Prahova County - Economy

Economy

The area contains the main oil reserves in Romania having a long tradition in extracting and refining the oil. The county is heavily industrialised, more than 115,000 people being involved in an industrial activity. It realises over 8% of the country's industrial production. Some of the biggest international corporations like Coca-Cola, Unilever, InBev, Michelin, Timken and others have invested heavily in the recent years.

The predominant industries in the county are:

  • Oil industry - almost 50% of the county's industrial production.
  • Oil extracting equipment.
  • Chemical industry.
  • Rubber industry.
  • Mechanical components industry.
  • Food and beverages industry.
  • Textile industry.

Agriculture is also developed - in the southern part mainly extensive agriculture and the hills area is well suited for wines and fruit orchards. In total it realises about 3% of the country's agricultural production.

Read more about this topic:  Prahova County

Famous quotes containing the word economy:

    War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
    Doris Lessing (b. 1919)

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

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)