Instituto Nacional De Industria
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Instituto Nacional De Industria
Instituto Nacional de Industria (INI, National Institute of Industry) was a Spanish state-owned financing and industrial holding company established in Francoist Spain for the development of industry and social control. It was succeeded by the Sociedad Estatal de Participaciones Industriales (SEPI) in 1995. History The INI was established on 25 September 1941 with a starting capital of fifty million pesetas. It aimed to promote the development of Spanish industry and the self-sufficiency of the Spanish economy. It aimed to overturn the effects of the devastation caused by the Spanish Civil War by carrying out in Spain the functions that the Istituto per la Ricostruzione Industriale (IRI) had in Italy. Despite its inefficiencies, INI was instrumental in moving the mostly underdeveloped primary-sector-focused closed Spain of the 1940s to the booming Spain of the 1960s and early 1970s of the so-called Spanish miracle. To achieve its goal, INI either financed on its own or directed pr ...
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Public Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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Navantia
Navantia is a Spanish state-owned shipbuilding company, which offers its services to both military and civil sectors. It is the fifth-largest shipbuilder in Europe and the ninth-largest in the world with shipyards around the globe. The heir to the segregation of the military assets of the IZAR Group in 2005, Navantia designs, builds and supports all types of surface vessels, submarines and systems. In addition, it is expanding into new markets diversifying its product, such as renewable energy, the offshore industry and all kinds of services that it requires by the naval industry. Company The origins of Navantia go back to the origins of Spanish naval construction, from the 13th century with Alfonso X with the Real Atarazanas de Sevilla and the Real Carenero of San Fernando, which took great relevance during the discovery of America until due to the increase of the size of the ships and their greater draft, in 1730 they were replaced by the historical military Arsenal de Fe ...
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Iveco
IVECO, an acronym for Industrial Vehicles Corporation, is an Italian multinational transport vehicle manufacturing company. It designs and builds light, medium, and heavy commercial vehicles. The name IVECO first appeared in 1975 after a merger of Italian, French, and German brands. Its production plants are in Europe, China, Russia, Australia and Latin America and it has about 5,000 sales and service outlets in over 160 countries. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about 10 billion. The company was spun-off from CNH Industrial on 1 January 2022. It is subsidiary of Iveco Group N.V., a holding company incorporated in Amsterdam, Netherlands, and is listed on Borsa Italiana. History IVECO was incorporated on 1 January 1975, with the merger of five different brands: FIAT Veicoli Industriali (with headquarters in Turin), OM (Brescia, Italy), Lancia Veicoli Speciali (Italy), Unic (France), and Magirus-Deutz (Germany ...
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Volkswagen Group
Volkswagen AG (), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as offering related services, including financing, leasing and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018 and 2019, selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 ''Fortune'' Global 500 list of the world's largest companies. The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Lamborghini, Porsche, SEAT, Škoda and Volkswagen brands; motorcycles under the Ducati name; light commercial vehicles under the Volkswagen Commercial Vehicles brand; and heavy commercial vehicles via the marques of listed subsi ...
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Arcelor
Arcelor S.A. was the world's largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of €30.2 billion and shipments of 45 million metric tons of steel in 2004. The company was created in 2002 by a merger of the former companies Aceralia (Spain), Usinor (France) and Arbed (Luxembourg). Arcelor is now part of ArcelorMittal after a takeover by Mittal Steel in 2006. Business Once employing 310,000 employees in over 60 countries, it was a major player in all its main markets: automotive, construction, metal processing, primary transformation, household appliances, and packaging, as well as general industry. With total sales of over €40 billion, Arcelor was, by 2006, one of the world's largest steel manufacturer in terms of turnover. It produced long steel products, flat steel products and inox-steel. In January 2006 Arcelor announced the acquisition of Dofasco, Canada's largest steel producer with an annual output of 4.4 m ...
