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SEPI
''Sociedad Estatal de Participaciones Industriales'' (SEPI) is a Spanish state holding company that is characterized as a Sovereign wealth fund. It is controlled by the Ministry of the Treasury. SEPI was preceded by the Instituto Nacional de Industria (INI) and the Instituto Nacional de Hidrocarburos (INH). On June 16, 1995, SEPI was created in a provisional restructure which was authorized by Decree number 5/1995. On January 10, 1996, SEPI was ratified by Act of Parliament number 5/1999. This provided for the creation of various public legal entities and the abolition of the INI and the INH. SEPI Group SEPI has a direct and majority participation in nineteen companies, which make up the Grupo SEPI (SEPI Group). Its employees number around 80,000 workers. It also has interest in the Corporación Radiotelevisión Española (RTVE). SEPI also has minority direct shareholdings in seven companies, and indirect shareholdings in more than 100 companies. The SEPI Group has four divisio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sociedad Estatal De Participaciones Industriales
''Sociedad Estatal de Participaciones Industriales'' (SEPI) is a Spanish state holding company that is characterized as a Sovereign wealth fund. It is controlled by the Ministry of the Treasury. SEPI was preceded by the Instituto Nacional de Industria (INI) and the Instituto Nacional de Hidrocarburos (INH). On June 16, 1995, SEPI was created in a provisional restructure which was authorized by Decree number 5/1995. On January 10, 1996, SEPI was ratified by Act of Parliament number 5/1999. This provided for the creation of various public legal entities and the abolition of the INI and the INH. SEPI Group SEPI has a direct and majority participation in nineteen companies, which make up the Grupo SEPI (SEPI Group). Its employees number around 80,000 workers. It also has interest in the Corporación Radiotelevisión Española (RTVE). SEPI also has minority direct shareholdings in seven companies, and indirect shareholdings in more than 100 companies. The SEPI Group has four divisio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aerolíneas Argentinas
Aerolíneas Argentinas, formally Aerolíneas Argentinas S.A., is Argentina's largest airline and the country flag carrier. The airline was created in 1949 from the merger of four companies and started operations in . A consortium led by Iberia took control of the airline in 1990, and Grupo Marsans acquired the company and its subsidiaries in 2001, following a period of severe financial difficulties that put the airline on the brink of closure. The company has been run by the Argentine government since late 2008, when the country regained control of the airline after it was taken over from the Spanish owners. , Aerolíneas Argentinas was state-owned. It has its headquarters in Buenos Aires. SkyTeam membership was achieved in late ; the airline's cargo division became a member of SkyTeam Cargo in . Aerolíneas Argentinas and its former sister company Austral Líneas Aéreas operates from two hubs, both located in Buenos Aires: Aeroparque Jorge Newbery and Ministro Pistarini Int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agencia EFE
Agencia EFE, S.A. () is a Spanish international news agency, the major multimedia news agency in Spanish language and the world's fourth largest wire service after the Associated Press, Reuters, and Agence France-Presse. EFE was created in 1939 by Ramón Serrano Súñer, then Francoist faction's Interior Minister. Agencia EFE is a news agency that covers all areas of information in the news media of the press, radio, television and Internet. It distributes around three million news per year, thanks to its 3,000 journalists from 60 nationalities, operating 24/7 from more than 180 cities in 120 countries and with four editing tables in three continents: Madrid, Bogotá, Cairo (Arabic), and Rio de Janeiro (Portuguese). Employees in Spain are represented by several labor unions. EFE has about 40 employees in the United States who voted on 29 September 2005 to be represented by the News Media Guild. Workers ratified a first labor contract in December 2006, marking the first time the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Red Eléctrica De España
Red Eléctrica de España (; REE) is a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, where it operates the national power transmission system. It also holds assets in Peru, Chile and Brazil. History The company was created in 1985 by the State-owned holding company Instituto Nacional de Industria (INI) to provide a unified national power grid. Up to 20% of Red Eléctrica is controlled by the state-owned holding company Sociedad Estatal de Participaciones Industriales (SEPI), with the remainder being free float on the Bolsa de Madrid. Sell-offs The firm was also formerly active in telecommunications, but in 2005 sold its unit Albura (and with it access to a 7,500 km network of optical fibre) to Deutsche Telekom unit T-Online for €61.5 million. Acquisitions The company owns 5% of Portuguese counterpart Redes Energéticas Nacionais, with which it holds a strategic alliance. TDE was said to have been acquir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of The Treasury (Spain)
