Five Applicants for Operation of Redefin State Stud Farm - Historic Redefin Stud's Future Unveiled: Five Bids Received, State Investment Planned
The Redfin State Stud, a historic stud farm renowned for its role in German horse breeding, particularly for Mecklenburg and Trakehner horses, has sparked significant interest following its official announcement for takeover in 2023. The stud, which attracts around 100,000 visitors annually, is set to remain under state ownership with an operator sought through an expression of interest procedure.
By the deadline of October 15, 2023, five offers were received for the operation of the stud. The offers are currently under review. The stud contributes to its financing with an annual turnover of approximately 1.2 million euros. The state of Mecklenburg-Vorpommern plans to invest and subsidize the stud with 3.7 million euros in the dual budget of 2026/2027. It's worth noting that all ten remaining state studs in Germany are facing financial challenges.
The expression of interest procedure is not aimed at selling the stud. The state will retain ownership and seek an operator to manage the stud's affairs. The stud's future operator will be responsible for maintaining its traditions and contributing to its financial sustainability.
The Redfin State Stud's future is set to be determined by the review of the received offers. Despite financial pressures faced by state studs across Germany, the state of Mecklenburg-Vorpommern is committed to supporting the Redfin State Stud's operations and ensuring its continued role in German horse breeding.
Read also:
- American teenagers taking up farming roles previously filled by immigrants, a concept revisited from 1965's labor market shift.
- Weekly affairs in the German Federal Parliament (Bundestag)
- Landslide claims seven lives, injures six individuals while they work to restore a water channel in the northern region of Pakistan
- Escalating conflict in Sudan has prompted the United Nations to announce a critical gender crisis, highlighting the disproportionate impact of the ongoing violence on women and girls.
