The Vermögensverwaltungsgesellschaft Sachsen-Anhalt mbH, based in Magdeburg, manages assets in the interest of the state of Saxony-Anhalt. Its core business includes the acquisition, holding, and sale of real estate and corporate shares. The company generates its revenue exclusively from the leasing of agricultural land. The company employs no staff of its own and is represented by managing director Frank Ribbe.
Halten und Verwalten von Vermögensgegenständen im Interesse des Landes Sachsen-Anhalt. Hierzu können Vermögensgegenstände aller Art, insbesondere Immobilien und Unternehmensanteile, erworben, gehalten, veräußert oder unter Beachtung des Landesinteresse zur Nutzung an Dritte überlassen werden.
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Stendal Local Court, HRB 21059 (as of 1 November 2026)
| Name | Type | City |
|---|---|---|
| Frank Ribbe | Geschäftsführer(in) | Samswegen |
Source: German Commercial Register (Handelsregister) Stendal Local Court, HRB 21059 (as of 1 November 2026)
| Date | Event Type | Event |
|---|---|---|
| 28.05.2019 | Company Name Change | Vermögensverwaltungsgesellschaft Sachsen-Anhalt mbH |
| 28.05.2019 | Registered Seat Change | Magdeburg |
| 28.05.2019 | Business Address Change | Große Diesdorfer Straße 56/57, 39110 Magdeburg |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 09.09.2014 | Share Capital Set | — | 100.000 € |
Source: German Commercial Register (Handelsregister) Stendal Local Court, HRB 21059 (as of 1 November 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2024 | €314,374 | €148,511 | €22,013,232 | — |
| 2023 | €312,000 | €2,840,885 | €25,379,260 | — |
| 2022 | €322,119 | €201,632 | €22,768,273 | — |
| 2021 | €312,526 | €239,886 | €23,564,645 | — |
| 2020 | €341,282 | €272,610 | €23,311,524 | — |
| 2019 | €620,000 | €28,000 | €24,276,751 | — |
| 2018 | ≤ €12M1 | — | €24,383,103 | — |
| 2017 | €1,067,000 | — | €25,791,265 | — |
| 2016 | €1,163,794 | — | €26,085,788 | — |
| 2015 | €919,434 | — | €26,169,688 | — |
1 Small companies are not required to publish a profit-and-loss statement (§ 326 (1) HGB). The figure shown is the statutory ceiling under § 267 HGB where the balance-sheet total makes it binding — a company may exceed at most one of the three size criteria.
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Source: German Commercial Register (Handelsregister) Stendal Local Court, HRB 21059 (as of 1 November 2026)
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| Cost type | Amount | Share |
|---|---|---|
| Interest & Similar | €94 | 100.0% |
