers are Syktyvkar, Inta, Pechora, Sosnogorsk, Ukhta, and Vorkuta.
Natural gas transportation and distribution is conducted by Komigaz.
Read more about this topic: Komi Republic
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)