page_title: Blato, Korčula
section_title: Economy
hierarchical_section_title: Blato, Korčula / Economy
caption_attribution_description: Hrvatski: Avenija lipa u Blatu na Korčuli English: Avenue of tilia in Blato on Korčula
context_page_description: Blato is a municipality on the island of Korčula in Croatia. It can be reached by the main island road from town of Korčula. The road runs through the forests in the middle of the island of Korčula.
context_section_description: During the long history of Blato, the economy has been oriented around the production of agricultural products, especially wine.  Olive oil, wine, carob and fig trees are the most significant products of the region. In the early 20th century Blato produced over 1000 carts of wine and 30 wagons of olive oil for export. In addition, they produced legumes and cereals for their own use. Strong development of agriculture led to the development of ancillary services such as crafts and commercial activities.
  After the Second World War, Blato began a new cycle of development. They further developed the metal industry, textile industry, tourism and the agricultural industry. The population continued to decline, albeit more slowly than before. Industrial production in Blato, in recent times has seen a down turn with the closure of the textile factory Trikop. Metal industry and agriculture remains important for the economy. Tourism now plays an important role. Hotels and private apartments in Prizba and Prigadica have given new momentum to the economy of Blato.
  The main economic entities in Blato today are:
  Radež Inc., a company manufacturing marine equipment and steel structures, the largest employer on the island
  Blato 1902 dd company for the purchase, processing and trade of agricultural products.
  Small artisans (craft and other services associated in the Association of Craftsmen)
  Individual agricultural production of wine and olive oil
  Tourism (rental apartments and houses for rent, hotels)
  Trade (trade houses and chains)
  Plumbing Blato dd
  Eko doo Company for Utilities
  Schools, municipalities and other government institutions and offices.
caption: Lipa avenue in Blato, Korčula.
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