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Adler Real Estate
ADLER Real Estate AG (formerly Adlerwerke, formerly H. Kleyer AG) is a listed real estate company in Germany, formerly based in Luxembourg. The main activities are the purchase and management of residential real estate all over Germany. The company owned about 52.000 residential units in 2020. In 2021, investors called for a significant reduction in leverage. The former Wirecard-hunter, the British short seller Fraser Perring, allegations against the company, which include an allegedly inflated balance sheet. The company denied the allegations. ADLER Real Estate sold a fifth of its housing stock in 2021. 15,350 apartments and 186 commercial units worth EUR 1.485 billion were sold to competitor LEG Immobilien. Adler Group presented its balance sheet in 2022 at the last minute before the deadline. Operating profit increased in 2021, but Adler Group has a loss of almost 1.2 billion euros due to depreciation. Property and tenants Adler Real Estate specializes in the purchase and ...
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Berlin
Berlin ( , ) is the capital and largest city of Germany by both area and population. Its 3.7 million inhabitants make it the European Union's most populous city, according to population within city limits. One of Germany's sixteen constituent states, Berlin is surrounded by the State of Brandenburg and contiguous with Potsdam, Brandenburg's capital. Berlin's urban area, which has a population of around 4.5 million, is the second most populous urban area in Germany after the Ruhr. The Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's third-largest metropolitan region after the Rhine-Ruhr and Rhine-Main regions. Berlin straddles the banks of the Spree, which flows into the Havel (a tributary of the Elbe) in the western borough of Spandau. Among the city's main topographical features are the many lakes in the western and southeastern boroughs formed by the Spree, Havel and Dahme, the largest of which is Lake Müggelsee. Due to its l ...
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Employment Agency
An employment agency is an organization which matches employers to employees. In developed countries, there are multiple private businesses which act as employment agencies and a publicly-funded employment agency. Public employment agencies One of the oldest references to a public employment agency was in 1650, when Henry Robinson proposed an "Office of Addresses and Encounters" that would link employers to workers. The British Parliament rejected the proposal, but he himself opened such a business, which was short-lived. The idea to create public employment agencies as a way to fight unemployment was eventually adopted in developed countries by the beginning of the twentieth century. In the United Kingdom, the first labour exchange was established by social reformer and employment campaigner Alsager Hay Hill in London in 1871. This was later augmented by officially sanctioned exchanges created by the Labour Bureau (London) Act 1902, which subsequently went nationwide, a move ...
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Companies Listed On The Frankfurt Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating 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 duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Rundfunk Berlin-Brandenburg
Rundfunk Berlin-Brandenburg (; "Berlin-Brandenburg Broadcasting"; abbreviated: RBB , stylized as rbb) is an institution under public law (national broadcaster) for the German states of Berlin and Brandenburg, based in Berlin and Potsdam. RBB was established on 1 May 2003 through the merger of Sender Freies Berlin (SFB) and Ostdeutscher Rundfunk Brandenburg (ORB), based in Potsdam, and is a member of the Association of PSBs in the Federal Republic of Germany ( ARD). Aside from its two main studios in Berlin and Potsdam, RBB also has regional studios in Cottbus and Frankfurt (Oder), and regional offices in Perleberg and Prenzlau. RBB also operates ARD's studio in Warsaw; the responsibility changes every five years between RBB and WDR (Westdeutscher Rundfunk). RBB also plays out ARD's digital channels from a center in Potsdam. RBB and WDR are jointly responsible for ARD's television studio in Berlin. History RBB was founded on 25 June 2002 on the basis of a treaty between ...
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Norddeutscher Rundfunk
Norddeutscher Rundfunk (NDR; ''Northern German Broadcasting'') is a public broadcasting, public radio and television broadcaster, based in Hamburg. In addition to the city-state of Hamburg, NDR broadcasts for the German states of Lower Saxony, Mecklenburg-Vorpommern and Schleswig-Holstein. NDR is a member of the ARD (broadcaster), ARD organisation. Studios NDR's studios in Hamburg are in two locations, both within the borough of Eimsbüttel: the television studios are in the quarter of Lokstedt while the radio studios are in the quarter of Harvestehude (though they are called "Funkhaus am Rothenbaum"), a little closer to the city centre. There are also regional studios, having both radio and television production facilities, in the state capitals Hanover, Kiel and Schwerin. The facility in Hanover is now called the Landesfunkhaus Niedersachsen. In addition, NDR maintains facilities at ARD (broadcaster), ARD's national studios in Berlin. Organization and finances Chairmen of the ...
