Before the reunification of Germany in 1990 there were over 8,000 state run enterprises in the GDR. The VEB (Volkseigener Betrieb) were publicly owned enterprises which were created after the second world war, during the period when there was a mass national nationalization of the private sector in the then Communist run half of Germany. Just before the fall of the Berlin Wall, in 1989 around
The Privatization of East Germany
Before the reunification of Germany in 1990 there were over 8,000 state run enterprises in the GDR. The VEB (Volkseigener Betrieb) were publicly owned enterprises which were created after the second world war, during the period when there was a mass national nationalization of the private sector in the then Communist run half of Germany. Just before the fall of the Berlin Wall, in 1989 around