Economy of Ostrobe

The Economy of Ostrobe

History
Ostrobe's economy was historically oriented towards European trade. In the period following WWII Ostrobe did not trade with other countries until late 1948. Since that time, it has pursued diversification of its trade with the world and integration into Western and transatlantic institutions vigorously. Ostrobe joined the European Union in 2007 and the World Trade Organization on 1st January 2008.

Oil
Ostrobe (along with United Kingdom, Norway, Denmark, Germany and the Netherlands) is focus on mining in the North Sea. 30 offshore oil bases are around the Treien Bay Area and the Sunshine Coast Area. Gas companies like, North West Gas and Harborren Gas, are responisble of the oil and gas supply in Ostrobe.

Agriculture
Traditionally Ostrobe's economy has been centered on agriculture. Farming has been a livelihood for many Ostrobians for over 1000 years. The majority of Ostrobe's produce has been for domestic consumption

Wine Making
Ostrobe is famous for its wines. The major wine making consort is, Chester Valley, Harborren which process over 100 wine glases everyday, it is sold as Chester Valley wine and is sold all over the world. The largest commercial wine variety is Chester Wine other varieties include Erren Wine and the cheaper supermarket own versions

Automobile
The automobile buisness sprang up with Harlenchester Motors in the consort of Harlenchester in Erren, but by mid-century there were many more companie such as Auto-Mobil and Ascort but German car manufactors are building factories in Ostrobe aswell such as BMW, Audi, Mercedes-Benz, Porsche and Volkswagen. In the 21st century, there is a handfull of companies that sell cars headquartered in Ostrobe.

Microprocessor manafacturing
Intel owns 6 manafacturing plants in Treien Docklands and Intel is headquartered in Neotsfield, Elementarron. It also employs thousands of people to work at Intel, it exports its processors all over Europe, mainly in the UK.

Tourisim
Tourism is an extremely large sector of the economy, present almost everywhere in Ostrobe. Tourism began in the early 20th century and by the 1950s thousands of American and European tourists came to Ostrobe yearly.

Banking/finance
Banking in Ostrobe is dominated by four main banks, Deutsche Bank, Berenberg Bank, Frens Building Socitey and HSBC. These four (and their subsidiaries/affiliates) make up nearly 90% of banking in the country. There are other smaller banks in the country, the most prominent being Edgware Bank. Regional banking with savings banks  is also very important to the economy.

Other financial services make up a singificant proportion to the economy, both domestically and in a European sense.