Knowledge (XXG)

Economy of Dresden

Source 📝

285:. This collapse of economy caused an unemployment rate of about 18 to 19% in the early 1990s. The rate was lowered to 13 to 15% until 2010 but is still relatively high today. In May 2012 the unemployment rate reached a new record low of 8.9%. Nevertheless, Dresden is the city that has developed the most effectively in all of East Germany and has raised its GDP per capita to 31,100 Euro, which is equal to the GDP per capita of some poor West German communities (the average of the 50 biggest cities is around 35,000 Euro). In the discussion of alternatives in the policy of promoting the weak states of the former GDR, Dresden is often cited as an example of successfully subsidising the better-developed centres and regions. 308: 263: 102: 28: 17: 296:, the economy differs from the low-priced subcontracting that is often criticized in East Germany. Nevertheless, Dresden's economy involves extensive public funding. The rate of highly qualified staff is also high because lower-qualified employable people are often unemployed. Due to its dynamism, among other factors, the economy of Dresden is ranked among the best ten cities in Germany to live in. 483:
Another sobriquet of Dresden is connected with the media: Because citizens of Dresden were not able to receive (uncensored) television programmes broadcast in the former western states during Socialist times, Dresden gained the name "Tal der Ahnungslosen" which means "Valley of the Clueless". The
418:, is a newspaper with a circulation of about 50,000. The Sächsische Zeitung was established in 1946 and became the press media of the socialist party SED in the district of Dresden until 1990. It is now a much more independent newspaper with a small influence by the social-democratic party. 92:
came up in the 1960s. Dresden became a centre in the allocation of the former socialist combines that were centrally planned on the one side and had disposal of regional subunits of nationally-owned enterprises.
546: 695: 473:
realistically and freely. In 1990 the newspapers joined back together again and took back on the name Dresdner Neueste Nachrichten; the newspaper celebrated its 110-year anniversary in 2003.
339:), and Toppan Photomasks to site some of their production capability in Dresden. Their factories attract many suppliers of material and cleanroom technology enterprises to Dresden. 584: 480:
and hosts the regional studios. Dresden Fernsehen is a television channel broadcast in Dresden while there are a number of private radio stations broadcasting throughout Saxony.
462: 645: 534: 614: 558: 681: 327:
today. The labour force's knowledge and education in technology, as well as intensive subsidies, has drawn other enterprises and global players such as
622: 516: 530: 76:
have resettled in the city including the optical industry and the high quality foodstuffs industries. An international famous example is the
442: 592: 452: 688: 749: 744: 656: 73: 754: 719: 169: 774: 393: 470: 423: 415: 181: 173: 852: 497: 646:"Volksbank ist Nummer zwei in Ostdeutschland: Mehr Geld bewegen regionale Kreditgenossenschaften sonst nur in Berlin" 457: 350:
production. Another traditional pharmacy producer is the Arzneimittelwerke Dresden (Pharmaceutical Works, Dresden).
862: 648:[Volksbank is number two in East Germany: Regional credit unions usually only move more money in Berlin.]. 374: 168:) in the north of the city. The airport is connected by a commuter train line. Scheduled flights are offered to 800: 769: 477: 427:
has even older origins. It first came out in 1893 and ran until 1943 when its offices were closed down by the
739: 307: 447: 397: 262: 729: 328: 21: 332: 282: 650: 410: 177: 831: 779: 289: 278: 223: 106: 759: 362: 320: 266: 193: 805: 724: 704: 400:
is the largest cooperative bank in Saxony and the largest in the east outside of Berlin in 2018.
293: 437: 101: 826: 795: 764: 485: 89: 549:[From the history of the main office in Bautzen of the Volksbank Dresden-Bautzen eG] 857: 734: 114: 85: 52: 27: 16: 343: 204: 189: 165: 81: 465:). All these newspapers were controlled by Socialist censorship between 1949 and 1990. 251: 247: 235: 227: 846: 673: 208: 146: 77: 432: 69: 346:
Biologicals Dresden (former Sächsisches Serumwerk Dresden), is a world leader in
476:
Dresden is the home of the Saxon Broadcasting Center which is a subunit of the
353:
