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Agence Des Participations De L'État
''Agence des participations de l'État'' (APE, literally "State Participations Agency"), created in 2004 under the government of Jean-Pierre Raffarin, is the French agency responsible for managing the State's shareholdings in companies of strategic importance. As of 2021, APE has €685.3 billion worth of assets under management, which includes investments in companies involved in energy, industry, defence, transport, communication and finance, among others. History The State participation agency is a Service à compétence nationale (service with national competence) created in September 2004. The creation of the Agency responded to the need to clarify the role of a shareholder of the State and the promotion of its patrimonial interests alongside the regulatory functions, tax collection, sectoral supervision, buyer that the State exercises. This first step provided the State with a structure embodying and exclusively exercising its role as a shareholder. The second step was to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agency
A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an administration. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or ministry, and other types of public body established by government. The functions of an agency are normally executive in character since different types of organizations (''such as commissions'') are most often constituted in an advisory role—this distinction is often blurred in practice however, it is not allowed. A government agency may be established by either a national government or a state government within a federal system. Agencies can be established by legislation or by executive powers. The autonomy, independence, and accountability of government agencies also vary widely. History Early exa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thales Group
Thales Group () is a French multinational company that designs, develops and manufactures electrical systems as well as devices and equipment for the aerospace, defence, transportation and security sectors. The company is headquartered in Paris' business district, La Défense, and its stock is listed on the Euronext Paris. Having been known as Thomson-CSF since its foundation in 1968, the company was rebranded ''Thales'' (named after the Greek philosopher Thales and pronounced , reflecting its pronunciation in French) in December 2000. A communication audit, launched in spring that year, highlighted Thomson-CSF's image deficit, particularly among the young French graduates it was seeking to recruit. The wish to liven up its image as well as the expansion of its business worldwide were cited among the reasons for the change. Thales is partially owned by the French State and operates in more than 56 countries. It had 80,000 employees and generated €18.4 billion in revenues in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zodiac Aerospace
Zodiac Aerospace was a French aerospace group founded in 1896 that supplied systems and equipment for aircraft. It had around 100 sites across the globe and employed nearly 35,000 people. In October 2018, it was acquired by French aerospace and defense company Safran. History Aeronautic foundations (1896 - 1933) The company was founded in 1896 as "Mallet, Mélandri et de Pitray" by Maurice Mallet and his associates. In the beginning, the company was involved in the production of hydrogen balloons for sport and tourism. In 1909, the company changed its name to become "Zodiac". It then experienced a boom in the construction of airplanes and airships, especially for the Aérostation Maritime (Naval Balloon Command) and through its participation in the war effort. Until the 1930s, 63 airships would leave Zodiac's workshops. Marine activities (1934 - 1972) In 1934, the company created the first prototype inflatable boats, ancestors of the renowned "Zodiac", which would contrib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Safran (company)
Safran S.A. is a French multinational company that designs, develops and manufactures aircraft engines, rocket engines as well as various aerospace and defense-related equipment or their components. It was formed by a merger between SNECMA and the defense electronics specialist SAGEM in 2005. Safran's acquisition of Zodiac Aerospace in 2018 significantly expanded its aeronautical activities. Employing over 95,000 people and generating 24.64 billion euros in sales in 2019, the company is listed on the Euronext stock exchange and is part of the CAC 40 and Euro Stoxx 50. Its headquarters are located in Paris. Name The name Safran was chosen from 4,250 suggestions, including 1,750 proposed by employees. As a holding company for many subsidiaries, the name was deemed suitable for the suggestion of direction, movement, and strategy. Safran translates as rudder blade and as saffron, which the company highlights as one of the catalysts for early international trade. History Origi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KNDS
The KMW+Nexter Defense Systems (KNDS) is a European defence industry holding company, which is the result of a merger between Krauss-Maffei Wegmann and Nexter Systems. The joint holding company is based in Amsterdam, Netherlands. History KNDS is the joint holding company formed by German family-controlled defence company Krauss-Maffei Wegmann (KMW) and the French government-owned weapons manufacturer Nexter, two of the leading European manufacturers of military land systems. Negotiations between the companies and the German and French governments started in Summer 2014 and support for a merger has been building in both Germany and France. Presenting the project to French lawmakers in January 2015, CEOs of both companies assumed that the new holding would boost production for both manufacturers by avoiding export restrictions, especially in Germany. In July 2015 the National Assembly voted in favour of a measure that permits the privatisation of state-owned defence companies, pav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orano
