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Volkswerft Stralsund
Volkswerft () is a shipyard in the Hanseatic city of Stralsund on the Strelasund. It is part of the German Hegemann-group. The Volkswerft was founded in 1948 as ''Ingenieurbau Ges.m.b.H.''. On April 25 the first trawler was delivered and on June 15, 1948 the '' VEB Volkswerft Stralsund'' was registered. From 1948 till 1953 the shipyard produced 196 ships, all of them to be used for reparation payments to the Soviet Union. In the following years, the Volkswerft produced trawlers for the Soviet and other fleets. In October 1957, the first ship built for a fleet not pertaining to the Eastern Bloc was delivered to Iceland. In 1973, Lloyd's of London saw the Volkswerft as number one in the production of trawlers worldwide. After 1990, the Volkswerft was privatized two times, first as ''Volkswerft Stralsund GmbH'' becoming part of the Vulkan-Gruppe (Bremen) in 1993. In 1998 it became part of the Maersk group, Maersk having paid 25 million DM to the Treuhand. The yard is completely m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shipyard
A shipyard, also called a dockyard or boatyard, is a place where ships are shipbuilding, built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Compared to shipyards, which are sometimes more involved with original construction, dockyards are sometimes more linked with maintenance and basing activities. The terms are routinely used interchangeably, in part because the Shipyard#History, 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, Republic of Ireland, 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 Economy of Europe, Europe than in Econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Mark
The Deutsche Mark (; "German mark"), abbreviated "DM" or "D-Mark" (), was the official currency of West Germany from 1948 until 1990 and later of unified Germany from 1990 until the adoption of the euro in 2002. In English, it was typically called the "Deutschmark" ( ). One Deutsche Mark was divided into 100 pfennigs. It was first issued under Allied occupation in 1948 to replace the Reichsmark and served as the Federal Republic of Germany's official currency from its founding the following year. On 31 December 1998, the Council of the European Union fixed the irrevocable exchange rate, effective 1 January 1999, for German mark to euros as DM 1.95583 = €1. In 1999, the Deutsche Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins on 1 January 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the other euro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 1945
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maersk
(), usually known simply as Maersk ( ), is a Danish Freight transport, shipping and logistics company founded in 1904 by Arnold Peter Møller and his father Peter Mærsk Møller. Maersk's business activities include Port operator, port operation, supply chain management, Distribution center, warehousing and Air cargo, air freight. The company is based in Copenhagen, Denmark, with subsidiaries and offices across 130 countries and over 100,000 employees worldwide in 2024. It is a publicly traded family business, as the company is controlled by the namesake Møller family through Holding company, holding companies. The company's 2024 annual revenue was US$55.5 billion. Maersk has faced several challenges, including the 2022 stock market decline, global economic downturn, a Petya and NotPetya, malware attack, and the Red Sea crisis. History was founded in Svendborg in April 1904 by captain Peter Mærsk Møller (1836–1927) and his son Arnold Peter Møller, Arnold Peter (A. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Mecklenburg-Western Pomerania
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volkseigene Betriebe
The Publicly Owned Enterprise (; abbreviated VEB) was the main legal form of industrial enterprise in East Germany. These state-owned enterprise were all Public-ownership, publicly owned and were formed after nationalisation#Germany, mass nationalisation between 1945 and the early 1960s, and the handing back in 1954 of some 33 enterprises previously taken by the Soviet Union as war reparations, reparations. The managing director of a VEB was called a plant or works manager (, or ). They were assisted by the first secretary of the factory party organisation () of the Socialist Unity Party of Germany, SED, and the chairman of the factory trade union (). Subordinate to them were roles such as "Chief Accountant" and "Technical Director". image:Bundesarchiv Bild 183-T0709-429, VEB Carl Zeiss Jena, Gebäudeansicht, Parkplatz.jpg, 200px, View of the Jenoptik, VEB Carl Zeiss Jena, 1978 VEBs were initially vertical integration, vertically integrated into units called Associations of Publi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shipbuilding Companies Of Germany
Shipbuilding is the construction of ships and other floating vessels. In modern times, it normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Until recently, with the development of complex non-maritime technologies, a ship has often represented the most advanced structure that the society building it could produce. Some key industrial advances were developed to support shipbuilding, for instance the sawing of timbers by mechanical saws propelled by windmills in Dutch shipyards during the first half of the 17th century. The design process saw the early adoption of the logarithm (invented in 1615) to generate the curves used to produce the shape of a hull, especially when scaling up these curves accurately in the mould loft. Shipbuilding and ship repairs, both commercial and military, are referred to as naval engineering. The construction o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MV Werften
