largest city park in Poland (830 ha). The city was also once famous for its industry. Unfortunately, some great monuments have been destroyed, for example, the church in the Old Market Square and the Municipal Theatre. Additionally, the Old Town lost a few characteristic tenement houses, including the western frontage of the Market Square. The city also lost its Gothic castle and defensive walls. In Bydgoszcz, there are a great number of villas in the style of typical garden suburbs. Economy In the city, there are 38 banks represented through a network of 116 branches (including the headquarters of the Bank Pocztowy SA), whilst 37 insurance companies also have offices in the city. JP Morgan Chase, one of the largest financial institutions in the world, has established a branch in Bydgoszcz. Most industrial complexes are scattered throughout the city, however, the 'Zachem' chemical works deserve attention, covering tens of square kilometers in the south-east of the city, the remnants of the German explosives factory built in World War II occupy an area which has its own rail lines, internal communication, housing, and large forested area. the open-air museum, Exploseum, was built on its base. Since 2001, Bydgoszcz has been annually subjected to international 'verification' ratings. In February 2008 the Agency 'Fitch Ratings', recategorised the city, increasing its rating from BBB-(stable forecast) to BBB (stable estimate). In 2004, Bydgoszcz launched an Industrial and Technology Park of 283 hectares, an attractive place for doing business as companies that relocate there receive tax breaks, 24-hour security, access to large plots of land and to the media, the railway line Chorzów Batory – Tczew (passenger, coal), the DK5 and DK10 national roads, and future freeways S10 and S5. Bydgoszcz Airport is also close by. The city has, in recent years, become one of Poland's most important economic centres. This is especially true for the role the city plays in the economy of the Kuyavian-Pomeranian Voivodeship, of which it is, along with Toruń, capital Culture Bydgoszcz is a major cultural centre in the country, especially for music. Traditions of the municipal theatre date back to the 17th century, when the Jesuit college built a theatre. In 1824, a permanent theatre building was erected, and this was rebuilt in 1895 in a monumental form by the Berlin architect Heinrich Seeling. The first music school was established in Bydgoszcz in 1904; it had close links to the