Jan Coene
Jan Hugo Isidoor Coene (born in 1957), is a Belgian businessman who fell in disgrace because of the Picanol Scandal. As a young trainee, he joined Brown, Boveri & Cie (BBC) Workshops in Brussels. In 1988, BBC merged with ASEA, to become ABB Asea Brown Boveri. In 2001 he left ABB and became the CEO & Chairman of Picanol, a world-wide leader in textile machinery and related services. In 2003, he became Chairman of Belgacom, the Belgian national telephone company which he led to an IPO, working closely with its owner, the Belgian Government. In 2004, the press revealed the level of his incomes from Picanol. These incomes were judged greatly excessive by the press, considering the usual Belgian remunerations for the functions of upper management. The lack of transparency was also pointed out, in particular by company's minority shareholders. Facing growing criticism, Jan Coene was forced to resign from both Picanol and Belgacom in October 2004. He accepted to reimburse ten million ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Brown, Boveri & Cie
Brown, Boveri & Cie. (Brown, Boveri & Company; BBC) was a Swiss group of electrical engineering companies. It was founded in Zürich, in 1891 by Charles Eugene Lancelot Brown and Walter Boveri who worked at the Maschinenfabrik Oerlikon. In 1970 BBC took over the Maschinenfabrik Oerlikon. In 1988 it merged with ASEA to form ABB. Early History of BBC Brown Boveri BBC Brown Boveri was established in 1891. The company was one of only a few multinational corporations to operate subsidiaries that were larger than the parent company. Because of the limitations of the Swiss domestic market, Brown Boveri established subsidiaries throughout Europe relatively early in its history, and at times had difficulty maintaining managerial control over some of its larger operating units. The merger with ASEA, a company which was praised for its strong management, was expected to help Brown Boveri reorganize and reassert control over its vast international network. Activity in Britain Brown Bo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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ASEA
''Allmänna Svenska Elektriska Aktiebolaget'' ( English translation: General Swedish Electrical Limited Company; Swedish abbreviation: ASEA) was a Swedish industrial company. History ASEA was founded in 1883 by Ludvig Fredholm in Västerås as a manufacturer of electrical light and generators. After merging with Wenström's & Granström's Electrical Power Company (''Wenströms & Granströms Elektriska Kraftbolag'') the name was changed to ''Allmänna Svenska Elektriska Aktiebolaget'', literally the "General Swedish Electrical Limited Company", or a ''ASEA'' for short. In 1987, it announced a merger with the Swiss company Brown, Boveri & Cie (BBC) to form ABB Group. ABB Group began operations in 1988. After this merger, ABB Group acquired several companies, including the power transmission and distribution operations of the Westinghouse Electric Corporation and the Combustion Engineering Group. *1889 - the partner Jonas Wenström creates 3-phased generators, motors and tran ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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ABB Asea Brown Boveri
ABB Ltd. is a Swedish-Swiss multinational corporation headquartered in Zürich, Switzerland. The company was formed in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget (ASEA) and Switzerland's Brown, Boveri & Cie merged to create ASEA Brown Boveri, later simplified to the initials ABB. Both companies were established in the late 1800s and were major electrical equipment manufacturers, a business that ABB remains active in today. The company has also since expanded to robotics and automation technology. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. Until the sale of its Power Grids division in 2020, ABB was Switzerland's largest industrial employer. ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm in Sweden, and the New York Stock Exchange in the United States. An ABB entity plead guilty for bid rigging in 2001, and the company has had 3 US Foreign Corrupt Practices Act bribi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Picanol
{{Unreferenced, date=July 2021 The Picanol Group is a diversified industrial group in the fields of mechanical engineering, agriculture, food, water management, and other industrial markets. The company is based in Ypres (Belgium), with production plants in Asia and Europe. Picanol Group has been listed on Euronext Brussels since 1966 (ticker: PIC). History The company was founded in 1936 by the Belgian industrialist Charles Steverlynck as ''Weefautomaten Picañol NV''. In 1966 the company was listed on the Brussels Stock Exchange. At the ITMA exhibition in Paris in 1971, Picañol exhibited the MDC, the world’s first electronically controlled flying shuttle machine. In 1989 the foundry division was split off from the other activities and made into a separate company, Proferro NV. In 1989 Picanol became part owner in what was then Protronic (now PsiControl). In 1993 Picanol achieved ISO 9001 certification. Verbrugge NV in Belgium and Steel Heddle Inc. in the USA were acquired in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Belgacom
The Proximus Group is a provider of digital services and communication in Belgium and the international markets. In Belgium, its main products and services are offered under the Proximus, Scarlet, and Mobile Vikings brands. The Group is also active in Luxembourg as Proximus Luxembourg SA, under the brand names Tango and Telindus Luxembourg, and in the Netherlands through Telindus Netherlands. The Group's international carrier activities are carried out by BICS and Telesign one of the world's leading voice carriers and the largest provider of mobile data services worldwide. Proximus Accelerators, its ecosystem of IT partners (Be-Mobile, ClearMedia, Codit, Davinsi Labs, Proximus Spearit, Telindus and Umbrio), support companies in their digital transformation. As of 31 December 2021, 53,51% of the Proximus Group is owned by the Belgian State. 4,52% are Proximus’ own shares, the remaining 41,97% are free-floating. History 1879 to World War I: the beginning of telephony in B ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lernout & Hauspie
