Handelsorganisation
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The Handelsorganisation ("Trading Organisation", or HO) was a national retail business owned by the state of the German Democratic Republic. It was created in 1948. The enterprise was arranged into the different departments - industrial goods, food, restaurants and department stores. The large "Centrum" department stores were present in many cities in the GDR, and the department stores of the HO stood in competition to those. While both stores were owned by the state, in the initial years of the GDR the government particularly gave preference to the HO. Nevertheless both were established brands in the everyday life in the GDR. The HO also operated hotels. After the political turmoil in the GDR in the years 1989 and 1990 the business was sold by the Treuhand trust.
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