DMG Mori Aktiengesellschaft
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DMG Mori Aktiengesellschaft
DMG MORI AKTIENGESELLSCHAFT (name written in capital letters; until September 2013: Gildemeister AG, until June 2015: DMG MORI SEIKI AKTIENGESELLSCHAFT) is one of Germany's largest manufacturers of cutting machine tools and a manufacturer of CNC-controlled Lathes and Milling machines. Products include machines, industrial services and software and energy solutions. The SDAX technology group has 21 production sites worldwide and 161 international sales and service sites. The company is based in Bielefeld. History On 1 October 1870, locksmith Friedrich Gildemeister founded the ‘Werkzeugmaschinenfabrik (Machine Tool Plant) Gildemeister & Comp’ back in the ‘pioneer days’ in Germany. In the following decades, the plant near the Cologne-Minden train station in Bielefeld was expanded to include several production facilities. For over 100 years – until 1976 - the company was based across the street from the main railroad station, where the hotel Bielefelder Hof and the m ...
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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 (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni''), and South Tyrol for companies incorporated there. It is also used in Luxembourg (as lb, Aktiëgesellschaft, label=none, ), although the equivalent French language term ''S.A. (corporation), société anonyme'' is more common. In the United Kingdom, the equivalent term is public limited company, "PLC" and in the United States while the terms Incorporation (business), "incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company" (though note for the British term only a minority of public limited companies have their shares listed on stock exchanges). Meaning of the word The German w ...
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Machine Tool
A machine tool is a machine for handling or machining metal or other rigid materials, usually by cutting, boring, grinding, shearing, or other forms of deformations. Machine tools employ some sort of tool that does the cutting or shaping. All machine tools have some means of constraining the work piece and provide a guided movement of the parts of the machine. Thus, the relative movement between the workpiece and the cutting tool (which is called the toolpath) is controlled or constrained by the machine to at least some extent, rather than being entirely "offhand" or " freehand". It is a power-driven metal cutting machine which assists in managing the needed relative motion between cutting tool and the job that changes the size and shape of the job material. The precise definition of the term ''machine tool'' varies among users, as discussed below. While all machine tools are "machines that help people to make things", not all factory machines are machine tools. Today machine ...
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Engineering Companies Of Germany
Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering. The term ''engineering'' is derived from the Latin ''ingenium'', meaning "cleverness" and ''ingeniare'', meaning "to contrive, devise". Definition The American Engineers' Council for Professional Development (ECPD, the predecessor of ABET) has defined "engineering" as: The creative application of scientific principles to design or develop structures, machines, apparatus, or manufacturing processes, or works utilizing them singly or in combination; or to construct or operate the same with full cognizance of their design; or to forecast their behavior under specific ...
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Companies Based In North Rhine-Westphalia
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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MDAX
The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by Deutsche Börse. Until 2021 included the 60 Prime Standard shares from sectors that rank immediately below (in value of market capitalization) the originally 30 companies included in the DAX index; in 2021, the number of constituents in the MDAX shrank to 50 from 60.Tom Sims and Hakan Ersen (September 4, 2021)Porsche, Puma to join Germany's DAX as index expands''Reuters''. The company size is based on terms of order book volume and market capitalization. The index is based on prices generated in the electronic trading system Xetra (trading system), Xetra. Companies The following 60 companies make up the index as of the quarterly review effective on 10 September 2020. : Source: :de:MDAX. See also * DAX * SDAX * TecDAX * ÖkoDAX References {{reflist External linksMDAX
German stock market indices Companies listed on the Frankfurt Stock Exchange, ...
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Friedrich Gildemeister
Friedrich may refer to: Names *Friedrich (surname), people with the surname ''Friedrich'' *Friedrich (given name), people with the given name ''Friedrich'' Other *Friedrich (board game), a board game about Frederick the Great and the Seven Years' War * ''Friedrich'' (novel), a novel about anti-semitism written by Hans Peter Richter *Friedrich Air Conditioning, a company manufacturing air conditioning and purifying products *, a German cargo ship in service 1941-45 See also *Friedrichs (other) *Frederick (other) *Nikolaus Friedreich Nikolaus Friedreich (1 July 1825 in Würzburg – 6 July 1882 in Heidelberg) was a German pathologist and neurologist, and a third generation physician in the Friedreich family. His father was psychiatrist Johann Baptist Friedreich (1796–1862) ... {{disambig ja:フリードリヒ ...
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SDAX
The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called ' small caps' rank directly below the MDAX (mid-cap) shares in terms of order book volume and market capitalization. They are thus the 91st–160th largest publicly traded companies in Germany. The index is based on prices generated in the electronic trading system Xetra. Companies 70 companies make up the index as of the quarterly review effective on 10 September 2020. See also *DAX * MDAX *TecDAX *ÖkoDAX ÖkoDAX is a German stock market index which includes ten companies in the renewable energy sector. It was introduced on 4 June 2007. The constituting companies and their weightings are reviewed quarterly (March, June, September and December). Th ... References External links SDAX
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Cutting Tool (machining)
In the context of machining, a cutting tool or cutter is typically a hardened metal tool that is used to cut, shape, and remove material from a workpiece by means of machining tools as well as abrasive tools by way of shear deformation. The majority of these tools are designed exclusively for metals. There are several different types of single edge cutting tools that are made from a variety of hardened metal alloys that are ground to a specific shape in order to perform a specific part of the turning process resulting in a finished machined part. Single edge cutting tools are used mainly in the turning operations performed by a lathe in which they vary in size as well as alloy composition depending on the size and the type of material being turned. These cutting tools are held stationary by what is known as a tool post which is what manipulates the tools to cut the material into the desired shape. Single edge cutting tools are also the means of cutting material performed by metal sh ...
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Bielefeld
Bielefeld () is a city in the Ostwestfalen-Lippe Region in the north-east of North Rhine-Westphalia, Germany. With a population of 341,755, it is also the most populous city in the administrative region (''Regierungsbezirk'') of Detmold and the 18th largest city in Germany. The historical centre of the city is situated north of the Teutoburg Forest line of hills, but modern Bielefeld also incorporates boroughs on the opposite side and on the hills. The city is situated on the ', a hiking trail which runs for 156 km along the length of the Teutoburg Forest. Bielefeld is home to a significant number of internationally operating companies, including Dr. Oetker, Gildemeister and Schüco. It has a university and several technical colleges ('' Fachhochschulen''). Bielefeld is also famous for the Bethel Institution, and for the Bielefeld conspiracy, which satirises conspiracy theories by claiming that Bielefeld does not exist. This concept has been used in the town's marketing ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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Machine Tool
A machine tool is a machine for handling or machining metal or other rigid materials, usually by cutting, boring, grinding, shearing, or other forms of deformations. Machine tools employ some sort of tool that does the cutting or shaping. All machine tools have some means of constraining the work piece and provide a guided movement of the parts of the machine. Thus, the relative movement between the workpiece and the cutting tool (which is called the toolpath) is controlled or constrained by the machine to at least some extent, rather than being entirely "offhand" or " freehand". It is a power-driven metal cutting machine which assists in managing the needed relative motion between cutting tool and the job that changes the size and shape of the job material. The precise definition of the term ''machine tool'' varies among users, as discussed below. While all machine tools are "machines that help people to make things", not all factory machines are machine tools. Today machine ...
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