Lernout & Hauspie Speech Products, or L&H, was a Belgium-based speech recognition technology company, founded by Jo Lernout and Pol Hauspie, that went bankrupt in 2001 because of a fraud engineered by the management. The company was based in Ypres, Flanders, in what was later called ''Flanders Language Valley'' (mimicking the Silicon Valley). History Lernout & Hauspie was founded in 1987 by Jo Lernout and Pol Hauspie. After a difficult start, it quickly grew, and, in 1995, it went public on NASDAQ (LHSP), and was also quoted on the now-defunct Brussels-based EASDAQ exchange. Its headquarters were in Ypres, Belgium, and in Burlington, Massachusetts, USA. At its peak, Lernout & Hauspie had a market capitalization of almost US$10 billion. Flanders played an important role in investing in the company and the surrounding ''Flanders Language Valley''. It acquired a number of its smaller competitors, including text-to-speech developer Berkeley Speech Technologies, in 1996. In 1998 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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DOMO Group
DOMO Investment Group is a Belgian holding group. The holding consist of 3 parts, DOVESCO, DOMO Chemicals & Alinso Group. The company's head office is located in Zwijnaarde near Ghent. In 2006 the company had a turnover of 993 million euro and employed 2007 people. Since 1994, DOMO operates caprolactam and polyamide granulate and fibre plants in Leuna, Germany. History The company was founded in 1992 from the carpet A carpet is a textile floor covering typically consisting of an upper layer of pile attached to a backing. The pile was traditionally made from wool, but since the 20th century synthetic fibers such as polypropylene, nylon, or polyester hav ... manufacturing companies Eurantex, DOMO and Fabelta. DOMO itself was founded in 1991 as one of companies which were created out of Beaulieu. References DOMO Investment Group(Dutch) Domo opgesplitst in drie bedrijven External links DOMODOMO Chemicals Textile companies of Belgium Carpet manufacturing companie ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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King Baudouin Foundation
The King Baudouin Foundation (KBF) ( nl, Koning Boudewijnstichting, KBS; french: Fondation Roi-Baudouin) is an independent, pluralistic foundation based in Brussels (Belgium). It seeks to change society for the better and invests in inspiring projects and individuals. The Foundation was set up in 1976, on the occasion of the 25th anniversary of King Baudouin's reign and has been under the honorary Presidency of Queen Mathilde since 2015. The Foundation supports projects in Belgium and at the European and international level. To support its international goal, the KBF set up a US public charity and an office in New York City. Since 1999, the KBFUS facilitates philanthropy in the US, Europe and Africa. In 2017, KBFCanada was launched. Organisational structure The King Baudouin Foundation Advisory Council and the Board of Governors determine the key areas of work. The board of governors is chaired by Thomas Leysen. The managing director is Luc Tayart de Borms, who is being suc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion US dollars in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss global issues across 500 sessions. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CMMS
A computerized maintenance management system (CMMS), also known as a computerized maintenance management information system (CMMIS), is any software package that maintains a computer database of information about an organization's maintenance operations. This information is intended to help maintenance workers do their jobs more effectively (for example, determining which machines require maintenance and which storerooms contain the spare parts they need) and to help management make informed decisions (for example, calculating the cost of machine breakdown repair versus preventive maintenance for each machine, possibly leading to better allocation of resources). CMMS data may also be used to verify regulatory compliance. To properly control the maintenance of a facility, information is required to analyze what is occurring. Manually, this requires a tremendous amount of effort and time. A CMMS also allows for record keeping, to track completed and assigned tasks in a timely and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Belgian Businesspeople
Belgian may refer to: * Something of, or related to, Belgium * Belgians, people from Belgium or of Belgian descent * Languages of Belgium, languages spoken in Belgium, such as Dutch, French, and German *Ancient Belgian language, an extinct language formerly spoken in Gallia Belgica *Belgian Dutch or Flemish, a variant of Dutch *Belgian French, a variant of French *Belgian horse (other), various breeds of horse *Belgian waffle, in culinary contexts * SS ''Belgian'', a cargo ship in service with F Leyland & Co Ltd from 1919 to 1934 *''The Belgian'', a 1917 American silent film See also * *Belgica (other) Gallia Belgica was a province of the Roman Empire in present-day Belgium, Luxembourg, and the Netherlands. Belgica may also refer to: Places * Belgica Glacier, Antarctica * Belgica Guyot, an undersea tablemount off Antarctica * Belgica Mountai ... * Belgic (other) {{Disambiguation ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |