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The Vereinigte Stahlwerke AG (VSt or Vestag, United Steelworks) was a German industrial conglomerate producing coal, iron, and steel in the interbellum and during World War II. During the 1930s, VSt was one of the biggest German companies and, at times, also the largest steel producer in Europe.
The only three companies in 1938 with large foreign subsidiaries were Siemens with 11.2 percent of the workforce employed abroad, Allgemeine Elektrizitäts-Gesellschaft with less than 20 percent and Mannesmann with 10 percent. In 1938 seven of the 100 largest German companies were subsidiaries of foreign companies, all of them included in the list.
Like Swiss banks, American car companies deny helping the Nazi war machine or profiting from forced labor at their German subsidiaries during World War II. [9] "General Motors was far more important to the Nazi war machine than Switzerland," according to Bradford Snell. "The Nazis could have invaded Poland and Russia without Switzerland.
During the war Germany's industry was heavily bombed. The Germans built large-scale night-time decoys like the Krupp decoy site (German: Kruppsche Nachtscheinanlage) which was a German decoy-site of the Krupp steel works in Essen. During World War II, it was designed to divert Allied airstrikes from the actual production site of the arms factory.
Companies acquired from Jews under Nazi rule (51 P) I. ... Pages in category "Companies of Nazi Germany" The following 14 pages are in this category, out of 14 total.
While being under German control, the Reichswerke had the great majority of its assets and workforce located outside of Germany, since it had grown largely by absorbing non-German companies from conquered territories before and during the war. 70 per cent of its net assets and 76.5 per cent of its workforce were outside of the Reich by 1943 ...
The Heinkel company is most closely associated with aircraft used by the Luftwaffe during World War II. This began with the adaptation of the He 70 and, in particular, the He 111, to be used as bombers. Heinkel also provided the Luftwaffe's only operational heavy bomber, the Heinkel He 177, although this was never deployed in significant numbers.
It provided one-eighth of German steel output during the Second World War [6] and created a Nazi-controlled military complex that was independent of private interests. [7] By the end of 1941 the Reichswerke became the largest company in Europe [8] and probably in the whole world, with a capital of 2.4 billion ℛ︁ℳ︁ and about half a ...