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:
“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)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)