!!!Bleiberger Bergwerks-Union, BBU

Bleiberger Bergwerks-Union, BBU, founded in 1867 by a merger of six 
large and 80 small mines in the Bleiberg mountain (Carinthia) under 
the leadership of P. Muehlbacher. After the acquisition of further 
mines in Middle and Lower Carinthia and of the lead ore mines and the 
white lead factory belonging to V. v. Rainer (1893), a severe 
competitor, and the takeover of the two white lead factories of 
Freiherr von Herbert, the company expanded rapidly. During World 
War II, the Preussag company became the majority shareholder; in 
1946, under the First Nationalisation Act (1. Verstaatlichungsgesetz) 
the BBU became property of the Republic of Austria  Nationalised 
Industry. In 1970, the BBU came under the control of the OeIAG 
(Oesterreichische Industrie-Holding AG). Production was discontinued 
in 1993 because of unprofitability; due to environmental damage, the 
buildings and the lead-infested ground had to be removed.


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