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European Economic Community
The European Economic Community (EEC) was a regional organization created by the Treaty of Rome of 1957,Today the largely rewritten treaty continues in force as the ''Treaty on the functioning of the European Union'', as renamed by the Lisbon Treaty. aiming to foster economic integration among its member states. It was subsequently renamed the European Community (EC) upon becoming integrated into the first pillar of the newly formed European Union in 1993. In the popular language, however, the singular ''European Community'' was sometimes inaccuratelly used in the wider sense of the plural '' European Communities'', in spite of the latter designation covering all the three constituent entities of the first pillar. In 2009, the EC formally ceased to exist and its institutions were directly absorbed by the EU. This made the Union the formal successor institution of the Community. The Community's initial aim was to bring about economic integration, including a common market an ...
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Telefónica
Telefónica, S.A. () is a Spanish multinational telecommunications company headquartered in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadband, and subscription television, operating in Europe and the Americas. As well as the Telefónica brand, it also trades as Movistar, O2, and Vivo. The company is a component of the Euro Stoxx 50 stock market index. History * The company was created in Madrid in 1924 as Compañía Telefónica Nacional de España (CTNE) with ITT as one of its major shareholders. * In 1945, the state acquired by law a share of 79.6% of the company. This stake was diluted by a capital increase in 1967. * Until the liberalisation of the telecom market in 1997, Telefónica was the only telephone operator in Spain. It still holds a dominant position (over 75% in 2000). * Nowadays, Telefónica is present in more than 20 countries around Europe and America. ...
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Tabacalera
Tabacalera, formerly the Compañía Arrendataria de Tabacos, was a Spanish tobacco monopoly whose origins date back to 1636, making it the oldest tobacco company in the world. In 1999, the company merged with SEITA of France to form Altadis, which was later purchased by Imperial Tobacco. Its brands included Ducados and Fortuna Fortuna ( la, Fortūna, equivalent to the Greek goddess Tyche) is the goddess of fortune and the personification of luck in Roman religion who, largely thanks to the Late Antique author Boethius, remained popular through the Middle Ages until at .... Tabacalera owns 50% stake in Cuba's official cigar export operation Corporación Habanos. Since buying the stake 15 years ago, Tabacalera has played a key role in marketing and selling Cuban cigars in more than 150 countries around the world. References Tobacco companies of Spain Companies based in Madrid Defunct manufacturing companies of Spain Former monopolies Companies established in 1636 ...
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Compañía Transatlántica Española
Compañía Transatlántica Española, S.A. (''Transatlantic Company of Spain'', abbreviated CTE), also known as the Spanish Line in English, was a passenger ocean line that has largely ceased operations although it still exists as a company. It is popularly known as ''"La Trasatlántica"'' in the Spanish language (Catalan: ''"La Transatlàntica"''). History CTE's first office in Spain was in Santander in the 19th century. Its head office was transferred to Barcelona after Antonio López y López, the owner of the company, married Catalan, Dona Lluïsa Bru Lassús. "La Trasatlántica" was established in colonial Cuba in 1850 as "Compañia de Vapores Correos A. López" by Spanish businessman Don Antonio López y López. It began operations with a 400-ton sail- steamer. In 1878 Antonio López was ennobled with the title of Marquess of Comillas. His company changed its name to "Compañía Transatlántica Española", its present name, after being registered as a joint stock compa ...
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Asturias
Asturias (, ; ast, Asturies ), officially the Principality of Asturias ( es, Principado de Asturias; ast, Principáu d'Asturies; Galician-Asturian: ''Principao d'Asturias''), is an autonomous communities of Spain, autonomous community in northwest Spain. It is coextensive with the provinces of Spain, province of Asturias and contains some of the territory that was part of the larger Kingdom of Asturias in the Middle Ages. Divided into eight Comarcas of Asturias, ''comarcas'' (counties), the autonomous community of Asturias is bordered by Cantabria to the east, by Province of León, León (Castile and León) to the south, by Province of Lugo, Lugo (Galicia (Spain), Galicia) to the west, and by the Cantabrian Sea, Cantabrian sea to the north. Asturias is situated in a mountainous setting with vast greenery and lush vegetation, making it part of Green Spain. The region has a oceanic climate, maritime climate. It receives plenty of annual rainfall and little sunshine by Spanish ...
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