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Economy Of Berlin
The economy of Berlin is dominated by the service sector, with around 84% of all companies doing business in services. Important economic sectors in Berlin include life sciences, transportation, information and communication technologies, Media in Berlin, media and Music in Berlin, music, advertising and design, biotechnology, environmental services, construction, e-commerce, retail, hotel business, and medical engineering. Berlin became one of the largest and most advanced industrial centers in Europe after 1870. After 1900 the Berlin banking district became a major continental financial center and was home to a number of prominent banks. After the end of World War II in 1945 and the subsequent political divisions, the city's location inside of East Germany led to an exodus of many major firms to West Germany. Berlin's economy has been affected through the years by the city's changing geopolitical fortunes from 1961-1989. The city stagnated economically during the Cold War, when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berlin Potsdamer Platz
Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population within city limits, highest population within its city limits of any city in the European Union. The city is also one of the states of Germany, being the List of German states by area, third smallest state in the country by area. Berlin is surrounded by the state of Brandenburg, and Brandenburg's capital Potsdam is nearby. The urban area of Berlin has a population of over 4.6 million and is therefore the most populous urban area in Germany. The Berlin/Brandenburg Metropolitan Region, Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's second-largest metropolitan region after the Rhine-Ruhr region, as well as the List of EU metropolitan areas by GDP, fifth-biggest metropolitan region by GDP in the European Union. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Osram
OSRAM Licht AG is a German company that makes electric lights, headquartered in Munich and Premstätten (Austria). OSRAM positions itself as a high-tech photonics company that is increasingly focusing on sensor technology, visualization and treatment by light. The company serves customers in the consumer, automotive, healthcare and industrial technology sectors. The operating company of OSRAM is OSRAM GmbH. Osram was founded in 1919 by the merger of the lighting businesses of Auergesellschaft, Siemens & Halske and AEG (German company), Allgemeine Elektrizitäts-Gesellschaft (AEG). Osram was a wholly owned subsidiary of Siemens AG from 1978 to 2013. On 5 July 2013, Osram was spun off from Siemens, and the listing of its stock began on Frankfurt Stock Exchange on 8 July 2013. Osram's business with conventional light sources was spun off in 2016 under the name LEDVANCE, Ledvance and sold to a Chinese consortium. After a bidding war with Bain Capital, Osram was taken over by Austria ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reichsbank
The ''Reichsbank'' (; ) was the central bank of the German Empire from 1876 until the end of Nazi Germany in 1945. Background The monetary institutions in Germany had been unsuited for its economic development for several decades before unification. In the Kingdom of Prussia, the Bank of Prussia had been established in 1847 and, in the aftermath of the German revolutions of 1848–1849, revolution of 1848, five additional banks had been granted a note-issuance privilege (the , , , at Stettin, and ), but that was still insufficient to sustain adequate monetary conditions. By 1851, 9 banks in the whole of Germany (not including Austria) were chartered to issue banknotes, known as . In addition, most German states - with the only exceptions of Principality of Lippe, Lippe and the Hanseatic cities of Free City of Bremen, Bremen, Free City of Hamburg, Hamburg and Free City of Lübeck, Lübeck - issued government paper money without the intermediation of an issuing bank. Several pan- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zollverein
The (), or German Customs Union, was a coalition of States of the German Confederation, German states formed to manage tariffs and economic policies within their territories. Organized by the 1833 treaties, it formally started on 1 January 1834. However, its foundations had been in development from 1818 with the creation of a variety of custom unions among the German states. By 1866, the included most of the German states. The Zollverein was not part of the German Confederation (1815-1866). The foundation of the was the first instance in history in which independent states consummated a full economic union without the simultaneous creation of a political federation or Political union, union. Kingdom of Prussia, Prussia was the primary driver behind the creation of the customs union. Austrian Empire, Austria was excluded from the because of its highly Protectionism, protectionist trade policy, the unwillingness to split its customs territory into the separate Austrian, Hu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electrical Equipment
Electrical devices or electric devices are devices that functionally rely on electric energy ( AC or DC) to operate their core parts (electric motors, transformers, lighting, rechargeable batteries, control electronics). They can be contrasted with traditional mechanical devices which depend on different power sources like fuels or human physical strength. Electronic devices are a specialized kind of electrical devices in which electric power is predominantly used for data processing rather than the generation of mechanical forces. To better differentiate between both classes, electric devices that emphasize physical work are also called electromechanical. Mechatronics accentuates the intersection of both fields. Together, electronic and electric devices, their development, maintenance, and power supply comprise the subject of electrical engineering Electrical engineering is an engineering discipline concerned with the study, design, and application of equipment, dev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chemical Industry