A third (traditional) branch is that of mechanical and electrical engineering.
370: 366: 354: 617:[Volksbank in Bautzen: 100 years of cooperative banking in Bautzen]. 547:"Aus der Geschichte der Hauptstelle Bautzen der Volksbank Dresden-Bautzen eG" 158: 154: 130: 150: 382: 243: 216: 212: 138: 118: 48: 358: 347: 336: 239: 231: 134: 44: 38: 414:
which has a circulation of around 300,000. The second main newspaper,
386: 185: 142: 126: 122: 304:
Three major sectors can be seen as dominating the Dresden economy:
428: 342:
The pharmaceutical sector came up at the end of the 19th century.
306: 261: 100: 80:
that left in the 1950s to avoid, like many other enterprises, its
26: 15: 587:[Volksbanken Dresden and Bautzen want to merge in 2017]. 378: 324: 200: 677: 615:"Volksbank Bautzen: 100 Jahre Genossenschaftsbanken in Bautzen" 488:
was known as "Außer Raum Dresden" ("except the Dresden area").
277:
The socialist enterprises had been inefficient already before
385:(Elbe Aircraft Works) is the leading company for rebuilding 469:
was the first newspaper in the GDR that reported about the
315:
The semiconductor industry was built up in 1969 around the
270: 585:"Volksbanken Dresden und Bautzen wollen 2017 fusionieren" 515:
State Office for statistics of the Free State of Saxony:
408:
The most important newspaper published in Dresden is the
68:
Many of the industries that made Dresden rich before the
199:
There is a larger inner harbour in Dresden. The river
814: 788: 712: 311:IABG proceeding inanition test of the Airbus A380 435:times, the same offices produced the newspapers 389:passenger aircraft to become freight aircraft. 161:train serves the Berlin-Dresden-Budapest line. 689: 644:Berger, Tilo; Rothe, Michael (6 March 2019). 526: 524: 396:and Volksbank Bautzen eG in August 2017, the 8: 535:Profile of Dresden in the 2006 city ranking 533:(organisation of an employer association): 121:train network. Direct lines are running to 696: 682: 674: 621:(in German). 19 April 2022. Archived from 288:With about 20% of its employees having a 531:Initiative Neue Soziale Marktwirtschaft 508: 281:and were not competitive in the German 557:(in German). June 2021. Archived from 164:Dresden has an international airport ( 31:International Congress Center, Dresden 211:offers an indirect connection to the 7: 463:National Democratic Party of Germany 394:Dresdner Volksbank Raiffeisenbank eG 292:and the city being the home of many 222:Dresden is connected by some longer 453:Liberal Democratic Party of Germany 203:waterway connects Dresden with the 188:. Furthermore, there are a lot of 14: 583:Poenisch, Carola (6 April 2016). 451:(the regional press organ of the 441:(the regional press organ of the 589:WochenKurier (wochenkurier.info) 317:Zentrum Mikroelektronik Dresden, 357:is currently manufacturing its 555:(volksbank-dresden-bautzen.de) 458:Sächsische Neueste Nachrichten 43:is one of the most dynamic in 1: 250:is running to Berlin and the 97:Transportation Infrastructure 41:and the Dresden agglomeration 619:volksbank-dresden-bautzen.de 471:Monday demonstrations in GDR 424:Dresdner Neueste Nachrichten 416:Dresdner Neueste Nachrichten 365:. The factory also produced 113:Dresden is connected in the 655:(in German). Archived from 591:(in German). Archived from 498:Economic history of Germany 157:among other cities while a 149:trains are also running to 879: 443:Christian Democratic Union 392:Formed from the merger of 84:. Other branches like the 398:Volksbank Dresden-Bautzen 105:Dresden central station ( 478:Mitteldeutscher Rundfunk 461:(the press organ of the 750:North Rhine-Westphalia 745:Mecklenburg-Vorpommern 312: 274: 254:is running to Prague. 110: 72:and disappeared under 32: 24: 517:Regional GDPs of 2004 448:Sächsisches Tageblatt 335:(now partly owned by 333:Infineon Technologies 310: 283:social market economy 265: 194:Mediterranean Regions 104: 90:aircraft construction 64:Historical background 30: 19: 755:Rhineland-Palatinate 279:German reunification 107:Dresden Hauptbahnhof 484:television channel 375:Bentley Flying Spur 363:Transparent Factory 321:joint stock company 294:research institutes 267:Transparent Factory 853:Economy of Dresden 775:Schleswig-Holstein 705:Economy of Germany 651:Sächsische Zeitung 411:Sächsische Zeitung 383:Elbe Flugzeugwerke 377:. A subsidiary of 313: 275: 192:especially to the 111: 33: 25: 863:Economy of Saxony 840: 839: 720:Baden-Württemberg 361:car model at