VEB Dieselmotorenwerk producing machinery for the Krake torpedo boats according to a CIA report dated 16 August 1955

An item reported that the machinery of the so-called Krake torpedo boats to be built by the VEB Peenewerft, Wolgast, East Germany consisted of 2-1.400hp diesels and 1-1.600hp diesels. The plant VEB Schwermaschinen Karl Liebknecht (the former Buckau-Wolf), Magdeburg, East Germany was not able to produce the necessary engines and the order was handed over to the VEB Dieselmotorenwerk, Rostock, East Germany.

Source
The report was published on www.archive.org, document number CIA-RDP80-00810A007700240009-5