Konsum Österreich
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Konsum Österreich
Konsum is a name used by several consumer cooperatives, including: *Coop Konsum, part of Kooperativa Förbundet in Sweden * Konsum, a state-controlled retailer in the former German Democratic Republic *Konsum Österreich, a former retail co-operative and part-owner of BAWAG in Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...
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Consumer Cooperative
A consumers' co-operative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. Such co-operatives operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Consumers' cooperatives often take the form of retail outlets owned and operated by their consumers, such as food co-ops. However, there are many types of consumers' cooperatives, operating in areas such as health care, insurance, housing, utilities and personal finance (including credit unions). In some countries, consumers' cooperatives are known as cooperative retail societies or retail co-ops, though they should not be confused with retailers' cooperatives, whose members are retailers rather than consumers. Consumers' cooperatives may, in turn, form cooperative federations. These may come in the form of cooperative wholesale societies, through which consumers' ...
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Kooperativa Förbundet
KF ( sv, Kooperativa Förbundet, "Co-operative Union") is a federation of consumer co-operatives in Sweden and a retail group, with groceries as its core business. History KF was founded in 1899 by 41 local consumer co-operatives in order to support them with information and education of store managers and board members. Soon KF also became responsible for common procurement of goods. In the 1930s KF expanded rapidly during the management of Albin Johansson, setting up various industries in order to support the co-operative grocery stores. 1950-1970 KF was at the forefront of the Swedish retail trade by developing new and bigger store formats and it was one of the major business groups in Scandinavia. In the beginning of the 1990s, as a response to a financial crisis, KF decided to sell out all its industries and focus on retail trade only. Around year 2000 KF formed the retail chain Coop Norden along with its Nordic co-operative counterparts, Danish FDB and Norwegian Coop NKL. ...
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Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ...
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Konsum (East Germany)
Konsum () is a cooperative retail chain founded in 1945 by the Soviet Military Administration in occupied East Germany. It consisted of grocery stores, retail markets, industrial plants, and restaurants, and was a direct competitor to the Handelsorganisation 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 cre ....Burchard Bösche, Jan-Frederik Korf: ''Chronik der deutschen Konsumgenossenschaften. 150 Jahre Konsumgenossenschaften in Deutschland. 100 Jahre Zentralverband deutscher Konsumgenossenschaften e. V.'' Hamburg 2003. After German reunification in 1990, Konsum was not dissolved, as it was not a state-owned enterprise like Handelsorganisation. Today, it exists in limited capacity, mostly as a real estate management cooperative. References Organisations based in East Germ ...
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East Germany
East Germany, officially the German Democratic Republic (GDR; german: Deutsche Demokratische Republik, , DDR, ), was a country that existed from its creation on 7 October 1949 until its dissolution on 3 October 1990. In these years the state was a part of the Eastern Bloc in the Cold War. Commonly described as a communist state, it described itself as a socialist "workers' and peasants' state".Patrick Major, Jonathan Osmond, ''The Workers' and Peasants' State: Communism and Society in East Germany Under Ulbricht 1945–71'', Manchester University Press, 2002, Its territory was administered and occupied by Soviet forces following the end of World War II—the Soviet occupation zone of the Potsdam Agreement, bounded on the east by the Oder–Neisse line. The Soviet zone surrounded West Berlin but did not include it and West Berlin remained outside the jurisdiction of the GDR. Most scholars and academics describe the GDR as a totalitarian dictatorship. The GDR was establish ...
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Retail Co-operative
A consumers' co-operative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. Such co-operatives operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Consumers' cooperatives often take the form of retail outlets owned and operated by their consumers, such as food co-ops. However, there are many types of consumers' cooperatives, operating in areas such as health care, insurance, housing, utilities and personal finance (including credit unions). In some countries, consumers' cooperatives are known as cooperative retail societies or retail co-ops, though they should not be confused with retailers' cooperatives, whose members are retailers rather than consumers. Consumers' cooperatives may, in turn, form cooperative federations. These may come in the form of cooperative wholesale societies, through which consumers ...
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BAWAG
BAWAG (German language: ''Bank für Arbeit und Wirtschaft'') was a bank in Austria founded in 1922. On October 1, 2005, it merged with the separate ''Österreichische Postsparkasse'' (P.S.K.) to form the "Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG", shortened as BAWAG P.S.K. In October 2017, BAWAG Group AG, the holding company of BAWAG P.S.K., became a listed company on the Vienna Stock Exchange. Largest shareholders are GoldenTree Asset Management (21.8%) and T. Rowe Price (5.6%). History Bank für Arbeit und Wirtschaft BAWAG was founded in 1922 by the Austrian Chancellor Dr. Karl Renner as the ''Arbeiterbank'' (Austrian Worker's Bank), not so much to extend favourable terms of credit to ordinary people, but to spare them to resort to more capitalist institutions (cit. Renner). Socialist trade unions and the Großeinkaufsgesellschaft für österreichische Consumvereine (Austrian consumer associations procurement company) each hold a 40% stake in th ...
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