Volkseigener Betrieb
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Volkseigener Betrieb was the main legal form for state-owned enterprises in the planned economy of the German Democratic Republic. VEBs constituted the majority of the economy of East Germany, includi
VEB Carl Zeiss Jena facility in 1978
Treuhandanstalt
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The Treuhandanstalt, colloquially referred to as Treuhand, was a government agency of the German Democratic Republic from June to October 1990 and reunified Germany from 1990 to 1994, responsible for
Volkseigener Betrieb
…due to outdated and labour intensive practices, which made many of them unprofitable and heavily in debt. Around 8,000 VEBs were transferred to the Treuhandanstalt for privatisation and most were liquidated from 1990 to 1994. VEBs first appeared during mass nationalisation in the Soviet occupation zone between…
The Treuhandanstalt headquarters at Alexanderplatz in Berlin.
Steel workers protest in Berlin in front of the Treuhand, December 1990.