Guy Nègre
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Guy Nègre
Motor Development International SA (MDI) is a Luxembourg-French based company designing products in both mobility and energy storage using a compressed air engine. Development history Established by Guy Nègre, the Luxembourg company MDI, with its administrative and production departments based in Carros in southeastern France, has developed an environmentally friendly car engine that uses compressed air to push the pistons of the engine and move the car. Company history 2009-2011: According to MDI, were some fabrication and distribution licenses signed with companies in various countries including France, Germany, Spain, Portugal, Italy, New Zealand, Israel and South Africa. Zero Pollution Motors would like to make MDI vehicles in the United States. MDI Andina S.A wanted to sell the car in Colombia, Peru, Ecuador and Panama. The last one was CATECAR S.A in Switzerland which was about to start the first assembly line in the Bernese Jura, but the project is on hold (as so many o ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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