Glogovac - Economy

Economy

UNMIK, KFOR and NGOs are the main employers in the municipality, while the majority of the population is employed in family-owned, small sized, non-productive, private businesses like shops, car washes, and petrol stations. Most businesses have officially registered with UNMIK. Glogovac is an agricultural-based, rural municipality with wheat and maize as the primary crops. Before the conflict, a socially owned agricultural enterprise dominated the production but was destroyed. As a result, a large portion of the arable land is not cultivated as of today. The Cattle Farm in Krajkovo is now utilised as the Temporary Community Shelter. The Ferronikel Factory provided jobs for more than 2,000 people at the peak of its production in 1988. Heavy damages were inflicted on the facility during the 1999 conflict, leaving it inoperable. Nevertheless, the recently privatised factory is still contributing to the infrastructure of Glogovac town with power, including water supply and an electric grid. A major development is the building of the Trade Centre in Glogovac town, which was completed by mid-2004. The municipality played a central role in the whole process by co-ordinating the financing, construction and management of the project. The Trade Centre contains 134 shops and offices for small businesses. Two quarries at Gornja Koretica and Staro Čikatovo have become operational since the conflict.