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25 years of Aufbau Ost

25 years of Aufbau Ost

In the 25 years since the wall came down, people in the former GDR have put in a huge amount of effort and achieved a great deal – some of it with the help of KfW Group. Since 1990, KfW has made more than 194 billion euros available in loans to support business start-ups, modernisation of the housing stock and rehabilitation of municipal infrastructure. Money well spent – because eastern Germany today once again boasts a healthy SME sector, attractive city centres and modern infrastructure. 'A marvellous achievement by people in both the east and the west', as the former CEO of KfW Group, Dr Ulrich Schröder, emphasises 2015.

Interview with Werner Genter, KfW Director

First loans from a hotel room: an interview with KfW Director Werner Genter on KfW, East German reconstruction and the scent of the GDR

Read interview

Looking back

A new SME sector

The first two borrowers were Wolfgang Neustadt and Hans-Jürgen Hentzschel – whose construction company remains a success to this day.

Renovation boom in the east

An old building in eastern Germany – before renovation... (photo: KfW photo archive)

.. and after renovation – Thanks to low-interest KfW loans a great deal of old housing stock has been saved and the housing standard raised considerably. (photo: KfW photo archive)



KfW Group

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