Local Economy

Strategy regarding the local economic development comprises elements of other development strategies where can be included elements proper for representative economic sectors.
The main locally competitiveness sources are:
♦ Quality of life - given by the incomes level, structure of consumption, level o prices on local market, especially at the lands and constructions level
♦ Infrastructure - in qualitative increase
♦ Local institutions - strenghtening of their capacity to administer the public assets and to take decisions that make the economic environment attractive for local, national and foreign investors.
♦ Unit of vision of institutions but also of those with civil society.

Development strategy of local economy goes from the elements that may lead to the competitiveness increase:
1. Encouragement of economic growth at the level of enterprise, from the productivity perspective and of the turnover, knowing that the welfare degree at local level is given by the sum of individual actor's welfare.
2. Stimulation and support of investments in key sectors of local economy in order to increase competitiveness and their occupation degree.
3. Identification of some new activity sectors and their spatial organization.
4. Assurance of labor force with qualifications demanded by enterprises profile that develop their activity in the area.
5. Conclusion, support and maintenance of partnerships in the strategy elaboration and application.
6. Strengthening of institutional capacity on local plan.

Budgetary resources being at disposal and alloted to local economic development do not cover even by far the existent needs of the community.
Hence, within the far-reaching project there is no possibility of their financing from own resources. For this reason it is necessary to take measures as: efficiency of spending public money as well as identifying some alternative income sources. Hence it is imposed the extension of local taxing by increasing the jobs number, the creation of well paid jobs (based on the principle higher salaries - higher incomes to the budget), the use of management instruments of public debt (municipal bonds, credit) and the procurement of additional incomes by the valorization of assets from public sector. Another way by which the lack of local insufficient funds for supporting far-reaching projects (infrastructure) can be replaced, is by some public - private partnerships, the private capital being able to replace the insufficiency of public resources necessary for the initiation of such projects. The key of success in this type of cooperation is the professional public administration, able to establish a clear harmonization frame of the public interest with the private one.
The level of the investments is fairly reduced. In this way, it is necessary on one hand the maintenance and stimulation of existent investors and on the other hand the attraction of new investors that to make the local economic environment as competitive as possible. The attraction of private investments is absolutely necessary for the local economic development, the public authorities being those who shall create the necessary conditions when the proposed investments correspond to public needs.
The power of small entrepreneurs existent in present in the local economy is reduced, not existing among them any entrepreneurial spirit. Also the bank - financial system does not support the commencement of a business, the access to credits being difficult. Therefore, small entrepreneurs must be supported so that the sector SME to develop in order to face up the competitional market, this being the guarantee of a healthy economic development (the restructuration effects of some fields can be infinitely grave in case of some important economic agents, while SME are more adaptable and more flexible to the market's demands)
• Knowing that the economic growth is strongly linked to the infrastructure development - especially of communication paths as well as of utilities and business infrastructure - it is absolutely necessary that local authorities exploit the land resources that they own, even non viable that have to be at investors' disposal.
It is necessary the establishment of some close contacts between the administration and private agents, so that it can satisfy in a great extent the investors' needs by eliminating the useless authorities, the decrease of demands evaluation length and decision draft up, when it is about the first steps in organizing a business.

Industrial branches of tradition are: furniture and textile industry.
From the representative commercial societies we mention:
SC SILVANA SA - scope of activity: manufacturing of knit articles
SC ANGAR SRL - scope of activity: manufacturing of knit articles
SC ALEDA SRL - scope of activity: manufacturing of knit articles
SC KULCSAR CONF SRL - scope of activity׃ manufacturing of garments
SC ROMBEL SRL - scope of activity׃ manufacturing of other types of furniture
SC CESIMEX SA - scope of activity: manufacturing of furniture

Agriculture
The total surface of the town is of 6.777 hectares where the agricultural land is of 5.027 ha from which pasture 1096 ha, and hay-fields 301 ha.
Predominant cultures: corn (800 ha), potato (120 ha), straw cultures: 510 ha.
Forests are in surface of 1076 ha, that are in private property in proportion of 85%.
The agrarian surface/inhabitant is of 0,62 ha.

Due to the specific soil and climate conditions, the non-performant subsistence agriculture, especially for self consumption, oriented for the procurement of corn, wheat, potatoes, vegetables and fruit production, being of a strictly local importance. The lack of association, as well as the poor technological endowment, does not lead to the practice of an efficient agriculture. The low prices on the procurement market do not offer them a real earn and neither the possibility of its development.

Among the traditional activities of the inhabitants there is animals breeding, activity that in present starts to revigorate by funds accessing in order to set up farms. In 2007, 4 pig farms have been built, having a capacity of 11.200 annual heads, in future planning their extension.