Handelsorganisation
Industry | Retail, hotels, dining, industrial goods |
---|---|
Founded | 1948 |
Defunct | 1990 |
Number of locations | 35,000 (1960) |
Owner | Government of the German Democratic Republic |
The Handelsorganisation (“Trading Organisation”, or HO) was a national retail business owned by the central administration of the Soviet Zone of occupation in Germany and from 1949 on by the state of the German Democratic Republic. It was created in 1948. The enterprise was arranged into different departments – industrial goods, food, restaurants and department stores – and operated the large “Centrum” department stores in many cities of the GDR. Its stores stood in competition to those of the Konsum cooperative. Nevertheless, both were established brands in the everyday life in the GDR. The HO also operated hotels. After the political turmoil in the GDR in the years 1989 and 1990 the business was sold by the Treuhand trust.
See also
Categories:
- Articles lacking sources from December 2007
- Organisations based in East Germany
- Economy of East Germany
- Germany–Soviet Union relations
- Companies of the Soviet Union
- 1948 establishments in East Germany
- Retail companies established in 1948
- 1990 disestablishments in East Germany
- Retail companies disestablished in 1990
- German company stubs