TravelTill

History of Craiova


JuteVilla
t, at the end of the 19th century, the city of Craiova, with its 40,000 inhabitants, had developed small factories (producing chemicals, farming utilities, and construction materials) and textile factories. On October 26, 1896, the Craiova power station entered service (with AEG equipments working at 310 CP, supplying 365 streetlights on 39 streets, forming a 30 km-long network); Craiova was the first city in the country to be supplied with electric power by internal combustion engines.

In 1900, Craiova had 43.1% of the industrial units of Oltenia; these numbered 924 industrial companies (including 20 large industrial establishments, employing 1,078 workers). The number of large industrial establishments rose to 40 by 1925. Banking also developed at the beginning of the 20th century (when 6 banks and 2 bureaux de change were already operating).

In the interwar period, Craiova, as the centre of an agricultural region, experienced little further industrialization; the number of industrial workers remained comparatively small. In 1939, Craiova had 7 industrial units with over 100 workers: the clothing industry companies Oltenia and Scrisul Românesc were well-known all over the country and abroad.

In the early 1960s, under the Communist regime, the city became a noted centre for the automotive and engine building industries, as well as for aerospace manufacturing, chemical industry, food industry, construction, electrical engineering, mining and the electrical power industry.

After the 1989 Revolution brought the re-establishment of a free market and decentralisation in overall management, several industries became subject to privatisation, while the market opened itself to private initiatives. Industry, although affected by economic

JuteVilla