It is situated on the road that leads to Falakro Ski Resort. Most residents are engaged in farming, logging, while some are engaged in agriculture and mining of the marble. Tourist infrastructure was rapidly develope, recently, with new hostels that accommodate ski lovers.
It is worth visiting Volaka on the weekend of January 6-8 so as to enjoy the local customs, such as the "bara", the "arapides" and the "bears". Also on the day of the Holy Spirit, the faithful decorate the horses and mules and go up to the chapel of the Holy Spirit in Falakro mountain, to perform a festival followed by doxology, including dances, songs and traditional kourbani (boiled goat with vegetables). On the afternoon the riders indulge in horse racing around the square.