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Reichswerke Hermann Göring was an industrial conglomerate in Nazi Germany from 1937 until 1945. It was established to extract and process domestic iron ores from Salzgitter that were deemed uneconomical by the privately held steel mills.
Die Reichswerke Hermann Göring waren neben der I.G. Farben und der Vereinigte Stahlwerke AG der größte Konzern im nationalsozialistischen Deutschen Reich. Die Bezeichnung „Reichswerke Hermann Göring“ ist eine vereinfachende Abkürzung, die sowohl den ganzen Konzern als auch einzelne Gesellschaften dieses Konzerns bezeichnen kann.
In July 1937, the Reichswerke Hermann Göring was established under state ownership – though led by Göring – with the aim of boosting steel production beyond the level which private enterprise could economically provide.
Mar 3, 1994 · The chief instrument for industrial exploitation was the state holding company, the Reichswerke ‘Hermann Göring’, first set up in the summer of 1937 to exploit Germany’s low-grade domestic iron ores.
Dec 10, 2020 · When the Nazis enacted their Four Year Plan to provide for the rearmament and self-sufficiency of Germany in 1936, Hermann Göring was made plenipotentiary (having the full power of independent action on behalf of the government). In this role he established the Reichswerke Hermann Göring, employing 700,000 workers and profiting 400 million marks.
In the autumn of 1942, the industrial conglomerate known as the “Reichswerke Hermann Göring” established the Drütte satellite camp of Neuengamme concentration camp in the grounds of the Braunschweig iron and steel works in Salzgitter in order to produce artillery shells.
It was named the "Reichswerke A.G. fiir Erzbergbau und Eisen-hiitten 'Hermann Goring,' " and the initial capital paid in by the government amounted to 5 million marks. This action of Goring's seriously undermined the position of Reichsbank Pres-ident Schacht, for it overruled his authority and weakened his
