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 The German Democratic Republic
Famous quotes containing the words state and/or industrial:
“Every new development for the last three centuries has brought men closer to a state of affairs in which absolutely nothing would be recognized in the whole world as possessing a claim to obedience except the authority of the State. The majority of people in Europe obey nothing else.”
—Simone Weil (1909–1943)
“Revolution? Unscrew the flag-staff, wrap the bunting in the oil covers, and put the thing in the clothes-chest. Let the old lady bring you your house-slippers and untie your fiery red necktie. You always make revolutions with your mugs, your republic—nothing but an industrial accident.”
—Alfred Döblin (1878–1957)