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Mutares
Mutares SE & Co. KGaA (styled Mutares) is a German-based holding company that acquires medium-sized companies in turnaround situations in order to sell them off again, if restructuring succeeds. Portfolio Since its establishment in 2008, Mutares has acquired more than 25 companies and carried out several divestments. As of January 2019, the company holds 10 independent portfolio companies headquartered in Europe, with sites in Asia, Africa and the Americas. The company portfolio is divided into three segments: Automotive and Mobility, Engineering and Technology and Goods and Services. Bankruptcies and Liquidations Various Mutares Portfolio Companies had to file for bankruptcy or have been liquidated: * German paper mill Zanders, * French e-commerce company ''Pixmania '' * German producer of inverters ''Platinum '' * French Wholesaler for tableware ''Artmadis '' was liquidated. Company sales The following portfolio companies had been sold off: * German automotive ...
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Aktiengesellschaft
(; abbreviated AG, ) is a German word for a corporation limited by 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 ''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 ''société anonyme'' is more common. In the United Kingdom, the equivalent term is "PLC" and in the United States while the terms "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 word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting pa ...
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Munich
Munich ( ; german: München ; bar, Minga ) is the capital and most populous city of the German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the third-largest city in Germany, after Berlin and Hamburg, and thus the largest which does not constitute its own state, as well as the 11th-largest city in the European Union. The city's metropolitan region is home to 6 million people. Straddling the banks of the River Isar (a tributary of the Danube) north of the Bavarian Alps, Munich is the seat of the Bavarian administrative region of Upper Bavaria, while being the most densely populated municipality in Germany (4,500 people per km2). Munich is the second-largest city in the Bavarian dialect area, after the Austrian capital of Vienna. The city was first mentioned in 1158. Catholic Munich strongly resisted the Reformation and was a political point of divergence during the resulting Thirty Years' War, but remained physicall ...
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Germany
Germany, officially the Federal Republic of Germany (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the south. Its 16 constituent states have a total population of over 84 million in an area of . It borders Denmark to the north, Poland and Czechia to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in what is now Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the ...
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Chief Operating Officer
A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the " C-suite". The COO is usually the second-in-command at the firm, especially if the highest-ranking executive is the chairperson and CEO. The COO is responsible for the daily operation of the company and its office building and routinely reports to the highest-ranking executive—usually the chief executive officer (CEO). Responsibilities and similar titles Unlike other C-suite positions, which tend to be defined according to commonly designated responsibilities across most companies, a COO's job tends to be defined in relation to the specific CEO with whom they work, given the close working relationship of these two individuals. The selection of a COO is similar in many ways to the selection of a vice president or chief of staff of the United States: power and responsibility structures vary in government and priv ...
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Chief Restructuring Officer
A chief restructuring officer (CRO) is a senior officer of a company given broad powers to renegotiate all aspects of a company's finances to deal with an impending bankruptcy or to restructure a company following a bankruptcy filing. The use of CROs, who usually have an expertise in the field of business in which the company operates, has been increasing in popularity since the 1990s. CROs are sometimes seen as an alternative to using a trustee in bankruptcy in a reorganization bankruptcy, because the trustees may not be knowledgeable in field of business conducted by the company. Further CROs give the company management and creditors more of say in the running of a company than a trustee is required to do so. CRO's have sometimes been compared to "turn around" consultants although the CRO differs from a turn around consultant in that the CRO is an official of the company and has executive power. While CROs officially report to the company and its board of directors, they are cons ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''President (corporate title), president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', ''moderator (town official), moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''Spe ...
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STS Group
STS Group is a Bangladeshi conglomerate company servicing healthcare and education. Under the Group, two subsidiary companies namely STS Holdings Ltd for Healthcare and STS Capital Limited (former STS Educational Group Ltd) for Education sector was formed. The majority of the shares are owned by British International Investment, a United Kingdom government investment fund. History STS Group was founded in 1997 by merging Shanta Group, Tropica Group and Sepal Group, the three business houses that were operating independently. The acronym S-T-S came from the first three letters of these three corporate business houses in Bangladesh. The group's goal was to provide healthcare and education with participation of local and foreign entrepreneurs. It established International School Dhaka in 1998 and is located in Bashundhara Residential Area. It established International Training Centre in 2006. In 2005, it started Apollo Hospital Dhaka which would be rebranded to Evercare Hospita ...
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Frankfurt Stock Exchange
The Frankfurt Stock Exchange (german: link=no, Börse Frankfurt, former German name – FWB) is the world's 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm (German time). Organisation Located in Frankfurt, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse AG and Börse Frankfurt Zertifikate AG. It is located in the district of Innenstadt and within the central business district known as Bankenviertel. With 90 percent of its turnover generated in Germany, namely at the two trading venues Xetra and Börse Frankfurt, the Frankfurt Stock Exchange is the largest of the seven regional securities exchanges in Germany. The trading indices are DAX, DAXplus, CDAX, DivDAX, LDAX, MDAX, SDAX, TecDAX, VDAX and EuroStoxx 50. Trading venues Xetra and Börse Frankfurt Through its Deutsche Börse Cash Market business section, Deutsche Börse AG now operates two trading venues at the Frankfurt Stock Exc ...
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Knorr-Bremse
Knorr-Bremse AG is a German manufacturer of braking systems for rail and commercial vehicles that has operated in the field for over 110 years. Other products in Group's portfolio include intelligent door systems, control components, air conditioning systems for rail vehicles, torsional vibration dampers, and transmission control systems for commercial vehicles. In 2019, the Group's workforce of over 28,000 achieved worldwide sales of EUR 6.93 billion. The Group has a presence in over 30 countries, at 100 locations. On 4 November 2020, it was announced that Knorr-Bremse AG had chosen Dr. Jan Michael Mrosik to be a member of the Executive Board and CEO. The appointment takes effect as of 1 January 2021. History Foundation Engineer Georg Knorr established ''Knorr-Bremse GmbH'' in 1905 in Boxhagen-Rummelsburg, Neue Bahnhofstraße, near Berlin (since 1920 part of Berlin- Friedrichshain). Its production of railway braking systems derived from a company ("Carpenter & ...
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Holding Companies Of Germany
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ...
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