Operation with state participation

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Operation with state participation , BSB for short , colloquially also semi-state operation , was the name of a special type of company of private medium-sized companies in the GDR .

history

The legal basis for state participation was a resolution of the GDR Council of Ministers of January 12, 1956, according to which the state German investment bank was authorized to enter into private limited partnerships as a limited partner , provided that there was an economic interest in doing so . This was intended to guarantee and improve the efficiency of important medium-sized companies, but primarily to ensure economic control by the state.

Formally, the conversion to companies with state participation was voluntary. Often, however, it was pursued with vigor on the part of the state organs - for example by converting previous loans or tax debts into shares. The converted operations led to the company with the addition of state participation or BSB . They were on an equal footing with the state-owned enterprises and included in the "system of state planning and management". As a result, the entrepreneurial decision-making options of the company owners were severely restricted. Nevertheless, the BSB were often characterized by flexibility and innovation.

In the 1960s, the BSB were of major importance for the GDR economy, especially as a supplier and to supply the population. As a result of the Council of Ministers resolution of February 16, 1972 on "Regulations for companies with state participation and on the position and tasks of the partner in the gradual (sic!) Takeover of companies in public ownership" and a further resolution of July 9, 1972, all Companies with at least ten employees "transferred to public ownership" in order to further strengthen the state sector of the economy. The previous company owners were compensated - with small amounts from today's point of view - and were often appointed as operations managers of the newly formed VEB .

After that, the private sector of the GDR economy existed with a few exceptions, e.g. B. the church companies, only from handicrafts and smaller retail and service companies. However, after 1990 various previous BODs were reprivatised.

Examples of companies with state participation

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literature

  • State participation in Meyer's small encyclopedia, third volume; VEB Bibliographisches Institut Leipzig, 1971
  • Heinz Hoffmann, The companies with state participation in the planned economy system of the GDR , Franz Steiner Verlag Stuttgart, 1999

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