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MAN SE
MAN SE (abbreviation of ''Maschinenfabrik Augsburg- Nürnberg'', ) was a manufacturing and engineering company based in Munich, Germany. Its primary output was commercial vehicles and diesel engines through its MAN Truck & Bus and MAN Latin America divisions, and participation in the manufacturer Sinotruk. MAN SE was majority-owned by Traton, the heavy commercial vehicle subsidiary of automaker Volkswagen AG, until August 2021 when Traton completed a squeeze-out of all remaining shareholders and formally merged MAN SE into Traton SE, meaning the former subsidiaries of MAN SE were now directly owned by Traton, and MAN SE ceased to exist. History Foundation MAN traces its origins back to 1758, when the "St. Antony" ironworks commenced operation in Oberhausen, as the first heavy-industry enterprise in the Ruhr region. In 1808, the three ironworks "St. Antony", "Gute Hoffnung" (English: "Good Hope"), and "Neue Essen" (English: "New Forges") merged, to form the Hütte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volkswagen Group
Volkswagen AG (), known internationally as the Volkswagen Group, is a German public multinational conglomerate manufacturer of passenger and commercial vehicles, motorcycles, engines and turbomachinery. Headquartered in Wolfsburg, Lower Saxony, Germany, and since the late 2000s is a publicly traded family business owned by Porsche SE, which in turn is half-owned but fully controlled by the Austrian-German Porsche and Piëch family. The company also offers related services, including financing, leasing, and fleet management. In 2024, it was the world's second-largest automaker by sales. It has maintained the largest market share in Europe for over two decades. It ranked 11th in the 2024 ''Fortune'' Global 500 list of the world's largest companies. In 2024, Volkswagen Group was the largest company in the European Union and the largest car manufacturer in the world by revenue. The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Jetta, Lamborghini, Pors ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wuppertal Suspension Railway
The Wuppertaler Schwebebahn () is a suspension railway in Wuppertal, Germany. The line was originally called in () named after its inventor, Eugen Langen. It is the oldest electric elevated railway with hanging cars in the world. Being grade-separated, it is considered rapid transit. Langen first offered the technology to the cities of Berlin, Munich, and Breslau which all turned it down. However, the towns of Barmen, Elberfeld, and Vohwinkel along the banks of the river Wupper were intrigued by the technology’s ability to connect their communities. The elevated tracks and stations were built between 1897 and 1903; the first track opened in 1901. The railway line is credited with growth of the original cities and their eventual merger into Wuppertal. The ' is still in use as a local public transport line, moving 25 million passengers annually, per the 2008 annual report. New rail cars were ordered in 2015, called Generation 15, and the first new car went into service in De ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