The chemical industry comprises the companies and other organizations that develop and produce industrial, specialty and other chemicals. Central to the modern world economy, the chemical industry converts raw materials ( oil, natural gas, air, water, metals, and minerals) into commodity chemicals for industrial and consumer products. It includes industries for petrochemicals such as polymers for plastics and synthetic fibers; inorganic chemicals such as acids and alkalis; agricultural chemicals such as fertilizers, pesticides and herbicides; and other categories such as industrial gases, speciality chemicals and pharmaceuticals. Various professionals are involved in the chemical industry including chemical engineers, chemists and lab technicians. History Although chemicals were made and used throughout history, the birth of the heavy chemical industry (production of chemicals in large quantities for a variety of uses) coincided with the beginnings of the Industrial Revo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Locomotive
A locomotive is a rail transport, rail vehicle that provides the motive power for a train. Traditionally, locomotives pulled trains from the front. However, Push–pull train, push–pull operation has become common, and in the pursuit for longer and heavier freight trains, companies are increasingly using distributed power: single or multiple locomotives placed at the front and rear and at intermediate points throughout the train under the control of the leading locomotive. Etymology The word ''locomotive'' originates from the Latin language, Latin 'from a place', Ablative case, ablative of 'place', and the Medieval Latin 'causing motion', and is a shortened form of the term ''locomotive engine'', which was first used in 1814 to distinguish between self-propelled and stationary steam engines. Classifications Prior to locomotives, the motive force for railways had been generated by various lower-technology methods such as human power, horse power, Gravity railroad, g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rail Transport
Rail transport (also known as train transport) is a means of transport using wheeled vehicles running in railway track, tracks, which usually consist of two parallel steel railway track, rails. Rail transport is one of the two primary means of land transport, next to road transport. It is used for about 8% of passenger and rail freight transport, freight transport globally, thanks to its Energy efficiency in transport, energy efficiency and potentially high-speed rail, high speed.Rolling stock on rails generally encounters lower friction, frictional resistance than rubber-tyred road vehicles, allowing rail cars to be coupled into longer trains. Power is usually provided by Diesel locomotive, diesel or Electric locomotive, electric locomotives. While railway transport is capital intensity, capital-intensive and less flexible than road transport, it can carry heavy loads of passengers and cargo with greater energy efficiency and safety. Precursors of railways driven by human or an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Revolution
The Industrial Revolution, sometimes divided into the First Industrial Revolution and Second Industrial Revolution, was a transitional period of the global economy toward more widespread, efficient and stable manufacturing processes, succeeding the Second Agricultural Revolution. Beginning in Kingdom of Great Britain, Great Britain around 1760, the Industrial Revolution had spread to continental Europe and the United States by about 1840. This transition included going from craft production, hand production methods to machines; new Chemical industry, chemical manufacturing and Puddling (metallurgy), iron production processes; the increasing use of Hydropower, water power and Steam engine, steam power; the development of machine tools; and rise of the mechanisation, mechanised factory system. Output greatly increased, and the result was an unprecedented rise in population and population growth. The textile industry was the first to use modern production methods, and textiles b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prussia
Prussia (; ; Old Prussian: ''Prūsija'') was a Germans, German state centred on the North European Plain that originated from the 1525 secularization of the Prussia (region), Prussian part of the State of the Teutonic Order. For centuries, the House of Hohenzollern ruled Prussia, expanding its size with the Prussian Army. Prussia, with its capital at Königsberg and then, when it became the Kingdom of Prussia in 1701, History of Berlin, Berlin, decisively shaped the history of Germany. Prussia formed the German Empire when it united the German states in 1871. It was ''de facto'' dissolved by 1932 Prussian coup d'état, an emergency decree transferring powers of the Prussian government to German Chancellor Franz von Papen in 1932 and ''de jure'' by Abolition of Prussia, an Allied decree in 1947. The name ''Prussia'' derives from the Old Prussians who were conquered by the Teutonic Knightsan organized Catholic medieval Military order (religious society), military order of Pru ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
