United Railway Construction and Operating Company
The United Eisenbahn-Bau- und Betriebs-Gesellschaft AG (VEB) was a railway company that built and / or operated a large number of mostly non-contiguous railway lines in Central Europe .
history
The company was founded in Berlin on October 8, 1895 as a stock corporation . She took over the business of a GmbH of the same name, which was liquidated at the same time.
The company built and operated numerous branch lines. However, they sold the majority of the routes in Germany before the outbreak of the First World War . The routes in the former Danube Monarchy could no longer be managed from Germany after the war. The operation of overburden railways in the Rhenish lignite mining area was added as a business area in the 1920s . In 1924, the main shareholder, Georg Futter, who traded in railway superstructure material , was a Munich investor group in 1926. The economic situation was difficult. During this time, the VEB mainly built sidings .
In 1932, the VEB - badly hit by the global economic crisis - applied for bankruptcy , but this was rejected for lack of funds. So the final end dragged on until 1938. The main shareholder Max Blaser took over the entire company assets.
stretch
VEB built and operated railways under its own company , but also acted as a holding company for other railway companies that it owned but formed a separate legal entity or in which it held shares. The routes were mainly in the German Empire , Austria-Hungary and their successor states. In Vienna the VEB maintained a branch for its railways in the Austro-Hungarian monarchy.
The routes included:
literature
- Jochen Fink: The Hanauer Kleinbahnen . Kenning & VGB, Nordhorn 2019. ISBN 978-3-944390-13-0 , p. 14.
Web links
- Documents and newspaper articles on the United Railway Construction and Operating Company in the 20th Century press kit of the ZBW - Leibniz Information Center for Economics .
Remarks
- ↑ Instead of Kořenov, Fink gives the Czech place name "Zelený Důl", a deserted area in the municipality of Brandov in Okres Most (Brüx).