Economy
Industry in Ivanovo Region is subdivided into several main sectors, including the light, chemical and petrochemical, food, forest, peat, engineering and metalworking, power, and building material industries. The primary and most developed sector is light industry, made up of the clothing, knitting, textile, and shoe industries. Companies in this sector employ half of the region's industrial workers. The textile industry, which began developing in the last quarter of the 17th century, is of fundamental importance. Textile companies in the region produce half of Russia's textiles. Engineering occupies an important place in the region's industry. Engineering companies manufacture mobile cranes, looms and machine tools, excavators, combing machinery, instrumentation, and car components. The woodworking and pulp and paper industries also make a significant contribution to the regional economy. Forests of the region serve as a source of raw materials for these industries. The food industry produces a variety of goods that are in demand in many Russian regions, as well as abroad, e.g., sausage, mayonnaise, flour, cereals, canned meats and milk, confectionery, pasta, and alcohol.
Read more about this topic: Ivanovo Oblast
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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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)