Prague Iron Industry Company
The Prague Iron Industry Company, with its main plant in Kladno, was one of the largest mining companies in the Danube Monarchy and around 1900 the power base of the industrialist Karl Wittgenstein .
history
Wittgenstein acted as the company's central director from 1885–1898. In 1886 he brought the Teplitz rolling mills into the Prague Iron Industry Company in exchange for shares, thereby establishing the first Austrian iron cartel. In 1889 he founded the Poldi hut in Kladno , named after his wife Leopoldine. A second main factory of the Prague Iron Industry Company was located in Königshof .
The company was under the influence of Creditanstalt for a short time , but Karl Wittgenstein then decided on the Lower Austrian Escompte-Gesellschaft as the house bank. The company received extensive armaments contracts for the Austro-Hungarian army during the First World War , and in the Second World War it became part of the Reichswerke Hermann Göring .
The Prague Iron Industry Company operated its own mining railways ( Kladno-Nučice Railway , Wilkischner Montanbahn ) near Kladno and Pilsen .
literature
- Karl M. Brousek: The big industry of Bohemia 1848-1918 , Verlag Oldenbourg, Munich 1987 ISBN 978-3-486-51871-9 .
- Richard L. Rudolph: Banking and Industrialization in Austria-Hungary: The Role Of Banks In The Industrialization Of The Czech Crownlands, 1873-1914 , Cambridge University Press 2008