When Hoesch started production in Dortmund in 1874, Germany was in the midst of an extreme economic crisis: banks collapsed, companies went bankrupt, wage cuts, redundancies, demonstrations and riots were the order of the day.
In this museum talk , Hans Wacha sheds light on these early years of the Hoesch iron and steelworks. Hoesch not only mastered the crisis between 1873 and 1879, which threatened its very existence, but also developed into a successful large company by 1899.
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