Economy
The economy of the oblast mostly deals with the energy industry, transport and agriculture. The oblast is situated at a historical crossroad of the railway and highway routes connecting Central Europe to Black Sea coast and Russia (with the city of Shepetivka being the most important railway junction). The Khmelnyts’ka nuclear power plant in the city of Netishyn is the most important industrial company of the oblast. Notable machinery, armament and chemical industries are also present.
Read more about this topic: Khmelnytskyi Oblast
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)