MV Werften was a Hong Kong–Germany, German shipbuilding company that operated three facilities in eastern Germany to construct cruise ships for parent company Genting Hong Kong. In January 2022, MV Werften filed for bankruptcy, and an administrator was appointed by the court to oversee the bankruptcy proceedings. The companies three yards were sold off. History The company was originated in Genting Hong Kong's purchase in April 2016 of three shipyards from Nordic Yards, located in Lloyd Werft Wismar, Wismar, Volkswerft Stralsund, Stralsund, and Marinearsenal Warnowwerft, Rostock-Warnemünde. The yards were initially combined with Lloyd Werft, previously purchased by Genting, to form the Lloyd Werft Group, but in July 2016 the three eastern ex-Nordic yards were organized into MV Werften, headquartered in Wismar and led by Jarmo Laakso. In August 2016, MV Werften's first newbuild vessels, two river cruise ships of the Rhine class named ''Crystal Bach'' and ''Crystal Mahler' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Genting Hong Kong
Genting Hong Kong Limited ( zh, 雲頂香港有限公司) was a holding company that operated cruise and resort businesses. It was headquartered in (海洋中心), Tsim Sha Tsui, Hong Kong and listed on the Hong Kong Stock Exchange (). It was part of the Genting Group, whose chairman Lim Kok Thay was also the chairman and majority shareholder of Genting Hong Kong with 69% ownership of April 2020. It also owned the cruise lines Crystal Cruises, Dream Cruises and Star Cruises (collectively Genting Cruise Lines), Resorts World Manila, and the MV Werften and Lloyd Werft shipyards. On 19 January 2022, the company filed for bankruptcy in the Bermuda Islands. After reviewing its financial conditions, the company filed for liquidation on 18 January 2022. The motion for liquidation was approved by Bermuda's Supreme Court on 7 October 2022. History Genting Hong Kong was originally a subsidiary of Genting Group with a 17.8% stake owned by Genting Berhad. In 10 November 1993, Genti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Treuhand
The (, " Trust agency"), colloquially referred to as , was an agency established by the government of the German Democratic Republic to reprivatise/ privatise East German enterprises, Volkseigene Betriebe (VEBs), prior to German reunification. Created by the Volkskammer on 17 June 1990, it oversaw the restructure and sale of about 8,500 state-owned companies with over four million employees. At that time, it was the world's largest industrial enterprise, controlling everything from steel works to the Babelsberg Studios. Responsibilities The Treuhand was responsible for more than just the 8,500 state-owned enterprises. It also took over around 2.4 million hectares of agricultural land and forests, the property of the former Stasi, large parts of the property of the former National People's Army, large-scale public housing property, and the property of the state pharmacy network. On the day of reunification, 3 October 1990, it took over the property of the political parties and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bremen
Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (, ), is the capital of the States of Germany, German state of the Bremen (state), Free Hanseatic City of Bremen (), a two-city-state consisting of the cities of Bremen and Bremerhaven. With about 577,000 inhabitants, the Hanseatic League, Hanseatic city is the List of cities in Germany by population, 11th-largest city of Germany and the second-largest city in Northern Germany after Hamburg. Bremen is the largest city on the River Weser, the longest river flowing entirely in Germany, lying some upstream from its River mouth, mouth into the North Sea at Bremerhaven, and is completely surrounded by the state of Lower Saxony. Bremen is the centre of the Northwest Metropolitan Region, which also includes the cities of Oldenburg (city), Oldenburg and Bremerhaven, and has a population of around 2.8 million people. Bremen is contiguous with the Lower Saxon towns of Delmenhorst, Stuhr, Achim, Wey ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stralsund
Stralsund (; Swedish language, Swedish: ''Strålsund''), officially the Hanseatic League, Hanseatic City of Stralsund (German language, German: ''Hansestadt Stralsund''), is the fifth-largest city in the northeastern German federal state of Mecklenburg-Western Pomerania after Rostock, Schwerin, Neubrandenburg and Greifswald, and the second-largest city in the Pomeranian part of the state. It is located on the southern coast of the Strelasund, a Sound (geography), sound of the Baltic Sea separating the island of Rügen from the Pomeranian mainland.''Britannica Online Encyclopedia'', "Stralsund" (city), 2007, webpageEB-Stralsund The Strelasund Crossing with its two bridges and several ferry services connects Stralsund with Rügen, the largest island of Germany and Pomerania. The Western Pomeranian city is the seat of the Vorpommern-Rügen district and, together with Greifswald, Stralsund forms one of four high-level List of cities in Mecklenburg-Vorpommern, urban centres of the region ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