Orano SA is a multinational nuclear fuel cycle company headquartered in Châtillon, Hauts-de-Seine, France. The company is engaged in uranium mining, conversion-enrichment, spent fuel recycling, nuclear logistics, dismantling, and nuclear cycle engineering activities. It was created in 2017 as a result of restructuring and recapitalizing of the nuclear conglomerate Areva. Orano is majority owned by the French state. , Orano is the second largest uranium producer in the world with 9% share in global uranium production. Etymology The name Orano is derived from Ouranos, the Greek god, and it refers to uranium. The company's circular yellow logo refers to yellowcake uranium concentrate and to the nuclear fuel cycle. History Orano dates back to 1976 when based on the production division of the French Alternative Energies and Atomic Energy Commission (CEA), the ''Compagnie générale des matières nucléaires'' (COGEMA, now Orano Cycle) was created. In 2001, COGEMA was merged wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marseille Provence Airport
Marseille Provence Airport () is an international airport located 27 km (17 miles) northwest of Marseille, on the territory of Marignane, both ''communes'' of the Bouches-du-Rhône ''département'' in the Provence-Alpes-Côte d'Azur '' région'' of France. The airport's hinterland goes from Gap to Arles and from Toulon to Avignon. History Formerly known as ''Marseille–Marignane Airport'', it has been managed since 1934 by the Marseille-Provence Chamber of Commerce and Industry (CCI). In the 1920s and 1930s, Marignane was one of France's main points of operation for flying boats. It even briefly served as a terminal for Pan American World Airways ''Clipper'' flying boats. Other flying boat operators were Aéropostale and Air Union, the latter moving over from Antibes in 1931. Marignane was also a production site for hydroplanes by Lioré et Olivier. Antoine de Saint-Exupery describes turning back to Marignane airport with a fuel leak in chapter 8 of '' Wind, San ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PSA Peugeot Citroën
The PSA Group (), legally known as Peugeot S.A. (Peugeot Société Anonyme, trading as Groupe PSA; formerly known as PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhall brands. On 18 December 2019, PSA and Fiat Chrysler Automobiles (FCA) announced that they had agreed to the terms of a binding $50 billion merger. On 16 July 2020, both companies announced the new name for their merged operations, Stellantis. The deal closed on 16 January 2021. Stellantis is now the third largest automotive manufacturing company, behind only Volkswagen and Toyota. Peugeot was the largest PSA brand. PSA was listed on the Euronext Paris stock exchange and was a constituent of the CAC 40 index. Beginning in 2016, PSA began to outline a strategy which entailed the rapid expansion of the company, through both geographic expansion and acquisitions of other car ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bpifrance
''Banque publique d'investissement'' (literally ''renchPublic Investment Bank'', also known as Bpifrance, BPI Groupe S.A.) is a French public investment bank. It is a joint venture of two public entities: the Caisse des dépôts et consignations and EPIC BPI-Groupe, formerly EPIC OSEO. The former subsidiary of EPIC OSEO, OSEO S.A., became a subsidiary of Bpifrance known as Bpifrance Financement. The bank was directly supervised by the European Central Bank due to its size. Subsidiaries and minority interests *Bpifrance Financement S.A. (90%) (ex-OSEO S.A.) ** Bpifrance Régions (99%) * Bpifrance Participations (100%) (ex-Fonds stratégique d'investissement) ** Bpifrance Investissement (100%) (ex-CDC Entreprises) **Orange S.A. (shared with APE as the largest shareholders (23.04%); the rest publicly floats) **FT1CI (79.2%, the rest owned by another French agency CEA) ***STMicroelectronics Holding (50%; joint venture with Italian government) ****STMicroelectronics (27.6% as the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crédit Lyonnais
The Crédit Lyonnais (, "Lyon Credit ompany) was a major French bank, created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of the 20th century, it was the world's largest bank by total assets. Its former French retail network survives as LCL S.A., a fully owned subsidiary of Crédit Agricole, under the brand LCL adopted in 2005 with reference to "Le Crédit Lyonnais". History 19th Century The creation of Crédit Lyonnais was favored by French legislation of that liberalized the creation of joint-stock companies without prior government authorization. The bank was chartered on by Henri Germain, who was the largest shareholder with 5.4 percent of equity capital and became its first chairman. Prominent promoters of Saint-Simonianism initially participated in the venture, namely François Barthélemy Arlès-Dufour who was instrumental in convincing Germain to initiate t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dexia
Dexia N.V./S.A., or the Dexia Group, is a Franco-Belgian financial institution formed in 1996. At its peak in 2010, it had about 35,200 members of staff and a core shareholders' equity of €19.2 billion. In 2008, the bank entered severe financial difficulties and received taxpayer bailouts for €6 billion, and it became the first big casualty of the 2011 European sovereign debt crisis. Due to big losses, suffered among others from the debt haircut on Greek government bonds, and an orderly resolution process began in October 2011. As part of the resolution, Dexia Bank Belgium was bought out from the Dexia group by the Belgian state and has continued to operate, since March 2012 under the new name Belfius. The French bank focused on local government lending was restructured as . The remaining part of the Dexia group was left in a "bad bank", still called Dexia, to be gradually wound down. Profile In the 2010 Fortune Global 500 (which lists companies by total inc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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