Penetration Of The German Capital In The Belgrade Mining Stock Companies In The 1930-Ties Cover Image

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Penetration Of The German Capital In The Belgrade Mining Stock Companies In The 1930-Ties

Author(s): Ranka Gašić
Subject(s): History
Published by: Institut za savremenu istoriju, Beograd

Summary/Abstract: The political agenda of the Third Reich in the 1930s and its preparations for the war resulted in a sharp increase of German capital penetration in the Southeast Europe. The use of southeast European industrial raw materials in Germany has been going on since the 1870s. However, it has reached its climax in the Nazi period due to the regime of economic autarchy. The Nazi state leadership was highlymotivated to obtain raw materials which were essential for the war economy. This becomes apparent when looking into the ownership structure and the model of overtaking the shares of the mining stock companies based in Belgrade. Behind all such transactions there were a few powerful German mining concerns that were influenced by the state leadership, either by Hermann Goering directly, or through the „Mitteleuropaeischer Wirtschaftstag“. The representatives of Yugoslav capital and the Yugoslav state in the domestic mining stock companies were also, in many different ways, connected to Germany - either as legal advisors of the German firms, through their own business relations, or in their legal or political capacity as representatives of government bodies and government-owned corporations. The Kingdom of Yugoslavia was closely connected to the German economy in the late1930s by several bilateral agreements, which ultimately led to its political dependence on the Third Reich.

  • Issue Year: 2013
  • Issue No: 1
  • Page Range: 9-22
  • Page Count: 14
  • Language: Serbian
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