Deutsche Schiff- und Maschinenbau [SEP] dissolved or abolished
Deutsche Schiff- und Maschinenbau
Deutsche Schiff- und Maschinenbau Aktiengesellschaft (abbreviated Deschimag) was a cooperation of eight German shipyards in the period 1926 to 1945. The leading company was the shipyard AG Weser in Bremen.
History.
The Deschimag was founded in 1926 when influential Bremen merchants and bankers decided to found a cooperation of great German shipbuilding companies under the leadership of the shipyard AG Weser. The intention was to coordinate and concentrate activities of German shipyards for higher efficiency but last not least mainly to support Bremen´s shipyard AG „Weser
Bertha's shares to Alfried, giving him the name "Krupp" and dispossessing his siblings.
During the war, Krupp was allowed to take over many industries in occupied nations, including Arthur Krupp steel works in Berndorf, Austria, the Alsacian Corporation for Mechanical Construction (Elsaessische Maschinenfabrik AG, or ELMAG), Robert Rothschild's tractor factory in France, Škoda Works in Czechoslovakia, and Deutsche Schiff- und Maschinenbau AG (Deschimag) in Bremen. This activity became the basis for the charge of "plunder" at the war