Magath, often criticised for his frantic activity in the transfer market, especially during a previous stint with Schalke 04, has added Serb midfielder Slobodan Medojevic from Vojvodina Novi Sad and Macedonia forward Ferhan Hasani from Shkendija Tetovo.
Both players are 21.
Magath, who led Wolfsburg to their first Bundesliga title in 2009, has had a far less successful second stint after joining late last season following his departure from Schalke and also taking up the role of sports director.
Wolfsburg are 12th at the halfway point in the Bundesliga, only four points clear of the relegation play-off spot.
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