Economy
The backbone of the economy in the region is industry. The "Batashki Vodnosilov Pat" is an important hydrocomplex consisting of three hydro power plants- "Batak", "Peshtera" and "Aleko" with combined capacity of around 250 MW. Copper extracting industry is of national and European importance with major mines located around Panagyurishte (Asarel and Medet), Elshitsa, Tsar Asen and Mina Radka. Machine building industry is developed in Pazardzhik (lead acid batteries), Panagyurishte (optical), Velingrad. There is flourishing pharmaceutical industry in Peshtera with more than 1 000 employees in the plant. Paper industry is developed in Belovo. Timber industry is very important in the southern part of the region (the Rhodopes)- Batak, Peshtera, Rakitovo and Velingrad. The manufacturing of textiles is well developed in Pazardzhik, Panagyurishte and Velingrad. There is a huge footwear plant in Peshtera. Food processing industry is developed in most of the towns. Agriculture is also important, especially in the fertile central parts of the region. The most important crops are orchards (apples, plums and strawberries), grapes, wheat, barley, rye and rice. Livestock breeding is relatively well developed in the mountainous areas.
Read more about this topic: Pazardzhik Province
Famous quotes containing the word economy:
“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)
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“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we really experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (18441900)