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Royal Copenhagen
Royal Copenhagen, officially the Royal Porcelain Factory (), is a Danish manufacturer of porcelain products and was founded in Copenhagen in 1775 under the protection of Danish Juliana Maria of Brunswick-Wolfenbüttel, Dowager Queen Juliane Marie. It is recognized by its factory mark, the three wavy lines above each other, symbolizing Denmark's three water ways: Great Belt, Storebælt, Little Belt, Lillebælt and Øresund. History Early years Starting in the 17th century, Europeans, long fascinated by the blue and white porcelain exported from China during the Ming Dynasty, Ming and Qing Dynasty, Qing dynasties, began to imitate the precious ware. The Royal Copenhagen manufactory's operations began in a converted post office in 1775. It was founded by chemist Frantz Heinrich Müller who was given a 50-year monopoly to create porcelain. Though royal patronage was not at first official, the first pieces manufactured were dining services for the royal family. Johan Theodor Holmskjold ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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