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 counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (18031882)
“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 (18121870)
“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 (18171862)