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KPMG
KPMG International Limited (or simply KPMG) is a multinational professional services network, and one of the Big Four accounting organizations. Headquartered in Amstelveen, Netherlands, although incorporated in London, England, KPMG is a network of firms in 145 countries, with over 265,000 employees and has three lines of services: financial audit, tax, and advisory. Its tax and advisory services are further divided into various service groups. Over the past decade various parts of the firm's global network of affiliates have been involved in regulatory actions as well as lawsuits. The name "KPMG" stands for "Klynveld Peat Marwick Goerdeler". The initialism was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987. History Early years and mergers In 1818, John Moxham opened a company in Bristol. James Grace and James Grace Jr. bought John Moxham & Co. and renamed it James Grace & Son in 1857. In 1861, Henry Grace joined James Jr. and t ...
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Viceroy Research
Viceroy Research LLC is an international investigative financial research group registered in Delaware, United States. It was founded by a British short-seller Fraser John Perring together with Australian partners Aiden Lau and Gabriel Bernarde in 2016. Perring and Viceroy have stirred considerable media interested because of their reports on firms like Wirecard which they accused of nonexisting accounts. Of late, Viceroy has been known to bet against companies like Tesla, or Grenke. In 2021, the South African Financial Sector Conduct Authority The Financial Sector Conduct Authority (FSCA) is a financial institutions market conduct regulator and a successor agency to the Financial Services Board (South Africa) in South Africa South Africa, officially the Republic of South Africa ... (FSCA) has fined Viceroy R50 million for damaging remarks that the short-selling firm made about South Africa's Capitec Bank. In October 2021, it issued a damning report against Adler R ...
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Holsten Brewery
Holsten Brewery (Holsten-Brauerei AG) is a brewing company founded in 1879 in what is now Hamburg's Altona-Nord quarter. The group now has seven breweries in Germany. Its nationally distributed premium brand is the pale lager ''Holsten Pilsener''. The company was acquired by the Carlsberg Group in 2004. History In 1902, Holsten Brauerei bought the Union Brewery, Point Pleasant, Wandsworth on the south bank of the River Thames in London. Trade suffered from anti-German sentiment during the First World War and it closed in 1920. Holsten Pils was first imported into the UK in 1952, creating the premium packaged lager market. In 1979 the first of many award-winning TV ad campaigns was launched featuring actor Donald Pleasence and in the mid-1980s Holsten became the UK's number one selling premium packaged lager. In 1991, Holsten acquired the Mecklenburgische Brauerei Lübz. Until 1999, Holsten UK operated as a joint venture between Holsten Brauerei and Scottish & New ...
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Unemployment Benefit
Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by authorized bodies to unemployed people. In the United States, benefits are funded by a compulsory governmental insurance system, not taxes on individual citizens. Depending on the jurisdiction and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time proportionally to the previous earned salary. Unemployment benefits are generally given only to those registering as becoming unemployed through no fault of their own, and often on conditions ensuring that they seek work. In British English unemployment benefits are also colloquially referred to as "the dole"; receiving benefits is informally called "being on the dole". "Dole" here is an archaic expression meaning "one's allotted portion", from the synonymous Old English word ''dāl''. History The first modern unemployment be ...
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Real Estate Company
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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LEG Immobilien
LEG Immobilien AG (Landesentwicklungsgesellschaft) is a German property company. As of 2016, it is a constituent of the MDAX trading index of German mid-cap companies. The company was established as a housing provider operating in the German Land of Nordrhein-Westfalen. It was later privatised and currently operates as an Aktiengesellschaft (; abbreviated AG, ) is a German word for a corporation limited by Share (finance), share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (wh ... (publicly traded company). The headquarters is located in Düsseldorf, the Land capital (Landeshauptstadt) of Nordrhein-Westfalen. As of 2016, the company has around 1000 employees and holds around 130,000 apartments and properties. A takeover bid by Deutsche Wohnen failed in 2015. References External links * (English) Financial TimesBloomberg Companies based in Düsseldorf Companies ...
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Balance Sheet
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a "snapshot of a company's financial condition". Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time of a business's calendar year. A standard company balance sheet has two sides: assets on the left, and financing on the right–which itself has two parts; liabilities and ownership equity. The main categories of assets are usually listed first, and typically in order of liquidity. Assets are followed by ...
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