Economy
The economy of Nord-Vest is mainly agricultural (46% of its population having agriculture as their main occupation), even though there is some heavy and light industry in the major regional industrial centres of Cluj-Napoca, Oradea, Baia Mare, Bistriţa, Satu Mare and Zalau.
There are also several mining centres in Maramureş county and in the Apuseni Mountains. Many of these mining areas have been partly shut down, resulting in significant local unemployment, even though unemployment in the Nord-Vest region is at approximately 4%, below the Romanian national average of 5.5%. Many mining areas have been classified by the government as defavourised zones, with incentives given to investors who plan to create jobs in these areas and diversify the economy.
The region's GDP per capita is slightly below the Romanian average (approximately 90% of the Romanian average), despite the fact that the major cities – Cluj-Napoca and Oradea – are some of the most prosperous in Romania.
Read more about this topic: Nord-Vest (development Region)
Famous quotes containing the word economy:
“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)