The Vereinigte Stahlwerke AG (VESTAG) was formed on 14 January 1926 through the merger of several of the leading mining and metallurgical companies of Germany, including the works of August Thyssen, the Phoenix AG für Bergbau und Hüttenbetrieb, the Rheinische Stahlwerke AG, those portions of the Deutsch-Luxemburgische Bergwerks und Hütten AG that lay within the postwar German borders, the Bochumer Verein für Bergbau und Gußstahlfabrikation and the Gelsenkirchener Bergwerks AG. As such it commands a dominant position in German metallurgy, representing an unprecedented combination of mines, steelworks and finishing plants. The firm operates twenty-eight coal mines, sixty-six separate metallurgical plants and numerous other industrial facilities, employing altogether more than 240,000 workers with an annual turnover in excess of three billion Reichsmarks. It is responsible for more than fifteen percent of German coal production and more than thirty percent of German steel-making capacity. The headquarters of the firm is located in the city of Düsseldorf.
The first chief executive officer of the enterprise was Albert Vögler, who served until 1935. The first chairman of the board of directors was Fritz Thyssen, while Ernst Poensgen, Carl Rabes and Gustav Knepper were also members of the board of directors.
In 1927 VESTAG organised the Deutsche Edelstahlwerke AG to bring under one firm the bulk of Germany’s high quality steel mills. Employing more than 15,000 workers this subsidiary firm remains the largest maker of high grade stainless and specialty steels in Europe. The headquarters of this subsidiary firm is located in the city of Krefeld.
In 1928 it organised Ruhrstahl AG to take charge of a number of specialist steel mills located in the heart of the Ruhr, including: the Henrichshütte Hattingen AG, from the locomotive manufacturer Henschel & Sohn AG, the Oberkassel and Gelsenkirchen works of the Rheinisch-Westfälische Stahl und Walzwerke AG, the Annener Gußstahlwerk in Witten-Annen, the Gußstahl-Werk in Witten and the Brackwede works of the Vereinigte Press und Hammerwerke Dahlhausen-Bielefeld AG. The headquarters of this subsidiary firm is located in the city of Witten.
In 1929 it organised the Mitteldeutsche Stahlwerke AG as part of the merger of the interests of Friedrich Flick with those of the Vereinigte Stahlwerke. The Flick interests included the Oberschlesische Eisenindustrie AG, the Bismarckhütte AG and the Kattowitzer AG für Bergbau und der Eisenhüttenbetrieb, with its interests in Czech and Polish metallurgical firms. Through the Mitteldeutsche Stahlwerke VESTAG also came to control the Linke-Hofmann-Busch-Werke AG, a consortium of railway equipment manufacturing firms in Saxony and Silesia.
In 1930 it acquired the firm Deutsche Maschinenbau AG, with its headquarters in the city of Duisburg. This firm had been created in 1910 through the merger of the Märkischen Maschinenbau-Anstalt L. Stuckenholz AG, of Wetter an der Ruhr, the Duisburger Maschinenbau AG of Duisburg, und the Benrather Maschinenfabrik GmbH of Benrath. This subsidiary specialises in the manufacture of cranes and other large industrial machines.
In addition to those cited above the numerous subsidiary and affiliate firms of the Vereinigte Stahlwerke AG include:
Brandenburger Eisenwerke GmbH, Brandenburg an der Havel (iron and steel)
Eisenwerk Maximilianshütte AG, Werk Haidhof (iron and steel)
Eisenwerk Maximilianshütte AG, Werk Sulzbach-Rosenberg (iron and steel)
Eisenwerk Maximilianshütte AG, Werk Unterwellenborn (iron and steel)
Fahrzeug und Motoren-Werke GmbH, Breslau (motor vehicles)
Hanseatische Kettenwerk GmbH, Hamburg-Langenhorn (tracked vehicles)
Harpener Bergbau AG, Dortmund (coal)
Hochofenwerke Lübeck AG, Lübeck (blast furnaces for iron)
Karlshütte Maschinen und Stahlbau GmbH, Waldenburg (machinery)
Linke-Hofmann-Busch-Werke AG, Breslau (railway equipment)
Märkische Walzwerk AG, Strausberg (rolling mills)
Maschinenfabrik Donauwörth GmbH, Donauwörth (armaments and machinery)
Mitteldeutsche Stahlwerke AG, Gröditz (iron and steel)
Nordseewerke GmbH, Emden (shipbuilding)
Presswerk Westfalen AG, Kierspe-Bahnhof (steel stamping)
Rawack und Grünfeld AG, Rostock (iron ore trading)
Siegener Eisenindustrie AG, Ernsdorf (specialty steels)
Spandauer Stahlindustrie GmbH, Berlin-Spandau (high quality steel)
Waggon und Maschinenfabrik AG vormals Busch, Bautzen (railway equipment)
Waggonfabrik Gebruder Schöndorff AG, Düsseldorf (railway equipment)
Westfälische Union Drahtindustrie AG, Hamm (wire rolling mills)
The iron and steel-making plants controlled by the Vereinigte Stahlwerke AG include:
August Thyssen-Hütte AG, Duisburg-Hamborn
Eisenwerke Gelsenkirchen AG, Gelsenkirchen
Eisenwerke Mühlheim-Meiderich AG, Mülheim (Ruhr)
Gußstahlwerk Bochumer Verein AG, Bochum
Gußstahlwerk Gelsenkirchen AG, Gelsenkirchen
Gußstahlwerk Oberkassel AG, Düsseldorf-Oberkassel
Gußstahlwerk Witten AG, Witten (Ruhr)
Hüttenwerk Dortmund AG, Dortmund
Hüttenwerk Geisweid AG, Geisweid
Hüttenwerk Hörde AG, Dortmund-Hörde
Hüttenwerk Huckingen AG, Duisburg
Hüttenwerk Ilsede Peine AG, Peine
Hüttenwerk Niederrhein AG, Duisburg
Hüttenwerk Oberhausen AG, Oberhausen
Hüttenwerk Rheinhausen AG, Rheinhausen
Hüttenwerk Ruhrort-Meiderich AG, Duisburg
Hüttenwerk Union AG, Dortmund
Rheinische Röhrenwerke AG, Mülheim (Ruhr)
Stahl und Röhrenwerk Reisholz AG, Düsseldorf-Reisholz
Stahl und Walzwerk Großenbaum AG, Duisburg-Großenbaum
Stahlwerk Hagen AG, Hagen
Stahlwerke Bochum AG, Bochum
The specialty steel-making plants controlled by the Deutsche Edelstahlwerke AG include:
Bergische Stahlindustrie AG, Remscheid-Honsberg
Felix Bischoff GmbH, Duisburg
Krefelder Stahlwerke AG, Krefeld
Magnetfabrik der Dortmunder Union GmbH, Dortmund-Aplerbeck
Stahlwerk Richard Lindenberg AG, Remscheid-Hasten
Stahlwerke Brüninghaus AG, Werdohl