Industry and Education
Bielefeld was a linen-producing town, and in the early 1920s the Town's Savings Bank (Stadtsparkasse) issued money made of linen, silk and velvet. These items were known as 'stoffgeld'.
In addition to home appliance manufacture and various heavy industries, Bielefeld companies include Dr. Oetker (food manufacturing), Möller Group (leather products and plastics) and Seidensticker (clothing and textiles).
Bielefeld University was founded in 1969. Among its first professors was notable contemporary German sociologist Niklas Luhmann. Other institutions of higher education include the Theological Seminary Bethel (Kirchliche Hochschule Bethel) and the Bielefeld University of Applied Sciences (German: Fachhochschule Bielefeld), which offers 21 courses in 8 different departments (agriculture and engineering are in Minden) and has been internationally recognized for its photography school.
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