Economy
The main industries in Emden are automobile production and shipbuilding. Volkswagen runs a large production plant which builds the Volkswagen Passat car and which employs around 10,000 people. Emden is also one of the three main ports for car shipping in Europe (together with Zeebrugge in Belgium and Bremerhaven in Germany). More than 850,000 cars were imported and exported in 2005. The Nordseewerke shipyard, a subsidiary of ThyssenKrupp, employs around 1,400 dockers and specializes in conventional submarines. It also produces different kinds of cargo ships as well as ships for special purposes such as icebreakers, dredgers and other ships of that type.
Another important economic sector is tourism, mainly as a day trip destination for tourists staying in the surrounding villages on the North Sea coastline.
A university of applied sciences (Fachhochschule) was opened in 1973. At present, around 4.240 students are enrolled, most of them studying for technical degrees.
The airline Ostfriesische Lufttransport has its headquarters in Emden.
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Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)