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Tata Steel Europe
Tata Steel Europe Ltd. (formerly Corus Group plc) was a steelmaking company headquartered in London, England, with its main operations in the United Kingdom and the Netherlands. The company was created in 2007, when Tata Group took over the British-Dutch Corus Group. In 2021, the company was split into a British and a Dutch branch: Tata Steel Netherlands (TSN) and Tata Steel UK, both of which fell directly under the Indian parent company Tata Steel. Corus Group was formed through the merger of the Koninklijke Hoogovens and British Steel plc in 1999 and was a constituent of the FTSE 100 Index. It was acquired by Tata Group, Tata of India in 2007, and renamed Tata Steel Europe in September 2010. At formation Corus operated steelmaking plants (blast furnaces) in Port Talbot and Llanwern, Wales; Scunthorpe and Teesside, England; and IJmuiden, Netherlands, with additional steelmaking facilities in Rotherham, England (electric arc furnace), as well as downstream steel production ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rotherham
Rotherham ( ) is a market town in South Yorkshire, England. It lies at the confluence of the River Rother, South Yorkshire, River Rother, from which the town gets its name, and the River Don, Yorkshire, River Don. It is the largest settlement of the Metropolitan Borough of Rotherham. Before the Industrial Revolution, traditional industries included farming, glass making and flour milling. In the late 18th and 19th centuries, Rotherham became known for its coal mining and, later, steel industries. The town's Historic counties of England, historic county is Yorkshire, and Rotherham was once part of the West Riding of Yorkshire. In 1974, this administrative county was abolished during a reorganisation of local government. Subsequently, Rotherham became part of the county of South Yorkshire, where it makes up one of four metropolitan boroughs. Rotherham had a population of 109,691 in the 2011 Census for England and Wales, 2011 census. The borough had a population of , the List of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Derivative Market
The derivatives market is the financial market for derivatives - financial instruments like futures contracts or options - which are derived from other forms of assets. The market can be divided into two, that for exchange-traded derivatives and that for over-the-counter derivatives. The legal nature of these products is very different, as well as the way they are traded, though many market participants are active in both. The derivatives market in Europe has a notional amount of €660 trillion. Participants in a derivative market Participants in a derivative market can be segregated into four sets based on their trading motives. * Hedgers * Speculators * Margin Traders * Arbitrageurs Types of trades in a derivative market * Directional Trades * Spreads * Arbitrage positions * Hedged Trades Futures markets Futures exchanges, such as Euronext.liffe and the Chicago Mercantile Exchange, trade in standardized derivative contracts. These are options contracts, swaps c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Troisdorf
Troisdorf () is a city in the Rhein-Sieg-Kreis (district), in North Rhine-Westphalia, Germany. Geography Troisdorf is located approximately 22 kilometers south of Cologne and 13 kilometers north east of Bonn. Division of the city Troisdorf consists of 12 districts (population as of April 2014): * Troisdorf-Mitte (16,414 inhabitants) * Altenrath (2,292 inhabitants) * Bergheim (5,750 inhabitants) * Eschmar (3,078 inhabitants) * Friedrich-Wilhelms-Hütte (7,161 inhabitants) * Kriegsdorf (3,129 inhabitants) * Müllekoven (1,793 inhabitants) * Oberlar (6,100 inhabitants) * Rotter See (3,918 inhabitants) * Sieglar (8,668 inhabitants) * Spich (12,765 inhabitants) * West (5,367 inhabitants) : Total: 76,435 inhabitants History Troisdorf became a free city in 1952. In 1969, the urban area expanded with the annexation of the township of Sieglar and the villages of Altenrath and Friedrich-Wilhelms-Hütte (total population in 1969: about 51,000). The first large settlements in this area go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aleris International, Inc
Aleris Corporation (also Aleris Inc. or Aleris International Inc.) was an American aluminum rolled products producer, based in Beachwood, Ohio. The company had approximately 5,000 employees globally as of mid 2015. On 15 April 2020, Aleris Corporation was acquired by Hindalco Industries subsidiary Novelis Inc. for $2.8 billion. With the deal closure, Hindalco is now one of the world's largest aluminium makers and Novelis' entered into the high-end aerospace segment. Corporate affairs Aleris was an aluminum rolled products producer, based in Beachwood, Ohio, a suburb of Cleveland. The privately held company had approximately 5,000 employees overall, as of mid 2015, around 200 of which are based in Northeast Ohio, including a manufacturing facility in Uhrichsville, Ohio. Aleris has private equity owners, including Apollo Global and Oaktree Capital Management. Steve Demetriou served as the first chairman and chief executive officer (CEO). Sean Stack became CEO and joined the b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sogerail
