The Czechoslovak Capital of West Germany: The Story of Peute Reederei

There are numerous interesting topics pertaining to the economy of socialist Czechoslovakia that have not received sufficient attention in the secondary literature. One of these topics is the question of the capital penetration of socialist enterprises into Western (capitalist) Europe. In this essay, we examine the circumstances of the establishment and subsequent activities of the Peute Reederei company, which had both Czechoslovak and West German capital participation, based on a company archive which, however, has survived only in fragments. The company was established under West German law and had its headquarters in West Germany. Data on Peute Reederei were drawn from available unpublished and published archival materials, period and professional literature, and journalism, but we would above all like to express our gratitude to the private family archive of Mr. Rudolf Hurt (Hurt Archive), which provided the authors with archival materials concerning the Hamburg branch of the Czechoslovak Elbe-Oder Shipping Company.