Meissen Porcelain - Ownership

Ownership

At the beginning the Meissen manufactory was owned by the King of Saxony; by 1830 it came to belong to the State of Saxony. After World War II, most of the equipment was sent to the Soviet Union as part of war reparations. However, already by 1946, the workers using traditional methods and the kilns that had not been dismantled were able to resume production. The company became a Soviet Joint Stock Company in Germany. Almost all of the production was sent to the Soviet Union, a crucial step that kept the artisan community alive. After the establishment of the German Democratic Republic, the company was handed over to German ownership in 1950 and became a people-owned company. Meissen Porzellan turned out to be one of the few profitable companies in the economically troubled East German system, earning much needed foreign currency. After the German reunification in 1990, the company was restored to the State of Saxony which is the sole owner. While its products are expensive, the high quality and artistic value make Meissen porcelain very desirable by collectors and connoisseurs.

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