Economy
Ruse is a big industrial centre. It has a duty-free zone and 2 industrial zones- East and West. Ruse Iztok Power Plant has an energy producing capacity of 400 MW and the Ruse West Power Plant - 41 MW. There are a logistics park and a business park in the city.
The city's economy is dominated by light industry — tailoring, textiles and food processing. Big manufactures are Fazan (the first factory for socks in Bulgaria), Fenix 94 (socks), Ariston S (women's fashion), Danini (lady`s fashion), Top Man (men`s fashion), Karina (lady`s fashion) and Sirma Prista (dairy products). The petroleum industry and the chemical industry are represented by companies, producing paints and motor oils - Orgachim, Prista Oil, Lubrica, Megachim, EKON 91, Ninachim and Polysan. The machinery industry and ships construction are well developed. Also, one of the world`s leading companies in yacht design Vripack has an architecture and engineering studio in Ruse. Big metal-working companies are Zhiti — a leading producer of low-carbon steel wires, nails, fasteners, chain-link nettings, barbed wires; Precis Inter Holding produces electro-welded steel and aluminum tubes and profile; At Sparky welded parts, road construction machines, transportation and agricultural machines are being designed, engineered and built; Express Service LTD is the only locomotive producer in Bulgaria; Witte Automotive is a big producer of mechanical and mechatronic latches / locks for doors and hoods, hinges or door check arms, door handle modules and safety products for car seats. Keros is a major producer of ceramic floor wall tiles and porcelain tiles. Steiner Elektronik Technologie is specialized in the production of single-sided, double-sided and multi-layer PCBs; Naiden Kirov JSC manufactures low-voltage electrotechnical accessories for households. Dunarit is a big manufacturer of military and engineering products, founded in 1903. The main production of Zita is devices and appliances for control of temperature and passing of different fluids designed for automatics, pneumatics, hydraulics and everyday life technology. Woodworking and furniture production is represented by Apex, Stefany Style, Gold Apolo and IRIM.
There are 65 hotels and 1 769 beds at Ruse. The income from accommodations for the furth quarter of 2011 г. is 1 661 294 lv. .
There are many hypermarkets such as Metro Cash & Carry, Kaufland, Mr. Bricolage, Praktiker, and some supermarket chains such as Billa, Lidl, and Carrefour.
The first private museum in Bulgaria will soon be opened in the Old High School of Music
Read more about this topic: Rousse
Famous quotes containing the word economy:
“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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)