State Industrial Sector
On 1 January 1954, the Soviet government turned over to the GDR thirty-three industrial concerns including the Leuna and Buna chemical works, and the GDR became the owner of all the enterprises in its territory.
Read more about this topic: Economy Of East Germany
Famous quotes containing the words state and/or industrial:
“In common with other rural regions much of the Iowa farm lore concerns the coming of company. When the rooster crows in the doorway, or the cat licks his fur, company is on the way.”
—For the State of Iowa, U.S. public relief program (1935-1943)
“Adulthood is the ever-shrinking period between childhood and old age. It is the apparent aim of modern industrial societies to reduce this period to a minimum.”
—Thomas Szasz (b. 1920)