Economy
Nizhny Tagil is a large industrial center of the Middle Urals. Such highly power-intensive industries as ferrous metallurgy, engineering, chemistry, and metal working are well-developed in the city. A total of 606 manufacturing companies operate in Nizhny Tagil.
Nizhny Tagil Iron and Steel Plant (Nizhnetagilsky Metallurgichesky Kombinat, NTMK) is a leading Russian steel company.
Uralvagonzavod (UVZ) is well known in Russia as the main producer of modern tanks on the territory of the former Soviet Union. The T-72, T-90, and T-95 are produced in the city.
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Famous quotes containing the word economy:
“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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)