Economy
In the 1990s, the lead and zinc mine in the Meža Valley, the most highly industrialized valley of the region, and the lead smelter in Žerjav were closed down. The only factory in the area around the mine still operating is TAB, a manufacturer of batteries. Metal Ravne, the steel mill at Ravne, which was one of the largest employers in the Duchy of Carinthia in the 19th century, managed to survive and now specializes in alloy steel and machinery components. There are five hydroelectric plants in the Carinthian stretch of the Drava Valley, with a total capacity of about 60 megawatts, and metal products are produced in different places.
Read more about this topic: Carinthia (Slovenia)
Famous quotes containing the word economy:
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)