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:
“A work can become modern only if it is first postmodern. Postmodernism thus understood is not modernism at its end but in the nascent state, and this state is constant.”
—Jean François Lyotard (b. 1924)
“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)