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Körber AG
Körber AG is a strategic management holding company based in Hamburg. In 2020, the group had approximately 10,000 employees at more than 100 locations worldwide and generated sales of €1.76 billion. History 1946–1992 On July 14, 1946, Kurt A. Körber paved the way for the first business deals in Hamburg. On February 1, 1947, he established Hauni Maschinenfabrik Körber & Co. KG (from 1958: Hauni-Werke Körber & Co. KG). The company originally only produced machines for the tobacco industry. In 1953, it moved to a new location within Hamburg's Bergedorf district. One year later, it had more than 1,000 employees. The group's international expansion began in 1948, when Eric M. Warburg, who had been living in exile, helped Körber establish contact with American cigarette manufacturers. In 1951, Körber's machines were successful at a tobacco trade show in Amsterdam. By 1953, his company exported 80 percent of its products, and machines from Hauni plants were used in 48 cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aktiengesellschaft
(; abbreviated AG, ) is a German word for a corporation limited by Share (finance), share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni''), and South Tyrol for companies incorporated there. It is also used in Luxembourg (as lb, Aktiëgesellschaft, label=none, ), although the equivalent French language term ''S.A. (corporation), société anonyme'' is more common. In the United Kingdom, the equivalent term is public limited company, "PLC" and in the United States while the terms Incorporation (business), "incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company" (though note for the British term only a minority of public limited companies have their shares listed on stock exchanges). Meaning of the word The German w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lokstedt
Lokstedt () is a quarter of Hamburg, Germany in the Eimsbüttel Eimsbüttel () is one of the seven boroughs (Bezirke) of Hamburg, Germany. In 2020 the population was 269,118. History On March 1, 2008 Eimsbüttel lost part of its area to the borough Altona where it formed the Sternschanze quarter. Geography ... borough. References Quarters of Hamburg Harburg, Hamburg {{Hamburg-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Körber Foundation
The Körber Foundation (German: ''Körber-Stiftung'') is a nonprofit organization, established in 1959 by German businessman Kurt A. Körber. It provides a platform to discuss present political topics and develops operational projects on social and political issues. Its agenda is focused on key areas of European foreign policy in the Middle East and in Eastern Europe, Russia and the CIS. The foundation pursues this agenda with four discussion fora: Bergedorf Round Table, Körber Dialogue Middle East, Political Breakfasts, and Körber Network Foreign Policy. The organization has its headquarters in Hamburg and maintains an international relations department in Berlin. Since the death of the company founder in 1992, it is the sole shareholder of Körber AG. Bergedorf Round Table Chaired by former German president Richard von Weizsäcker, the Bergedorf Round Table is a confidential, two-day gathering with around thirty participants that is held three times a year. Since 1961 it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wirtschaftswoche
''Wirtschaftswoche'' is a German weekly business news magazine published in Germany. “Wirtschaft” means economy (including business) and “Woche” is week. History and profile For many years, ''Wirtschaftswoche'' was published weekly on Thursdays, but since March 2006, this has been changed to Mondays. The editorial office is in Düsseldorf. The publisher is Verlagsgruppe Handelsblatt which also publishes ''Handelsblatt''. The magazine provides business- and economy-related news. Its target audience is managers and business people. In November 2014 Miriam Meckel was appointed editor-in-chief of the weekly. Under the leadership of Miriam Meckel, WirtschaftsWoche has gone through a major structural as well as design relaunch with edition 20/2015. The magazine has slightly changed its logo as part of this redesign. Circulation In the period of 2001-2002 ''Wirtschaftswoche'' had a circulation of 187,000 copies. For the first quarter of 2005 the circulation of the magazine wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Handelsblatt
The ''Handelsblatt'' (literally "commerce paper" in English) is a German-language business newspaper published in Düsseldorf Düsseldorf ( , , ; often in English sources; Low Franconian and Ripuarian: ''Düsseldörp'' ; archaic nl, Dusseldorp ) is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in th ... by Handelsblatt Media Group, formerly known as Verlagsgruppe Handelsblatt. History and profile ''Handelsblatt'' was established in 1946 by journalist Herbert Gross (journalist), Herbert Gross, but after some months Friedrich Vogel (journalist), Friedrich Vogel (1902–1976) became publisher. In 1969, Georg von Holtzbrinck became partner of Friedrich Vogel. Since 2021, its editor-in-chief is Sebastian Matthes. Its publisher, Handelsblatt Media Group, also publishes the weekly business magazine ''Wirtschaftswoche'' of which the editor-in-chief is Beat Balzli. ''Handelsblatts headquarters are in Düsseldorf. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price War
