Education
Born in Galaţi city to Jewish Romanian parents, he graduated from the Academy for Advanced Studies in Vienna.
director Industrialist president
Born in Galaţi city to Jewish Romanian parents, he graduated from the Academy for Advanced Studies in Vienna.
Together with Aristide Blank and Malaxa, he was one of the major businessmen present in King Carol II"s camarilla. He was managing director of the Iron Domains and Factory (UDR) of Reşiţa, the largest stock company that existed in Romania before the establishment of the communist regime. He was president of the General Association of Industry of Banat, Vice General of the Union of Industrialists of Romania and Senator at the Chamber of Commerce and Industry of Galați.
Auschnitt managed UDR successfully, leading it to become the Romanian firm with the largest capital (1 billion lei), the highest turnover and the most employees (16,669 in 1938, and 22,892 in 1948).
He was among the managers of various foreign companies in Vienna or Munich, as well as of Romanian-based companies such as the Romanian Telephone Society and the Chrissoveloni Bank. He left Romania during the World World War II, eventually retreating into the United States, where he died.
All Ausnit property was confiscated by the wartime antisemitic and fascist regimes, and later nationalized by the communist regime.
