Bursa - Economy

Economy

Bursa is the center of the Turkish automotive industry. Factories of motor vehicle producers like Fiat, Renault and Karsan, as well as automotive parts producers like Bosch, Mako, Valeo and Delphi have been active in the city for decades. The textile and food industries are equally strong, with Coca Cola, Pepsi Cola and other beverage brands, as well as fresh and canned food industries being present in the city's organized industrial zones.

The top 10 industry corporations in the Bursa province are as follows:

  • Oyak Renault
  • Tofaş Fiat
  • Bosch
  • Borçelik
  • Türk Prysmian Kablo
  • Sütaş Dairy Products
  • Bis Enerji
  • Zorlu Enerji
  • Borusan Mannesmann Boru
  • Componenta Döktaş

Apart from its large automotive industry, Bursa also produces a substantial amount of dairy products (Sütaş), processed food (Tat), and beverages (Uludağ).

Traditionally, Bursa was famous for being the largest center of silk trade in the Byzantine and later the Ottoman empires, during the period of the lucrative Silk Road. The city is still a major center for textiles in Turkey and is home to the Bursa International Textiles and Trade Center (Bursa Uluslararası Tekstil ve Ticaret Merkezi, or BUTTIM.) Bursa was also known for its fertile soil and agricultural activities, which have decreased in the recent decades due to the heavy industrialization of the city.

Bursa is a major center for tourism. One of the most popular skiing resorts of Turkey is located at Mount Uludağ, just next to the city proper. Bursa's thermal baths have been used for therapeutical purposes since Roman times. Apart from the baths that are operated by hotels, Uludağ University has a physical therapy center which also makes use of thermal water.

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Famous quotes containing the word economy:

    It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.
    Henry David Thoreau (1817–1862)

    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)

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