the 290:university degree 258:Facts and figures 230:to Frankfurt and 190:touristic flights 870: 698: 691: 684: 675: 669: 668: 666: 664: 659:on 19 April 2022 653:(saechsische.de) 641: 635: 634: 632: 630: 625:on 20 April 2022 611: 605: 604: 602: 600: 595:on 19 April 2022 580: 574: 573: 571: 569: 564:on 19 April 2022 563: 552: 543: 537: 528: 519: 513: 207:and Prague. The 115:InterCityExpress 86:microelectronics 70:Second World War 53:applied research 878: 877: 873: 872: 871: 869: 868: 867: 843: 842: 841: 836: 810: 784: 708: 707:by jurisdiction 702: 672: 662: 660: 643: 642: 638: 628: 626: 613: 612: 608: 598: 596: 582: 581: 577: 567: 565: 561: 550: 545: 544: 540: 529: 522: 514: 510: 506: 494: 406: 344:GlaxoSmithKline 302: 260: 224:Bundesautobahns 205:Hamburg Harbour 166:Dresden Airport 99: 82:nationalization 66: 61: 47:, and includes 12: 11: 5: 876: 874: 866: 865: 860: 855: 845: 844: 838: 837: 835: 834: 829: 824: 818: 816: 812: 811: 809: 808: 803: 798: 792: 790: 786: 785: 783: 782: 777: 772: 767: 762: 757: 752: 747: 742: 737: 732: 727: 722: 716: 714: 710: 709: 703: 701: 700: 693: 686: 678: 671: 670: 636: 606: 575: 538: 520: 507: 505: 502: 501: 500: 493: 490: 405: 402: 301: 298: 259: 256: 238:is running to 98: 95: 65: 62: 60: 57: 13: 10: 9: 6: 4: 3: 2: 875: 864: 861: 859: 856: 854: 851: 850: 848: 833: 830: 828: 825: 823: 820: 819: 817: 813: 807: 804: 802: 799: 797: 794: 793: 791: 787: 781: 778: 776: 773: 771: 770:Saxony-Anhalt 768: 766: 763: 761: 758: 756: 753: 751: 748: 746: 743: 741: 738: 736: 733: 731: 728: 726: 723: 721: 718: 717: 715: 711: 706: 699: 694: 692: 687: 685: 680: 679: 676: 658: 654: 652: 647: 640: 637: 624: 620: 616: 610: 607: 594: 590: 586: 579: 576: 560: 556: 548: 542: 539: 536: 532: 527: 525: 521: 518: 512: 509: 503: 499: 496: 495: 491: 489: 487: 481: 479: 474: 472: 468: 464: 460: 459: 454: 450: 449: 444: 440: 439: 434: 430: 426: 425: 419: 417: 413: 412: 403: 401: 399: 395: 390: 388: 384: 380: 376: 372: 368: 364: 360: 356: 351: 349: 345: 340: 338: 334: 330: 326: 322: 318: 309: 305: 299: 297: 295: 291: 286: 284: 280: 272: 268: 264: 257: 255: 253: 249: 245: 241: 237: 233: 229: 225: 220: 218: 214: 210: 209:Midland Canal 206: 202: 197: 195: 191: 187: 183: 179: 175: 171: 167: 162: 160: 156: 152: 148: 147:CityNightLine 144: 140: 136: 132: 128: 124: 120: 116: 108: 103: 96: 94: 91: 87: 83: 79: 78:Dresdner Bank 75: 71: 63: 58: 56: 54: 50: 46: 42: 40: 29: 23: 20:Factories of 18: 821: 740:Lower Saxony 661:. Retrieved 657:the original 649: 639: 627:. Retrieved 623:the original 618: 609: 597:. Retrieved 593:the original 588: 578: 566:. Retrieved 559:the original 554: 541: 511: 482: 475: 466: 456: 446: 436: 422: 420: 409: 407: 391: 369:such as the 352: 341: 316: 314: 303: 287: 276: 221: 198: 163: 112: 67: 36: 34: 789:City-states 730:Brandenburg 367:luxury cars 319:which is a 300:Enterprises 37:economy of 847:Categories 504:References 455:) and the 371:VW Phaeton 355:Volkswagen 219:harbour). 178:Düsseldorf 59:Background 832:Stuttgart 780:Thuringia 467:Die Union 438:Die Union 431:. During 269:owned by 170:Frankfurt 159:EuroNight 155:Amsterdam 131:Frankfurt 74:communism 49:high-tech 760:Saarland 663:19 April 629:20 April 599:19 April 568:19 April 492:See also 373:and the 244:Hannover 217:Duisburg 213:Duisport 139:Budapest 119:EuroCity 858:Dresden 822:Dresden 806:Hamburg 725:Bavaria 445:), the 348:vaccine 337:Qimonda 240:Leipzig 232:Cologne 135:Hamburg 45:Germany 39:Dresden 827:Munich 815:Cities 801:Bremen 796:Berlin 765:Saxony 713:States 387:Airbus 381:, the 323:named 246:, the 234:, the 226:: The 186:Moscow 182:Vienna 174:Munich 151:Zürich 143:Vienna 127:Prague 123:Berlin 735:Hesse 562:(PDF) 551:(PDF) 429:Nazis 404:Media 665:2022 631:2022 601:2022 570:2022 421:The 379:EADS 359:ID.3 325:ZMDI 252:A 17 248:A 13 242:and 236:A 14 201:Elbe 184:and 153:and 141:and 117:and 88:and 51:and 35:The 486:ARD 433:GDR 329:AMD 228:A 4 22:AMD 849:: 553:. 523:^ 331:, 271:VW 196:. 180:, 176:, 172:, 145:. 137:, 133:, 129:, 125:, 55:. 697:e 690:t 683:v 667:. 633:. 603:. 572:. 273:. 215:( 109:)

Index


AMD

Dresden
Germany
high-tech
applied research
Second World War
communism
Dresdner Bank
nationalization
microelectronics
aircraft construction

Dresden Hauptbahnhof
InterCityExpress
EuroCity
Berlin
Prague
Frankfurt
Hamburg
Budapest
Vienna
CityNightLine
Zürich
Amsterdam
EuroNight
Dresden Airport
Frankfurt
Munich

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.