Linz - Economy

Economy

Pöstlingberg church in Linz]]

Linz is one of the main economic centers of Austria. The Voestalpine AG is a large steel concern (founded as the "Hermann-Göring-Werke" during World War II), which is known for the LD- ("Linz-Donawitz") procedure for the production of steel. The former "Chemie Linz" chemical group has been split up into several companies. These companies have made Linz one of Austria's most important economic centers.

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Famous quotes containing the word economy:

    The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.
    Henry David Thoreau (1817–1862)

    Everyone is always in favour of general economy and particular expenditure.
    Anthony, Sir Eden (1897–1977)

    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)