Livorno - Economy

Economy

Tuaca liqueur was produced in Livorno until 2010; the famous distillery was closed and operations were brought to the United States by the new owners. Galliano is still made here and enjoyed by locals and tourists alike.

The city and port have continued as an important destination for travelers and tourists attracted to its historic buildings and setting. The port processes thousands of cruise-ship passengers, many of whom take arranged buses to inland destinations, especially Florence.

Since the beginning of the 20th century, Livorno has been noted for its Orlando Shipyard. Workers there in 1911 built the armored cruiser, Georgios Averof, the flagship of the Greek Navy during its victorious battles against Turks in the Balkan Wars and World War I. The city has also developed a substantial petrochemical industry.

Read more about this topic:  Livorno

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)