Economy

Svishtov Municipality has an exceptionally well-developed educational infrastructure. It fully meets the needs of the Municipality both in terms of territorial coverage and education levels. Moreover, the traditions in this field and the quality of education have helped shape the image of Svishtov as an academic town - a town of young people.

As of 31 December 2000 the leading higher economic school in the country - D.A.Tsenov Academy of Economics www.uni-svishtov.bg employed a total of 245 teaching staff and 379 administrative and supporting staff, with over 10,000 students enrolled in full-time, part-time, and distance learning Baccalaureate, Master's and Ph.D. programs.

The presence of competent teachers, high-quality textbooks and learning aids, modern information environment and resources make Svishtov Municipality a leading academic center. Thus every year thousands of specialists in the fields of finance, accounting and economics graduate from the former trade college, opened 65 years ago thanks to the generous donation of the prominent Svishtov entrepreneur Dimitar Apostolov Tsenov, and they will always carry in their hearts Svishtov and its academic spirit. The extensive international contacts, active development of the instruments of educational marketing, and most notably, the assurance of highest quality make Svishtov and its Academy of Economics a kind of Cambridge in the Balkans. Compared with the other academic towns in Bulgaria, Svishtov has the highest rate of students relative to the general population.

The needs in the sphere of education include building up an effective management structure and ensuring optimal distribution of the funds from the municipal budget. The more serious concerns include retaining the children and adolescents of school age in the community, analyzing education needs and adjusting the system of education to the labor market, priority development of students' communication capacity through foreign language instruction and computer and information technology training.

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