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Nicolás Mihanovich
Nicolás Mihanovich (1846–1929) was a Croatian Argentine businessman closely linked to the development of the Argentine merchant marine. Life and times The Beginnings Nicolás Mihanovich was born Nikola Mihanović in the Kingdom of Dalmatia, Austrian Empire, in what is today Croatia, in 1846. Self-educated, he arrived in Buenos Aires in 1868 and formed a partnership with two of his countrymen: Gerónimo Zuanich and Octavio Cosulich. Operating five steam ships by 1879, the group initiated scheduled transports from Buenos Aires to the then-remote outposts of Bahía Blanca and Carmen de Patagones. The new route's success led to the purchase of the 1,500-ton ''Watergeus'', which received a materials transport contract from the rapidly expanding Buenos Aires Great Southern Railway, and to the 1887 establishment of the first ferry service between Buenos Aires and Colonia del Sacramento (Uruguay). Already the majority stakeholder in ''Nicolás Mihanovich y Compañía'', he bought ou ...
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Entre Ríos Railway
The Entre Ríos Railway (ERR) (in Spanish: Ferrocarril Entre Ríos) was a British-owned railway company that built and operated a railway network in Entre Ríos Province, between the rivers Uruguay and Paraná, in Argentina. History The company began operation in 1892 by purchasing a rail network operated by state-owned Central Entre Ríos from the provincial government. Four years later the company purchased the Gualeguay to Puerto Ruiz line, built by "Ferrocarril Primer Entrerriano" in 1866, from the national government, and on 12 October 1899 a branch line from Gobernador Solá to Macía was opened. A line from Villaguay to Concordia, on the River Uruguay, was built in 1902 reaching Jubileo on 25 January, General Campos on 3 March and Concordia on 30 June where it joined the Argentine North Eastern Railway. Later the following branch lines were opened: from Las Colas to Enrique Carbó on 10 October 1906, from Caseros to Villa Elisa on 28 December 1906, from Cre ...
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Rail Transport In Argentina
The Argentine railway network consisted of a network at the end of the Second World War and was, in its time, one of the most extensive and prosperous in the world. However, with the increase in highway construction, there followed a sharp decline in railway profitability, leading to the break-up in 1993 of Ferrocarriles Argentinos (FA), the state railroad corporation. During the period following privatisation, private and provincial railway companies were created and resurrected some of the major passenger routes that FA once operated. Dissatisfied with the private management of the railways, beginning in 2012 and following the Once Tragedy, the national government started to re-nationalise some of the private operators and ceased to renew their contracts. At the same time, Operadora Ferroviaria Sociedad del Estado (SOFSE) was formed to manage the lines which were gradually taken over by the government in this period and Argentina's railways began receiving far greater invest ...
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Riverboat
A riverboat is a watercraft designed for inland navigation on lakes, rivers, and artificial waterways. They are generally equipped and outfitted as work boats in one of the carrying trades, for freight or people transport, including luxury units constructed for entertainment enterprises, such as lake or harbour tour boats. As larger water craft, virtually all riverboats are especially designed and constructed, or alternatively, constructed with special-purpose features that optimize them as riverine or lake service craft, for instance, dredgers, survey boats, fisheries management craft, fireboats and law enforcement patrol craft. Design differences Riverboats are usually less sturdy than ships built for the open seas, with limited navigational and rescue equipment, as they do not have to withstand the high winds or large waves characteristic to large lakes, seas or oceans. They can thus be built from light composite materials. They are limited in size by width and depth of ...
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London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ...
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British Empire
The British Empire was composed of the dominions, colonies, protectorates, mandates, and other territories ruled or administered by the United Kingdom and its predecessor states. It began with the overseas possessions and trading posts established by England between the late 16th and early 18th centuries. At its height it was the largest empire in history and, for over a century, was the foremost global power. By 1913, the British Empire held sway over 412 million people, of the world population at the time, and by 1920, it covered , of the Earth's total land area. As a result, its constitutional, legal, linguistic, and cultural legacy is widespread. At the peak of its power, it was described as " the empire on which the sun never sets", as the Sun was always shining on at least one of its territories. During the Age of Discovery in the 15th and 16th centuries, Portugal and Spain pioneered European exploration of the globe, and in the process established ...
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Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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Outsourcing
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981. The concept, which '' The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises ( privatization), even if conducted on a limited, short-term basis, may also be described as outsourcing. Outsourcing includes both foreign and domestic contracting, and sometimes includes offsh ...
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Shipyard
A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance and basing activities than shipyards, which are sometimes associated more with initial construction. The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles. Countries with large shipbuilding industries include Australia, Brazil, China, Croatia, Denmark, Finland, France, Germany, India, Ireland, Italy, Japan, the Netherlands, Norway, the Philippines, Poland, Romania, Russia, Singapore, South Korea, Sweden, Taiwan, Turkey, the United Arab Emirates, Ukraine, the United Kingdom, the United States and Vietnam. The shipbuilding industry is more fragmented in Europe than in Asia where countries tend to have fewer, larger companies. Many naval vessel ...
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Paraná River
The Paraná River ( es, Río Paraná, links=no , pt, Rio Paraná, gn, Ysyry Parana) is a river in south-central South America, running through Brazil, Paraguay, and Argentina for some ."Parana River". Encyclopædia Britannica. Encyclopædia Britannica Online. Encyclopædia Britannica Inc., 2012. Web. 26 May. 2012 . "Rio de la Plata". Encyclopædia Britannica. Encyclopædia Britannica Online. Encyclopædia Britannica Inc., 2012. Web. 26 May. 2012 Among South American rivers, it is second in length only to the Amazon River. It merges with the Paraguay River and then farther downstream with the Uruguay River to form the Río de la Plata and empties into the Atlantic Ocean. The first European to go up the Paraná River was the Venetian explorer Sebastian Cabot, in 1526, while working for Spain. A drought hit the river in 2021, causing a 77-year low. Etymology In eastern South America there is "an immense number of river names containing the element ''para-'' or ''parana-''" ...
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