Organs of a GmbH – management, control & resolution

A limited liability company can only function if all its bodies work together. This requires a high level of trust and an equally high level of reliability for the individual shareholders.

Managing Director – The Management Body

A GmbH has at least one managing director who, according to his employment, is characterised by a management authority in the internal relationship and a power of representation in the external relationship. This can be one of the GmbH shareholders – one then also speaks of shareholder managing directors – but does not have to be. The term of office is not limited in time.

Supervisory Board – The supervisory body + Labour Director

The composition of the supervisory board is prescribed in different legal sources depending on the number of employees of a company. A supervisory board consists of both members of the company – i.e. the shareholders – and employees, with all members of the supervisory board having the same rights and obligations.

If the company has fewer than 500 employees, the law does not require the establishment of a supervisory board. In this case, the GmbH may decide for itself whether or not a supervisory body appears to make sense for the company from a situational point of view.

One-Third Participation Act for more than 500 employees

If there are more than 500 employees, the One-Third Participation Act (DrittelbG) comes into play. This limits the supervisory board to a minimum of three and a maximum of 21 council members. The size of the supervisory board is directly related to the size of the company. As the name of the law suggests, one third of the supervisory board must be made up of employees, who are elected as employee representatives by the entire workforce in a ballot.

Montan Co-Determination Act for more than 1,000 employees (coal and steel industry)

Coal and steel companies with more than 1,000 employees are subject to the Coal and Steel Co-Determination Act (Montan-MitbestG). Companies that are active in mining and the iron and steel producing industry are considered to be part of the coal and steel industry. The supervisory board is formed on an equal footing between the employer side and the employee side. In addition, the so-called “neutral man” is appointed. As a rule, the supervisory board consists of eleven members – depending on the share capital, it can be expanded to 15 or 21 members if necessary. Furthermore, there is a requirement to appoint an equal member to the Board of Management as Director of Labor Relations. All members of the Supervisory Board are elected at the Company’s Annual General Meeting, taking into account the proposals made by the Works Council.

Co-determination Act for more than 2,000 employees

In the case of more than 2,000 employees, on the other hand, the German Co-Determination Act of 1976 (MitbestG) applies. Accordingly, the supervisory board is composed of equal numbers of employees and shareholders. The shareholders’ side provides the chairman of the supervisory board, who may make use of his double vote in the event of a stalemate. In addition, an equal member must be appointed to the management board to take the position of labor director. Depending on the size of the company, between twelve and 20 supervisory board members may be appointed according to the MitbestG. If the GmbH does not have more than 8,000 employees, the election takes place directly; in all other cases, the election is conducted by secret ballot and is subject to the principles of proportional representation.

Shareholders’ meeting – The decision-making body

A shareholders’ meeting is convened by registered letter from the managing director(s). During the meeting, the GmbH shareholders can discuss and vote on important matters of the company, which is why the shareholders’ meeting is also defined as a decision-making body. Each shareholder receives votes in proportion to his share in the company. Thereby, the shareholder is granted one vote per 50 Euros.

Establish a GmbH: Legal form and alternatives

1. Limited liability company (GmbH)
2. Special case: Real estate GmbH
3. Legal forms: List

Limited liability company (GmbH)

Limited Liability Company (Gesellschaft mit beschränkter Haftung, GmbH) – The limited liability company is a German legal form that is founded by at least one person and managed by at least one shareholder. As the name already indicates, this corporate legal form is characterized by a limitation of liability for its shareholder(s).

• Limited liability company (GmbH)

Special case: Real estate GmbH

Immobilien GmbH / Vermögensverwaltende GmbH / Immobiliengesellschaft – In this article you will learn the basics about real estate companies. Who would think of founding a limited liability company when buying a house or a condominium? Admittedly, this makes no sense for owner-occupation, but it does for renting.

• Real estate company

Here you will find all the legal forms that can be chosen as a founder in Germany and a guide with a checklist:

Legal forms: List

Legal forms – What types of company are there? If you want to start your first company, then choosing the ideal legal form is one of the first steps in the process of setting up a company. Whether it’s a special real estate company or a start-up, I’ve summarized all the types of companies in Germany for you here.

• Legal forms: List

Baden-Württemberg: Camping Tips

After a stressful time in the office and a lot of customer contact, a camping holiday can do you a lot of good. The fresh country, mountain and sea air cleanses you internally and brings peace to the mind. So you can really get going again after your holiday. You don’t have to leave Germany for a camping holiday. On the contrary, especially in Germany there are many campsites with different price ranges, attractions and locations.

Vacation, recreation and finally switch off in Baden-Württemberg

Summertime is excursion time and you don’t know where you want to go next time? Here are the best camping tips for Baden-Württemberg. We show you the wilderness like in Canada, beaches like in Italy and flower meadows like in Holland. Here are the best campsites for nature enthusiasts who want to enjoy the summer with their tent, caravan or motorhome. City trips like to Paris, Milan or Venice are nice holiday destinations. But if you need a rest and want to switch off, you can escape from everyday life in the beautiful nature of Baden-Württemberg.

Map: Baden-Wuerttemberg

In the west lies the Upper Rhine Plain, which is bordered by the Black Forest and the southern Odenwald. To the east and north is the Southwest German stratified plain with the Swabian Alb. Finally, in the southeast of Baden-Württemberg, there is a part of the Alpine foothills with the Württemberg Allgäu. Baden-Württemberg borders on the Upper Rhine in the west, the High Rhine in the south and Lake Constance on Switzerland and Bavaria. Market insights: property in Munich. The largest rivers within Baden-Württemberg are the Rhine, the Neckar and the Danube. Here there are many opportunities to hike the landscape and city of Baden-Württemberg.

For campers, there are roads and trails on this map to help you along. However, you should always have a map with you or be familiar with signposts, as your mobile phone reception does not always work in the countryside.

Baden-Württemberg from above – Video

The south of Germany is a great green spot. Besides the hiking trails and rivers, there are traditional beer gardens, vineyards, delicacies, where you can make a cozy evening after hiking. Who can not do without wellness, has here the possibilities in Spa’s to do something good for his body.

Likewise, you can experience German history. Castles and palaces offer tours and in small villages you can experience the old town and try traditional delicacies. In this video you will find an insight into the world of Baden-Württemberg.

Campsite recommendations in Baden-Württemberg

Here you can find our small selection of recommendations for Baden-Württemberg! You want even more? On Campwerk you’ll find many more campsite recommendations for many cities in Baden- Württemberg like Bräunlingen, Freudenstadt and Gaienhofen.

Camping ground Horn – Gaienhofen (175 places)

Camping ground Horn – Camping in Gaienhofen (address: Strandweg 18 in 78343 Horn) with 175 pitches for campers on a total area of 6 ha and a plot size of 100-120 m². Per person you pay 6,50 Euro, children 4,00 Euro as well as stand fee 10,00 – 11,00 Euro, payable with cash, Maestro, Mastercard, Visa. Read more: Camping ground Horn in Gaienhofen.

Directions, address and camper capacities at Camping Horn:

• Address: Strandweg 18 in 78343 Horn, Germany
• Location: Gaienhofen, Baden-Württemberg
• 175 pitches for campers
• 2 rental accommodations
• 85 places for permanent campers
• 100-120 m² plot size
• Total size in ha: 6
• Directions (Google Maps): Camping ground Horn

Camping ground Kirnbergsee – Bräunlingen (95 places)

Camping ground Kirnbergsee – camping in Bräunlingen (address: Seestr. 15 in 78199 Unterbränd) with 95 sites for campers on a total area of 5 ha and a plot size of 70-90 m². Per person you pay 6.50 euros, children 4.50 euros and stand fee 9.50 euros, payable in cash. Read more: Kirnbergsee campground in Bräunlingen.

Directions, address and camper capacities at the Kirnbergsee campsite:

• Address: Seestr. 15 in 78199 Unterbränd, Germany
• Location: Bräunlingen, Baden-Württemberg
• 95 pitches for campers
• 14 Rental accommodation
• 78 places for permanent campers
• 70-90 m² plot size
• Total size in ha: 5
• Directions (Google Maps): Camping site Kirnbergsee

Camping ground Langenwald – Freudenstadt (90 places)

Camping ground Langenwald – camping in Freudenstadt (address: Straßburger Str. 167 in 72250 Freudenstadt) with 90 pitches for campers on 2 ha total area and a plot size of 100-110 m². Per person you pay 9,50 Euro, children 6,50 Euro as well as stand fee 10.00 Euro, payable with cash, Maestro, Mastercard, Visa. Read more: Langenwald campground in Freudenstadt.

Directions, address and camper capacities at Camping Langenwald:

• Address: Strassburger Str. 167 in 72250 Freudenstadt, Germany.
• Location: Freudenstadt, Baden-Wuerttemberg
• 90 pitches for campers
• 4 rental accommodations
• 15 places for permanent campers
• 100-110 m² plot size
• Total size in ha: 2
• Directions (Google Maps): Camping site Langenwald

Camping ground Lauberg – Reutlingen (45 places)

Camping ground Lauberg – camping in Reutlingen (address: Hinter Lau 7 in 72587 Böhringen) with 45 pitches for campers on a total area of 4.8 ha and a plot size of 100 m². Per person you pay 6,00 Euro, children 4,50 Euro as well as stand fee 19,00 – 21,00 Euro, payable with cash payment. Read more: Camping ground Lauberg in Reutlingen.

Directions, address and camper capacities at the Lauberg campsite:

• Address: Hinter Lau 7 in 72587 Böhringen, Germany
• Location: Reutlingen, Baden-Württemberg
• 45 pitches for campers
• 3 rental accommodations
• 120 places for permanent campers
• 100 m² plot size
• Total size in ha: 4.8
• Directions (Google Maps): Camping Lauberg

Camping ground Markelfingen – Radolfzell at Lake Constance (100 places)

Camping ground Markelfingen – camping in Radolfzell at the Lake of Constance (address: Unterdorfstr. 25 in 78315 Markelfingen) with 100 pitches for campers on a total area of 2.6 ha and a plot size of 60-90 m². Per person one pays 6.00 euros, children 3.00 euros as well as stand fee Inclusive, payable with cash payment. Read more: Markelfingen campsite in Radolfzell on Lake Constance.

Directions, address and camper capacities at the camping Markelfingen:

• Address: Unterdorfstr. 25 in 78315 Markelfingen, Germany
• Location: Radolfzell on Lake Constance, Baden-Württemberg
• 100 pitches for campers
• 2 rental accommodations
• 50 places for permanent campers
• 60-90 m² plot size
• Total size in ha: 2.6
• Directions (Google Maps): Camping ground Markelfingen

Camping ground Nell – Nußdorf (20 places)

Camping ground Nell – Camping in Nußdorf (address: Zur Barbe 5 in 88662 Nußdorf) with 20 pitches for campers on 1 ha total area and a plot size of 80-100 m². Per person one pays 5,50 Euro, children 3,00 Euro as well as stand fee 10.00 Euro, payable with cash payment. Read more: Nell campsite in Nußdorf.

Directions, address and camper capacities in camping Nell:

• Address: Zur Barbe 5 in 88662 Nußdorf, Germany
• Location: Nußdorf, Baden-Württemberg
• 20 pitches for campers
• 30 places for permanent campers
• 80-100 m² plot size
• Total size in ha: 1
• Directions (Google Maps): Camping Nell

Camping ground Reisachmühle – Neckarsulm (95 places)

Camping ground Reisachmühle – camping in Neckarsulm (address: Reisachmühle 6 in 74172 Neckarsulm) with 95 sites for campers on 2.3 ha total area. Per person you pay 6.00 Euro, children 4.00 Euro as well as stand fee 6.00 Euro, payable with cash payment. Read more: Reisachmühle campground in Neckarsulm.

Directions, address and camper capacities at Reisachmühle camp site:

• Address: Reisachmühle 6 in 74172 Neckarsulm, Germany.
• Location: Neckarsulm, Baden-Württemberg
• 95 pitches for campers
• 70 places for permanent campers
• Total size in ha: 2.3
• Directions (Google Maps): Camping site Reisachmühle

Camping ground Schloss Helmsdorf – Immenstaad at Lake Constance (85 places)

Camping ground Schloss Helmsdorf – camping ground in Immenstaad at Lake Constance (address: Helmsdorf Schloss 1 in 88090 Immenstaad) with 85 pitches for campers on a total area of 6.5 ha and a plot size of 80-100 m². Per person one pays 9,00 Euro, children 4,20 Euro as well as stand fee Inclusive, payable with cash payment. Read more: Campsite Schloss Helmsdorf in Immenstaad on Lake Constance.

Directions, address and camper capacities at Camping Schloss Helmsdorf:

• Address: Helmsdorf Schloss 1 in 88090 Immenstaad, Germany
• Location: Immenstaad am Bodensee, Baden-Württemberg
• 85 pitches for campers
• 9 Rental accommodation
• 235 places for permanent campers
• 80-100 m² plot size
• Total size in ha: 6.5
• Directions (Google Maps): Camping ground Schloss Helmsdorf

Camping ground Kirchberg Castle – Immenstaad at Lake Constance (140 places)

Camping ground Kirchberg Castle – camping ground in Immenstaad at the Lake of Constance (address: in 88709 Hagnau) with 140 pitches for campers on a total area of 7.8 ha and a plot size of 80-120 m². Per person one pays 5,00 Euro, children 3,00 Euro as well as stand fee 9,00 – 14,50 Euro, payable with cash payment. Read more: Campsite Kirchberg Castle in Immenstaad on Lake Constance.

Directions, address and camper capacities at the Kirchberg Castle campsite:

• Address: 88709 Hagnau, Germany
• Location: Immenstaad am Bodensee, Baden-Württemberg
• 140 pitches for campers
• 230 places for permanent campers
• 80-120 m² plot size
• Total size in ha: 7.8

Camping ground Schluchsee – Schluchsee (240 places)

Camping Schluchsee – camping in Schluchsee (address: Gwann Zeltplatz 1 in 79859 Schluchsee) with 240 pitches for campers on a total area of 4 ha. Per person you pay 10,10 Euro, children 5,80 Euro as well as stand fee 3,50 Euro, payable with cash payment. Read more: Schluchsee campground in Schluchsee.

Directions, address and camper capacities at the Schluchsee campsite:

• Address: Gwann Zeltplatz 1 in 79859 Schluchsee, Germany.
• Location: Schluchsee, Baden-Württemberg
• 240 pitches for campers
• Total size in ha: 4
• Directions (Google Maps): Camping ground Schluchsee

You will find many more good recommendations on Campwerk: Campingplatz Baden-Württenberg.

Patrizia Immobilien: Share, facts and figures

Patrizia Immobilien in detail – The current share price and other facts and figures about the company.

• Buying shares – instructions (direct banks, online trading)
• Shares Dividend – Facts and Figures
• Construction: industry and investment
• Patrizia Immobilien – Company (external)
• Real Estate Shares – Overview

Share price: 12 months

Invest? WKN, ISIN and symbol:

• WKN: PAT1AG
• ISIN: DE000PAT1AG3
• Symbol: PAT

Here is the current share price with a review of the share price performance over the last 12 months.

Source: Ariva.de

Share price: 3 years

Patrizia Immobilien’s share price performance over the last 36 months.

Facts and figures on Patrizia Immobilien

• Headquarters: Augsburg
• Founder: Wolfgang Egger
• Foundation: 1984
• Number of employees: 804
• Umbrella organization: First Capital Partner GmbH

Status: 06/20

Subsidiary of Patrizia Immobilien

As part of First Capital Partner GmbH, Patrizia Immobilien also owns the following subsidiaries:

• Patrizia AGSubsidiaries
• Rockspring Property Investment Managers LLP
• BrickVest Ltd.
• PATRIZIA GrundInvest Kapitalverwaltungsgesellschaft mbH
• Patrizia Frankfurt Kapitalverwaltungsgesellschaft mbH
• …

DAX: Index of the “German economy

The DAX is the most important German share index in trading. It takes into account the performance of the 30 largest and therefore most liquid companies on the German stock market. The DAX thus represents around 80 percent of the market capitalization of listed stock corporations in Germany.

DAX index family

In addition to the DAX itself, the Prime Standard of the DAX index family includes the MDAX, XDAX, TecDAX and SDAX.

• DAX
• MDAX
• XDAX
• TecDAX
• SDAX

Tip. DAX, NASDAQ, Dow Jones, Euro Stoxx. The chart overview to the indices from top indices:

• DAX, NASDAQ, Dow Jones & Co.

DAX Price: Real Time

Here is the current share price with a review of the share price performance over the last 12 months.

Invest? WKN & ISIN:

• WKN: 846900
• ISIN: DE0008469008
• Symbol: DAX

Chart: 3 year review

The DAX in a 3-year review: