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The department for the Management of Party Enterprises mainly provided services for the Central Committee such as property management, catering, guest houses, the polyclinic, the childcare facilities and the transport service. The department was also responsible for the procurement of office materials and the provisioning of office spaces.
The Volkseigenes Gut (German for "People-Owned Property" or "Publicly Owned Estate"; abbreviated VEG) was a state-owned farm in the German Democratic Republic (GDR), corresponding to the Soviet Sovkhoz and the Państwowe Gospodarstwo Rolne in the People's Republic of Poland.
The New Economic System (German: Neues Ökonomisches System), officially the New Economic System of Planning and Management, was an economic policy that was implemented by the ruling Socialist Unity Party (SED) of the German Democratic Republic (GDR) in 1963.
An extensive economic management reform by the SED in February 1958 included the transfer of a large number of industrial ministries to the State Planning Commission. In order to accelerate the nationalization of industry, the SED offered entrepreneurs 50-percent partnership incentives for transforming their firms into VEBs. At the close of ...
The economy of the German Democratic Republic (East Germany; GDR, DDR) was a command economy following the model of the Soviet Union based on the principles of Marxism-Leninism. Sharing many characteristics with fellow COMECON member states — the East German economy stood in stark contrast to the market and mixed economies of Western Europe ...
The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
The East Germany portal offers an overview of the most important and newest articles on the subject of East Germany, the former Communist state officially known as the German Democratic Republic or GDR The portal contains links to a cross-section of articles from the areas of history and politics, geography and economy, art and culture, and some of the important personalities from the region.
East Germany (German: Ostdeutschland [ˈɔstˌdɔʏtʃlant] ⓘ), officially known as the German Democratic Republic (GDR; Deutsche Demokratische Republik [ˈdɔʏtʃə demoˈkʁaːtɪʃə ʁepuˈbliːk] ⓘ, DDR [ˌdeːdeːˈʔɛʁ] ⓘ), was a country in Central Europe from its formation on 7 October 1949 until its reunification with West Germany (FRG) on 3 October 1990.
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