A price is the (usually not negative) quantity of payment or compensation given by one party to another in return for goods or services. In some situations, the price of production has a different name. If the product is a "good" in the commercial exchange, the payment for this product will likely be called its "price". However, if the product is "service", there will be other possible names for this product's name. For example, the graph on the bottom will show some situations A good's price is influenced by production costs, supply of the desired item, and demand for the product. A price may be determined by a monopolist or may be imposed on the firm by market conditions. Price can be quoted to currency, quantities of goods or vouchers. * In modern economies, prices are generally expressed in units of some form of currency. (More specifically, for raw materials they are expressed as currency per unit weight, e.g. euros per kilogram or Rands per KG.) * Although prices ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude oil, Maize, corn, and gold. Other definitions of commodity include something useful or valued and an alternative ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exchange Rates
In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of the euro. The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an interbank exchange rate of 114 Japanese yen to the United States dollar means that ¥114 will be exchanged for or that will be exchanged for ¥114. In this case it is said that the price of a dollar in relation to yen is ¥114, or equivalently that the price of a yen in relation to dollars is $1/114. Each country determines the exchange rate regime that will apply to its currency. For example, a currency may be floating, pegged (fixed), or a hybrid. Governments can impose certain limits and controls on exchange rates. Countries can also have a strong or weak currency. There is no agreement in the econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Restructuring
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout In finance, a buyout is an investment transaction by which the ownership equity of a company, or a majority share of the stock of the company is acquired. The acquiror thereby "buys out" the present equity holders of the target company. A buyout .... Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring. Executives involved in restructuring often hire financial and legal advisors to assist in the transaction details and negotiation. It may also be done by a new CEO hired specifically to make the d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Mark
The Deutsche Mark (; English: ''German mark''), abbreviated "DM" or "D-Mark" (), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until the adoption of the euro in 2002. In English, it was typically called the "Deutschmark" (). One Deutsche Mark was divided into 100 pfennigs. It was first issued under Allied occupation in 1948 to replace the Reichsmark and served as the Federal Republic of Germany's official currency from its founding the following year. On 31 December 1998, the Council of the European Union fixed the irrevocable exchange rate, effective 1 January 1999, for German mark to euros as DM 1.95583 = €1. In 1999, the Deutsche Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins on 1 January 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ellwangen
Ellwangen an der Jagst, officially Ellwangen (Jagst), in common use simply Ellwangen () is a town in the district of Ostalbkreis in the east of Baden-Württemberg in Germany. It is situated about north of Aalen. Ellwangen has 25,000 inhabitants. Geography Ellwangen is situated in the valley of the river Jagst, between the foothills of the Swabian Alb and Virngrund (ancient Virgundia) forest, the latter being part of the Swabian-Franconian Forest. The Jagst runs through Ellwangen from south to north. History The town developed in the 7th century as an Alemannic settlement in the Virgunna forest next to the Franconian-Swabian border. In 764 the Frankish noble Hariolf, Bishop of Langres, founded a Benedictine monastery, Ellwangen Abbey, on a hill next to the settlement. The monastery was mentioned in a document of Louis the Pious as ''Elehenuuwang'' in 814. It became a ''Reichsabtei'' in 817. From 870 to 873 the Byzantine Greek "Apostle of the Slavs" Saint Methodius was imprison ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Helmut Schmidt
Helmut Heinrich Waldemar Schmidt (; 23 December 1918 – 10 November 2015) was a German politician and member of the Social Democratic Party of Germany (SPD), who served as the chancellor of West Germany from 1974 to 1982. Before becoming Chancellor, he served as the minister of defence (1969–1972) and the minister of finance (1972–1974) in the government of Willy Brandt. In the latter role he gained credit for his financial policies. He had also briefly been Minister of Economics and as acting Foreign Minister. As Chancellor, he focused on international affairs, seeking "political unification of Europe in partnership with the United States" and issuing proposals that led to the NATO Double-Track Decision in 1979 to deploy US Pershing II missiles to Europe. He was an energetic diplomat who sought European co-operation and international economic co-ordination and was the leading force in creating the European Monetary System in 1978. He was re-elected chancellor in 1976 and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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