Founded in 1844 as Gebrüder Sachsenberg, commencing shipbuilding in 1866. Nationalised by the Soviet Military Administration in 1945 as VEB Roßlauer Schiffswerft. Merged with VEB Elbewerft Boizenburg as VEB Elbewerten in 1970 but the yards were separated in 1990 after the reunification of Germany. Renamed RSW Roßlauer Schiffswerft in 1993 and subsequently concentrated on general steel construction.