In order to preserve the financial base the business operations of the Preußische
Treuhand GmbH & KG a.A. shall be financed by the interest earned on the proceeds
from selling shares. For the time being the workload is relying on volunterr's time
only. The current position of the CEO of the GmbH is unsalaried. The same holds
true for the office management position.
The management activities concentrate on:
Administrating and securing the claims on real estate and other assets
in the Prussian provinces east of the rivers, Oder and Neisse.
The Preußische Treuhand shall be a strategic instrument supported by and
for all the organizations of displaced persons or victims and all others who are
in some way involved. Purchase of property and other assets in the Prussian
provinces east of the Oder and Neisse rivers.
Securing assets from and in the Prussian provinces east of the Oder and Neisse rivers.
Safe-keeping and securing the claims begins with the entry of the data and
a description of each claim (for real estate especially the land registry data),
requires the submission or acquisition of documentation (e.g. land registry
excerpts) and finally ends in asserting the claims against the authorities
of the displacing country. Administrating and securing the claims also involves
the demand for support and diplomatic protection by the German administration
and authorities, the involvement of European authorities, taking legal
action where feasible and, last but not least, public relation activities in
order to gain public support.
The claimants need to pay a one-time trust enrolment fee plus extra charges for
special services, e.g. procurement of documents or notarizations. Unfortunately
the current financial situation limits activities to the most important issues.
These are, in short, the registration and administration of claims, procurement
of documents, taking assertive action on behalf of the claimants against the authorities
of the expulsion countries and gaining the support of additional claimants and shareholders
by advertising activities.
In the cases of return or repurchase of confiscated properties a trust administration
of the process will be required. This can be done either by the management or -
as a more practicable approach - by local partners. The costs incurred will
have to be paid by the owners who regain their property. A possibly subsequent trust
administration may involve the leasing of the property, perhaps to the latest beneficiary.
The proceeds from the lease would at least have to cover all administrative expenses.
Any profits beyond that would have to be either administrated for the rightful owners
or paid out to them.