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Aspects of the Contribution of Banking and Industrial Capital to the Development and Modernization of Gold Mining during the Existence of „Mica” Company (1920-1948)


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  • Mircea Baron

    (University of Petroşani, Romania)


The paper approaches certain aspects regarding the involvement of the banking and industrial capital in the development and modernization of gold mining during the existence of „Mica” Company (1920-1948). The paper presents the political and economic factors contributing to the positive results in the field. It also provides examples of the way in which the banking and industrial capital was involved in: the nationalization of the Romanian industry in general, and of mining in particular; the foundation of mining companies or the attraction of important investors; the creation of specialized credit institutions; the establishment of the gold price and the granting of credits, etc.

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Bibliographic Info

Article provided by University of Petrosani, Romania in its journal Annals of University of Petroşani.

Volume (Year): 7 (2007)
Issue (Month): ()
Pages: 5-28

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Handle: RePEc:pet:annals:v:7:y:2006:p:5-28

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Keywords: Romania; mining gold; banking and industrial capital; „Mica” Company.;


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Cited by:
  1. Berumen, Sergio A., 2012. "Evaluación del impacto de la política de incentivos sectoriales en el desarrollo de los municipios mineros de Castilla y León," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 17(33), pages 15-30.


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