Economy
Kikinda is the center of the Serbian clay building materials production, as a seat of the IGM DD "Toza Marković" company, which is the oldest clay producer in Europe. The "Kikinda" foundry is the major Serbian producer and exporter of grinders. Also the "25 maj" factory of agricultural machines and equipment, and the "Electron" are the factories running production for both the local and foreign markets.
Read more about this topic: North Banat District
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)