Great Northern Telegraph Company
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Great Northern Telegraph Company
GN Store Nord A/S is a Danish manufacturer of hearing aids (GN ReSound/GN Hearing) and headsets ( Jabra (GN Audio)). GN Store Nord A/S is listed on NASDAQ OMX Copenhagen (ISIN code DK0010272632). History The Great Northern Telegraph Company The company was founded as The Great Northern Telegraph Company (Det Store Nordiske Telegrafselskab A/S) in Denmark in June 1869. It was set up as a merger of three recently established telegraph companies initiated by Danish industrial mogul Carl Frederik Tietgen. The aim of the firm was to create a worldwide telegraph company. The starting point of The Great Northern Telegraph Company (now GN Store Nord) was a concession agreement, which C.F. Tietgen made with the Russian Tzar in 1869. The agreement gave The Great Northern Telegraph Company exclusive rights – and obligations – to establish and run a telegraph line in Russia. This represented a great pioneer task for the company in establishing connections from Europe to the Far East ...
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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 ...
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