 Volkseigenes Gut

The Volkseigenes Gut (German for "People-Owned Property" or "Publicly Owned Estate"; abbreviated VEG) was a state-owned farm in the Communist German Democratic Republic (GDR), corresponding to the Soviet "Sovkhoz" and the "Państwowe Gospodarstwo Rolne" in the People's Republic of Poland.In contrast to the "Landwirtschaftliche Produktionsgenossenschaft" (LPG) or collective farm, another form of state agricultural enterprise, the VEGs were often the successors to former private farms which resulted from the land reform in the Soviet sector of Germany mandated in the Potsdam Agreement of 1945.