Economy of Craiova

ed in an area eminently agricultural, was moving forward with too small steps toward the industrial way, in comparison with other urban areas of the country. The number of those who got close to industry was extremely small.

In 1939, in Craiova were only 7 industrial units with over 100 workers: The cloth factory "Oltenia", "Scrisul Romanesc"("The Romanian Writing"), the macaroni factory "Concordia", the bread and macaroni factory "Barbu Druga", "Semanatoarea", The electrical factory and the bread factory "Traiul". The only industrial branch that had industrial units comparable with similar units of other centers of the country was the industry of graphic art. The two printings "Ramuri" and "Scrisul romanesc" were well known all over the country and abroad.

Starting with the 1960s the city becomes a powerful industrial center; it develops the industry of machine and tools construction, planes, the chemical industry, food industry, easy industry, of construction materials, electro technical, extractive, energetic industry. The Romanian Revolution of 1989 led to important changes in economy, by realizing a free market and by decentralizing the management of all national economic sectors. A value for the property sense was reinstated by liberating the particular initiative and privatization of goods that belonged exclusively to the state. In industry a drop of all capacity production was noticed, determined by the fact that they couldn't anticipate the direction of the impact of change and size of the shocks that followed the modification of the economical-social system. Still, the industry continues to represent the branch of activity with great influence over the city's economy (70%).

During the post-Revolution period, telecommunication services, banking and insurance, management