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.
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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.
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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.
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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.
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today. The labour force's knowledge and education in technology, as well as intensive subsidies, has drawn other enterprises and global players such as
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have resettled in the city including the optical industry and the high quality foodstuffs industries. An international famous example is the
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646:"Volksbank ist Nummer zwei in Ostdeutschland: Mehr Geld bewegen regionale Kreditgenossenschaften sonst nur in Berlin"
457:
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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
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has even older origins. It first came out in 1893 and ran until 1943 when its offices were closed down by the
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is the largest cooperative bank in Saxony and the largest in the east outside of Berlin in 2018.
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549:[From the history of the main office in Bautzen of the Volksbank Dresden-Bautzen eG]
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465:). All these newspapers were controlled by Socialist censorship between 1949 and 1990.
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Biologicals
Dresden (former Sächsisches Serumwerk Dresden), is a world leader in
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Dresden is the home of the Saxon
Broadcasting Center which is a subunit of the
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A third (traditional) branch is that of mechanical and electrical engineering.
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617:[Volksbank in Bautzen: 100 years of cooperative banking in Bautzen].
547:"Aus der Geschichte der Hauptstelle Bautzen der Volksbank Dresden-Bautzen eG"
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which has a circulation of around 300,000. The second main newspaper,
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Three major sectors can be seen as dominating the
Dresden economy:
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The pharmaceutical sector came up at the end of the 19th century.
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that left in the 1950s to avoid, like many other enterprises, its
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587:[Volksbanken Dresden and Bautzen want to merge in 2017].
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200:
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615:"Volksbank Bautzen: 100 Jahre Genossenschaftsbanken in Bautzen"
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was known as "Außer Raum
Dresden" ("except the Dresden area").
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The socialist enterprises had been inefficient already before
385:(Elbe Aircraft Works) is the leading company for rebuilding
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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:
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The most important newspaper published in
Dresden is the
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Many of the industries that made
Dresden rich before the
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There is a larger inner harbour in Dresden. The river
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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.
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644:Berger, Tilo; Rothe, Michael (6 March 2019).
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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
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621:(in German). 19 April 2022. Archived from
288:With about 20% of its employees having a
531:Initiative Neue Soziale Marktwirtschaft
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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
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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
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254:is running to Prague.
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72:and disappeared under
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517:Regional GDPs of 2004
448:Sächsisches Tageblatt
335:(now partly owned by
333:Infineon Technologies
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283:social market economy
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194:Mediterranean Regions
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90:aircraft construction
64:Historical background
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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
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192:especially to the
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863:Economy of Saxony
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720:Baden-Württemberg
361:car model at the
290:university degree
258:Facts and figures
230:to Frankfurt and
190:touristic flights
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653:(saechsische.de)
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207:and Prague. The
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86:microelectronics
70:Second World War
53:applied research
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224:Bundesautobahns
205:Hamburg Harbour
166:Dresden Airport
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82:nationalization
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20:Factories of
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661:. Retrieved
657:the original
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627:. Retrieved
623:the original
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369:such as the
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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
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