State-owned enterprises of Germany

Zwinger is managed by the State Palaces, Castles and Gardens of Saxony

In the wake of the 2007 financial crisis Germany's stock of gross financial assets increased significantly, turning it into the second largest stock among OECD countries after the US.[1]

List

  • Deutsche Bahn (full ownership by Germany)
  • Hapag Lloyd 23,2% via city of Hamburg
  • Airbus/EADS 12%[2] (28% total with France and Spain)
  • a range of competing Landesbanken, regionally organised by the Länder, function predominantly to provide wholesale banking
  • Commerzbank 15,6%
  • the Sparkassen system, where more than 400 German SOEs hold more than 40% of bank assets in Germany[3][4]
  • Volkswagen Group 12.7% (20% of voting rights) (Through State of Lower-Saxony)
  • KfW Bank 100% and following assets amounting to a worth of $70.6Bn
  • Deutsche Telekom and T-Mobile (14.5% directly, 17.4% through KfW).
  • Deutsche Post 25.5% (through KfW) (Assets including DHL and Deutsche Postbank are therefore also partially owned by the state)
  • Hypo Real Estate Seized by SoFFin in 2003 to restore financial stability to the German housing market.
  • Bundesdruckerei (Federal Print Office) Renationalised in 2013
  • Germany owns an approximate 4% stake in British Telecom as 12% of the stake of British Telecom was sold to T-Mobile in early 2015.

Note that many smaller State owned enterprises are owned by individual states of Germany such as TransnetBW and Rothaus (State Brewery of Baden).

References

  1. ↑ OECD. "710. Financial balance sheets - consolidated - SNA 2008". Retrieved 27 November 2016.
  2. ↑ "Revamped Airbus lives up to the European dream". Telegraph.co.uk. 5 January 2014. Retrieved 12 September 2015.
  3. ↑ Hüfner, Felix, "The German Banking System: Lessons from the Financial Crisis", oecd.org, 1 July 2010.
  4. ↑ "Working Papers", oecd.org.
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