Economy and Infrastructure
From being a small industrial centre in East Germany, and home to two large companies, Foron and Formenbau Schwarzenberg, Schwarzenberg has lost most of its heavy industry over the last two decades. Only the latter company has stayed in business, and that as a subsidiary of the KUKA Corporation of Augsburg. Tourism is now the main industry, with the town being an excellent base for hiking tours during summer.
Through the town runs the Silver Road.
The town has a station at the junction of lines to Zwickau, Johanngeorgenstadt and Annaberg and is served by Regionalbahn trains, operated by Erzgebirgsbahn (a subsidiary of Deutsche Bahn) between Zwickau and Johanngeorgenstadt. No regular passnger trains operate to Annaberg.
Read more about this topic: Schwarzenberg, Saxony
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)