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Grazer Waggonfabrik
Simmering-Graz-Pauker AG (SGP), founded as Simmering-Graz-Pauker AG für Maschinen-, Kessel- und Waggonbau, was an important Austrian machine and engine factory, manufacturing: machinery, boilers and rail vehicles. It was established in 1941 through the merger of Simmering machinery and rolling stock company with the Graz machine and rolling stock company and the Paukerwerkstraße Corporation from Vienna. History After World War II the company was majority owned by the state and had a wide network of international offices and subsidiaries in Asia, South America and Europe with several thousand employees. The company experienced rapid growth until the mid-1980s. SGP ceased to exist as an independent company in 1989 as part of the restructuring of the state-owned Österreichische Industrieholding (ÖIAG), when the former was renamed as ''SGP Verkehrstechnik GmbH''. In 1992, the Republic of Austria sold 26% of its shares in SGP to Siemens, and in 1993 another 48% of SGP's shares w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
