Vereinigte Stahlwerke (Q507842)

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former German coal company
  • VSAG
  • VSt
  • United Steelworks
  • Vestag
  • Stahlverein
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Language Label Description Also known as
English
Vereinigte Stahlwerke
former German coal company
  • VSAG
  • VSt
  • United Steelworks
  • Vestag
  • Stahlverein

Statements

instance of
business
0 references
country
Germany
0 references
owned by
Friedrich Flick
1 reference
stated in
Encyclopædia Britannica
reference URL
https://www.britannica.com/biography/Friedrich-Flick
quotation
Flick’s first job after studying in Cologne was as clerk in a coal-mining business.Within eight years he had become a member of the board of directors. He soon bought stock in the giant Vereinigte Stahlwerke (“United Steelworks”) and amassed a controlling interest by 1930. He was accused of manipulating stock prices during the Great Depression, allowing him to sell his interest for three times its fair market value. With the proceeds, Flick expanded his empire to include iron-ore and coal mines, foundries, steel mills, chemical plants, trucks, airplanes, railroad interests, and munitions plants. He became Adolf Hitler’s biggest industrial supplier and supporter. Flick’s wealth was estimated at $1,000,000,000. (English)
has subsidiary
Q1622846
1 reference
subject named as
Schwerter Profileisenwalzwerk AG
stated in
20th Century Press Archives
PM20 folder ID
co/044150
retrieved
1 July 2021
Stahlunion Ingenieurbau Gesellschaft mbH der Vereinigten Stahlwerke
1 reference
subject named as
Stahlunion Ingenieurbau Gesellschaft mbH der Vereinigten Stahlwerke AG
stated in
20th Century Press Archives
PM20 folder ID
co/044163
retrieved
1 July 2021
Gelsenkirchener Bergwerks-AG
1 reference
subject named as
Gelsenkirchener Bergwerks-Aktien-Gesellschaft
stated in
20th Century Press Archives
PM20 folder ID
co/045809
retrieved
1 July 2021
Q2538010
1 reference
subject named as
Wurag Eisen-und Stahlwerke AG
stated in
20th Century Press Archives
PM20 folder ID
co/081722
retrieved
1 July 2021
country of origin
Austria
0 references
supervisory board member
Commons category
Vereinigte Stahlwerke
0 references

Identifiers

museum-digital person ID
179445
0 references
 
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