Economy
Tirana is Albania's major industrial and financial centre. Since the 1920s, it has experienced rapid growth and established many industries for agricultural products and machinery, textiles, pharmaceuticals, metal products, and services.
Tirana began to develop at the beginning of the 16th century, when a bazaar was established, and its craftsmen manufactured silk and cotton fabrics, leather, ceramics and iron, silver, and gold artifacts. Sited in a fertile plain, the Tirana area exported 2,600 barrels of olive oil and 14,000 packages of tobacco to Venice by 1769. In 1901, it had 140,000 olive trees, 400 oil mills, and 700 shops. Tirana is known for its native wealthy families. TID tower, an 85 meters business tower is being constructed in the city. Tirana has malls, such as City Park at 3 km², QTU, Casa Italia, and Tirana East Gate.
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Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)