Economy
The economy of Vojvodina is largely based on developed food industry and fertile agricultural soil that make up 84% of its territory. About 70% of agricultural products is corn, 20% industrial herbs, and 10% other agricultural cultures. Other branches of industry are also developed such as the metal industry, chemical industry, electrical industry, oil industry and construction industry. In the past decade, ICT sector has been growing rapidly and has taken significant role in Vojvodina's economic development.
Companies:
- Naftna Industrija Srbije
- Srbijagas
- Novosadski sajam
- HIP Petrohemija
Vojvodina promotes its investment potentials through the Vojvodina Investment Promotion (VIP) agency, which was founded by the Parliament of the Autonomous Province of Vojvodina.
Read more about this topic: Economy Of Vojvodina
Famous quotes containing the word economy:
“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)
“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)
“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)