Sogerail (later Corus France SA, 1999; Tata Steel France Rail, 2006) is a French rail manufacturer near Hayange, in the Lorraine region of France. Since the 19th century, its products have been used by various railways across Europe as well as various overseas customers. Iron production at Hayange was established by the De Wendel family as the ''Usine Saint Jacques'' (Sait Jacques factory) circa 1892 and rail manufacturing has taken place since 1897. During both World Wars, the plant was under German administration. As many as 2,460 employees have staffed the site at a time. During the late 20th century, the Hayange works became a part of the French steel maker Usinor-Sacilor's long products division. By the late 1990s, the works' products were being sold across Western Europe as well as both North and South America. During 1999, the business was acquired by Corus Group plc, thus becoming British owned for the first time. During 2006, Corus, and thus the Hayange works, bec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Steel Act 1988
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture * British English, the English language as spoken and written in United Kingdom of Great Britain and Northern Ireland and, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *People or things associated with: ** Great Britain, an island ** British Isles, an island group ** United Kingdom, a sovereign state ** British Empire, a historical global colonial empire ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) * British Raj, colonial India under the British Empire * British Hong Kong, colonial H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harold Wilson
James Harold Wilson, Baron Wilson of Rievaulx (11 March 1916 – 23 May 1995) was a British statesman and Labour Party (UK), Labour Party politician who twice served as Prime Minister of the United Kingdom, from 1964 to 1970 and again from 1974 to 1976. He was Leader of the Labour Party (UK), Leader of the Labour Party from 1963 to 1976, Leader of the Opposition (United Kingdom), Leader of the Opposition twice from 1963 to 1964 and again from 1970 to 1974, and a Member of Parliament (United Kingdom), Member of Parliament (MP) from 1945 United Kingdom general election, 1945 to 1983 United Kingdom general election, 1983. Wilson is the only Labour leader to have formed administrations following four general elections. Born in Huddersfield, Yorkshire, to a politically active lower middle-class family, Wilson studied a combined degree of philosophy, politics and economics at Jesus College, Oxford. He was later an Economic History lecturer at New College, Oxford, and a research fello ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labour Party (UK)
The Labour Party, often referred to as Labour, is a List of political parties in the United Kingdom, political party in the United Kingdom that sits on the Centre-left politics, centre-left of the political spectrum. The party has been described as an alliance of social democrats, democratic socialists and trade unionists. It is one of the Two-party system, two dominant political parties in the United Kingdom; the other being the Conservative Party (UK), Conservative Party. Labour has been led by Keir Starmer since 2020 Labour Party leadership election (UK), 2020, who became Prime Minister of the United Kingdom following the 2024 United Kingdom general election, 2024 general election. To date, there have been 12 Labour governments and seven different Labour Prime Ministers – Ramsay MacDonald, MacDonald, Clement Attlee, Attlee, Harold Wilson, Wilson, James Callaghan, Callaghan, Tony Blair, Blair, Gordon Brown, Brown and Starmer. The Labour Party was founded in 1900, having e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greybull Capital
Greybull Capital LLP is a private investment company that specialises in medium- to long-term investments in UK-based companies. It was incorporated as a limited liability partnership in April 2010. After the 2008 financial crisis, Greybull's declared strategy was to buy distressed firms and return them to success. By 2019, Greybull had bought several struggling firms for low prices, but many of them had subsequently failed. Examples include the airline Monarch, sports bar and snooker hall chain Riley's, the M Local convenience store chain, and electrical goods retailer Comet. Greybull bought British Steel, Britain's second-largest steelworks, for £1 in 2016, invested £20 million in the company, and charged it £6M in fees and accrued £14M of owed interest in the years after. British Steel became insolvent in May 2019, after failing to secure government funding. Greybull was criticised in 2019 by Lord Myners for its track record of making money from failed investments. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
