Vítkovice Mining and Iron Corporation

Under the Rothschild's leadership, two coke blast furnaces were added to the operations, and ore and coal mines were acquired.

[2][3] The economic crisis of 1873 sparked many layoffs and led the Rothschilds to invite the Gutmann brothers (Wilhelm and David) in the company's ownership.

Under the direction of Paul Kupelwieser, the company built the Nové Vítkovice project, a factory town in Ostrava, and engaged in many progressive social reforms.

[4][5] During the Anschluss, Louis Nathaniel de Rothschild was arrested by the Gestapo during an attempted escape and was kept as a hostage for two years, until the London-based holding agreed to sell its Vitkovice shares to the German government for the discounted price of 2.9 million pounds.

In May 1939 Baron Rothschild was released and the Vitkovice Works eventually became part of the Reichswerke Hermann Göring.