Economy
The region's economy includes high technology, banking, chemical and metallurgical industries, coal, ore, food processing, and spirit and tobacco industries. The most industrialized city of the voivodeship is Kraków. The largest regional enterprise operates here, the Tadeusz Sendzimir Steelworks in Nowa Huta, employing 17,500 people. Another major industrial center is located in the west, in the neighborhood of Chrzanów (chiefly the production of railway engines) and Oświęcim (chemical works). Kraków Park Technologiczny, a Special Economic Zone, has been established within the voivodeship. There are almost 210,000 registered economic entities operating in the voivodeship, mostly small and medium-sized, of which 234 belong to the state-owned sector. Foreign investment, growing in the region, reached approximately USD 18.3 billion by the end of 2006.
Read more about this topic: Lesser Poland Voivodeship
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 (1817–1862)
“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)
“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)