Economy
The industry in the Hunedoara county is linked with the mining activity in the region. In the mountains, from ancient times, metals and coal have been exploited. Nowadays, there is one large industrial complex at Hunedoara owned by Mittal Steel . Also energy related enterprises are located in the county - one of the biggest thermoelectric plant is located at Mintia.
The predominant industries in the county are:
- Metallurgy.
- Construction materials.
- Textile industry.
- Mining equipment.
- Food industry.
In the 1990s, a large amount of mines were closed down, leaving Hunedoara county with the highest unemployment rate in Romania, of 9.6%, in comparison to the national average of 5.5%.
Read more about this topic: Hunedoara County
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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)