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The family Petschek was one of the most important industrial magnate and banker families
The origin of the Jewish family lies in the city Pecky, whose name it carries. Moses Petschek (1822-1888) became in resident, where its sons were born.
The brothers Isidor Petschek (1854-1919), Julius Petschek (1856-1932) and Ignaz Petschek (1857-1934) became successful entrepreneurs in the lignite mining and expanded after 1918 to Germany.
With the 1920 establishment of the banking house Petschek & CO took place. the Prager line of the family of Julius Petschek developed. The Kohlenimperium of Ignaz Petschek made Aussig its seat carrier.
After the invasion of the national socialists into Czechoslovakia the Prager line fled 1938 to Great Britain and forestalled an expropriation by the sales of its possession. The head office of this line in the center of Prague served head office starting from 1939 the Gestapo as Prager.
The entire Aussiger Petschek group was konfisziert because of an alleged tax liability at a value of 300 millions realm Marks by the third realm. The einzogene fortune transferred into Germany Friedrich repair and the possession of the Dresdens bank for execution of the "Arisierung". After conclusion the Petschek possession became as "Subag" part of the realm works Hermann
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