Treuhandanstalt

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Treuhandanstalt

An agency of the German government charged with privatizing numerous state-owned companies in East Germany. Created a few months before the reunification of Germany in 1990, Treuhandanstalt was responsible for 8,500 publicly-owned companies. It privatized many; this was controversial as it necessitated the laying off of two and a half million state employees. The agency was dissolved in 1994 and its remaining assets were transferred to successor agencies. The term "Treuhandanstalt" is German for "trust agency."
References in periodicals archive ?
As the current DAT Report (German Automobil Treuhand GmbH) shows, the purchase price and the rate of the finance payments are two of the three top criteria when it comes to making a vehicle purchase.
By contrast, MG's German auditor Klynveld Peat Marwick Goerdeler Deutsche Treuhand Gesellschaft (KPMG) showed an accounting loss of $291 million for the same period for MGRM under German accounting rules, though press accounts suggest that these losses may have been deliberately inflated to discredit the previous management.
Maitland then moved from analysis to history, broaching the medieval Treuhand of Lombardic succession law as a possible precedent or parallel.
Michael Macnair, The Conceptual Basis of Trusts in the 17th and 18th Centuries, in Itinera Fiduciae: Trust and Treuhand in Historical Perspective 207, 235 (Richard Helmholz & Robert Zimmermann eds.
El derecho germanico medieval sin embargo conoce un instituto similar al fideicomiso, el Treuhand (<<manofiel>>).
The reason for this deficiency, according to previous studies by the Ifo Institute, is particularly the policy of rapid wage convergence, a policy that resulted from the proxy wage negotiations conducted by the western German social partners prior to the privatisation of the Treuhand enterprises.
This Greek Treuhand would be based in - wait for it - Luxembourg, and would be run by an outfit overseen by Germany's finance minister, Wolfgang Schauble, the author of the scheme.
One of the first places I visited was the vast labyrinth of the Treuhand Anstalt, Trust Agency, that was the government holding body that took over responsibility for more than 8,500 East German companies with more than 4 million employees, and slowly found new owners and introduced them to the market economy.
7 billion), Schwarz Unternehmens Treuhand KG - Germany (87.
Mitteldeutsche Kali era una empresa estatal que estaba en un notable estado de insolvencia, y cuya permanencia en el mercado se debia unicamente al apoyo de Treuhand, cuya ayuda ya no podia seguir siendo efectiva en virtud de la regulacion comunitaria en ayudas estatales.
Die Treuhand, Bonn und die Wirtschaftskatastrophe der funf neuen Bundeslander.
75) BA Berlin, R 1501/2936, Deutsche Automobil Treuhand to Oberkommando der Wehrmacht, 12 October 1944.