Economy
The industry in the Hunedoara county is linked with the mining activity in the region. In the mountains, from ancient times, metals and coal have been exploited. Nowadays, there is one large industrial complex at Hunedoara owned by Mittal Steel . Also energy related enterprises are located in the county - one of the biggest thermoelectric plant is located at Mintia.
The predominant industries in the county are:
- Metallurgy.
- Construction materials.
- Textile industry.
- Mining equipment.
- Food industry.
In the 1990s, a large amount of mines were closed down, leaving Hunedoara county with the highest unemployment rate in Romania, of 9.6%, in comparison to the national average of 5.5%.
Read more about this topic: Hunedoara County
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)
“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)
“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)