Glossary entry

German term or phrase:

Treuhand

English translation:

Treuhandanstalt/Treuhand agency

Added to glossary by Natascha Spinetto
Aug 28, 2008 12:51
15 yrs ago
10 viewers *
German term

Treuhand

German to English Social Sciences History
from a question: Frage 1 : Rückblick auf den Transformationsprozess – Anfang mit Treuhand – wichtigsten Punkte aus Ihrer Sicht bis heute?
Proposed translations (English)
4 +2 Treuhandanstalt/Treuhand agency
Change log

Sep 11, 2008 05:51: Natascha Spinetto Created KOG entry

Proposed translations

+2
13 mins
Selected

Treuhandanstalt/Treuhand agency

Etwas mehr Kontext wäre hilfreich; so gehe ich davon aus, dass es sich hier um die Treuhandanstalt handelt, die für die Privatisierung der staatlichen Unternehmen nach der Wiedervereinigung Deutschland zuständig war.

siehe auch WIKIPEDIA:
The Treuhand (Treuhandanstalt or Treuhand agency) was the agency that privatized the East German enterprises owned as public property (common property). Created by the Volkskammer on June 17, 1990, it oversaw the restructuring and selling of about 8,500 firms with initially over 4 million employees. At that time it was the world's largest industrial enterprise.

Its operations drew heavy criticism for unnecessary closing off of profitable businesses, misuse and waste of funds and unnecessary layoffs. When its operations ended in 1994, it had amassed 260 to 270b DM in debt. It had gained a mere 30b DM from sales of its units.

Peer comment(s):

agree Paul Kachur : Treuhand is pretty much a fixed concept that is best paraphrased rather than translated
3 hrs
danke, Paul
agree KARIN ISBELL : Stimmt
4 hrs
danke, Karin
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
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