Economy
Along with Timiş County it forms one of the most developed regions in Romania. Due to its proximity to the border, it attracts a great number of foreign investments. The agricultural potential is greatly put into value, Arad plains being considered one of the most important ceral and legume producing basins.
The predominant industries in the county are:
- Machine and automotive components.
- Food.
- Textiles.
Natural resources in Arad, are worthy to be taken into account as there are oil and associated gases, points of extraction in the west of he county, molibden mines in the Săvârșin area, marble quarries at Căprioara and Moneasa, mineral waters at Lipova, Moneasa, Dorobanți, Curtici, Macea and uranium deposits in the NE part of the county.
Read more about this topic: Arad County
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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)