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Grupo BAL
Grupo BAL is a cluster of Mexican companies in various sectors of the economy. Its president was Alberto Gonzalez Baillères,the second richest man in Mexico in 2013, according to ''Forbes''. Gonzalez's son Alejandro Baillères has been president since 2022. The conglomerate is involved in Mexican sectors such as trade, energy, metallurgy, finance, insurance, pensions, investments, agriculture, health care, and music. Member companies Grupo Nacional Provincial (GNP) is the largest insurance company in Mexico, with more than 20% of the market share in the country. It is the only insurance company with 100% domestically based capital. It is also perhaps the oldest domestically-based insurance company in Mexico, having existed since at least the early 20th century. Born from GNP, Profuturo is a retirement fund manager. Afore is the Mexican equivalent of a 401(k)) of Mexican workers. The company is the fourth largest sector and the only one that isn't backed by a financial grou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alejandro Baillères
{{mexico-business-bio-stub ...
Alejandro Baillères Gual (born May 1960) is a Mexican businessman, the CEO of Grupo Nacional Provincial, and the son of the billionaire Alberto Baillères. Alejandro Baillères was born in May 1960. He has a degree from Stanford University. He is a director of Peñoles and Grupo BAL, both owned by his father, and of Fresnillo plc. He is a director of various other companies. References 1960 births Living people Mexican chief executives Mexican people of French descent Stanford University alumni Alejandro Alejandro is the Spanish form of the name Alexander. Alejandro has multiple variations in different languages, including Aleksander (Czech, Polish), Alexandre ( French), Alexandros (Greek), Alsander (Irish), Alessandro (Italian), Aleksandr (Rus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Group Of Companies
A corporate group or group of companies is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept of a group is frequently used in tax law, accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations. In Germany, where a sophisticated law of the " concern" has been developed, the law of corporate grou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alberto Gonzalez Baillères
Alberto is the Romance version of the Latinized form (''Albertus'') of Germanic ''Albert''. It is used in Italian, Portuguese and Spanish. The diminutive forms are ''Albertito'' in Spain or ''Albertico'' in some parts of Latin America, Albertino in Italian as well as ''Tuco'' as a hypocorism. It derives from the name Adalberto which in turn derives from '' Athala'' (meaning noble) and ''Berth'' (meaning bright). People * Alberto Aguilar Leiva (born 1984), Spanish footballer * Alberto Airola (born 1970), Italian politician * Alberto Ascari (1918–1955), Italian racing driver * Alberto Baldonado (born 1993), Panamanian baseball player * Alberto Bello (1897–1963), Argentine actor * Alberto Beneduce (1877–1944), Italian scientist and economist * Alberto Bustani Adem (born 1954), Mexican engineer * Alberto Callaspo (born 1983,) baseball player * Alberto Campbell-Staines (born 1993), Australian athlete with an intellectual disability * Alberto Cavalcanti (1897–1982), Bra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Stev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Afore
Retirement Funds Administrators ( es, Administradoras de Fondos para el Retiro, abbreviated AFORE) are companies authorized to manage individual retirement accounts as authorized by the Ministry of Finance and Public Credit of Mexico and overseen by Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR). AFORES manage accounts that accumulate contributions by the employer, the federal government and the employee. Accounts Individual retirement accounts contain four separate sub-accounts which are: *Retirement, lay-off and old age (RCV, "Retiro, Cesantía y Vejez" in Spanish). This sub-account contains funds contributed by the employer, federal government and employee. **The employer contributes with an equivalent to 2% of the employee's salary to ''retirement'' and 3.15% of the salary to the ''lay-off and old age'' account. Contributions take place bimonthly. **The government contributes 0.225% of the salary to the ''lay-off and old age'' account bimonthly and an equ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
401(k)
In the United States, a 401(k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. Periodical employee contributions come directly out of their paychecks, and may be matched by the employer. This legal option is what makes 401(k) plans attractive to employees, and many employers offer this option to their (full-time) workers. There are two types: traditional and Roth 401(k). For Roth accounts, contributions and withdrawals have no impact on income tax. For traditional accounts, contributions may be deducted from taxable income and withdrawals are added to taxable income. There are limits to contributions, rules governing withdrawals and possible penalties. The benefit of the Roth account is from tax-free capital gains. The net benefit of the traditional account is the sum of (1) a possible bonus (or penalty) from withdrawals at tax rates lower (or higher) than at contribu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
El Palacio De Hierro
El Palacio de Hierro (officially ''El Palacio de Hierro S.A. de C.V.''; en, The Iron Palace) is an upscale chain of department stores in Mexico. Its flagship store in Polanco, Mexico City, reopened in 2016 after an extensive renovation of US$300 million and an expansion of . It is the largest department store in Latin America and has been a member of the International Association of Department Stores since 2000. History In the 1850s, a clothing store opened in Mexico City called "Las Fábricas de Francia" (''The Factories of France'') which was owned by Victor Gassier, a Frenchman (not to be confused with the currently Fábricas de Francia chain, operated by Liverpool). In 1860, Gassier teamed up with Alexander Reynaud, forming a business called Gassier & Reynaud. In 1876, José Tron, his brother Henri and José Leautaud bought in, forming the association ''V. Gassier & Reynaud, Sucs. S. en C''. In 1879 the business' formal name was changed to ''J. Tron y Cía.''. However, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hermès
Hermès International S.A., or simply Hermès ( , ), is a French luxury design house established in 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. Its logo, since the 1950s, is of a Duke carriage with horse. History Beginnings in the 19th century Thierry Hermès was born in Krefeld, Germany, to a French father and a German mother. The family moved to France in 1828. In 1837, Hermès first established a harness workshop in the Grands Boulevards quarter of Paris, dedicated to serving European noblemen. He created high-quality wrought harnesses and bridles for the carriage trade, winning several awards including the first prize in its class in 1855 and again in 1867 at the Expositions Universelles in Paris. Hermès's son, Charles-Émile, took over management from his father in 1880 and moved the shop to ''24 rue du Faubourg Saint-Honoré'', where it remains. With the help of his sons Adolphe and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burberry
Burberry is a British luxury fashion house established in 1856 by Thomas Burberry headquartered in London, England. It currently designs and distributes ready to wear, including trench coats (for which it is most famous), leather accessories, and footwear. Its name and branding are licensed to Coty for fragrances and cosmetics and to Luxottica for eyewear. History Early years, 19th century Burberry was founded in 1856 when 21-year-old Thomas Burberry, a former draper's apprentice, opened his own store in Basingstoke, Hampshire, England. By 1870, the business had established itself by focusing on the development of outdoors attire. In 1879, Burberry introduced gabardine to his brand, a hardwearing, water-resistant yet breathable fabric, in which the yarn is waterproofed before weaving. In 1891, Burberry opened a shop in the Haymarket, London. 20th century In 1901, the Burberry Equestrian Knight logo was developed containing the Latin word "Prorsum", meaning "forwards", a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adolfo Domínguez
Adolfo Domínguez Fernández (, born on 14 May, 1950) is a Spanish fashion designer. In 2014, he won the National Designer Prize. Dominguez studied Philosophy and Arts, specialising in Art at Santiago University. Fashion business He took over his father's fashion boutique in Ourense in the early 1970s. He spent the following years developing his own designs, and finally made the big jump with a presentation of his work in Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 6.7 million. It is the Largest cities of the Europ ... in 1981. He also became the first Spanish designer to open his own brand-name store in Madrid, which grew into a chain with outlets across Spain and abroad. The company went public in 1997. Adolfo Dominguez S.A. currently has a network of around 400 branches, 98 of which are outside Spain. Annual turnove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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