The Ministry of Finance or Ministry of Treasury (MH) is the department of the Government of Spain responsible for planning and carrying out the government policy on public finance and budget. It applies and manages the regional and local financing systems and the provision of information on the economic-financial activity of the different Public Administrations. The Finance Ministry also manages the cadastre and collects all the State taxes through the Agencia Tributaria as well as controlling the state-owned enterprises through the State Company of Industrial Participations (SEPI). Likewise, the MH manages the central government goods, the European funds and the public lottery. However, most of its duties are carried out by autonomous agencies like the Tax Agency and the Royal Mint. The MH is headed by the Minister of Finance, who is appointed by the King of Spain at request of the Prime Minister. The Minister is assisted by three main officials, the Secretary of State fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RTVE
The Corporación de Radio y Televisión Española, S.A. (; ), known as Radiotelevisión Española or RTVE, is the state-owned public corporation that assumed in 2007 the indirect management of the Spanish public radio and television service known as Ente Público Radiotelevisión Española. It provides multi-station television ( TVE) and radio services ( RNE), as well as online and streaming services. Since the entry into force of the ''Ley de Financiación de RTVE'' in 2009, RTVE is primarily funded by a combination of subsidies from the General State Budget and a fee levied on the private agents' gross revenue (3.0 % for private free-to-air channels, a 1.5 % for private subscription channels and a 0.9 % for telecom companies). RTVE is a full member of the European Broadcasting Union (EBU). The corporation's central headquarters are located in Pozuelo de Alarcón. History Precedents Spanish state-wide public broadcasting services have undergone numerous restructurings and r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Correos
Sociedad Estatal de Correos y Telégrafos, S.A., trading as Correos (literally "Mails"), is a state-owned company responsible for providing postal service in Spain and, due to bilateral agreements, it has responsibility for mail services in Andorra alongside the French company La Poste. The origins of Correos dates back to 1716. The change of dynasty in Spain ended the tradition of giving to some relevant families the duty to take care of the postal services and, on July 8, 1716, King Philip V appointed Juan Tomás de Goyeneche as Chief Superintendent and General Administrator of the Postal Offices, making the postal service responsibility of the State. The company is 100% state owned, through the State Society for Industrial Participations (SEPI). With more than 53,000 employees and 5.4 billion pieces of mail sent each year, Correos is one of the largest postal services in the world. Based in Madrid, it has over 10,000 postal centres all over Spain. The Correos Group is cur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enagás
Enagás, S.A. (, originally an initialism for ) is a Spanish energy company and European transmission system operator (TSO), which owns and operates the nation's gas grid. The firm also owns four liquefied natural gas regasification terminals in the country, at Huelva, Barcelona, Cartagena and Gijon. In addition, it owns 50% of the plant BBG (Bilbao) and 72.5% of the Saggas terminal in Sagunto. The chairman of Enagás is Antonio Llardén Carratalá and his chief executive officer is Arturo Gonzalo Aizpiri. The firm's headquarters are located in Madrid. Apart from Spain, Enagás has presence in Mexico, Perú, Chile, Sweden and in the Trans Adriatic Pipeline (TAP) European project. The company was founded in 1972 by the Spanish Government with the aim of creating a nationwide network of gas pipelines. After privatisation in 1994, Gas Natural acquired a controlling stake in the company. Since Enagás demerged in 2002, Gas Natural gradually decreased its stake to 5%, the maximum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HISPASAT
Hispasat is the operating company for a number of Spanish communications satellites that cover the Americas, Europe and North Africa from orbital positions 30.0° West and 61.0° West. It was formed in 1989 and its activities include provision of communication services in the commercial and government sectors (corporate networks, advanced telecommunications services, telephony, videoconferencing, etc.). Hispasat's fleet of satellites broadcast more than 1250 television channels and radio stations to more than 30 million homes, as well as providing services such as broadband to mobile telephones and landlines. The first Hispasat satellite sent into orbit was Hispasat 1A, which was launched on 11 September 1992 on board an Ariane 4 launch vehicle from the Centre Spatial Guyanais near Kourou in French Guiana. It was put into geostationary orbit at 30° West, which is the location of all their subsequent satellites serving Spain and Europe. The Amazonas satellites (61° West) wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Incorporation (business), incorporation, or published policy. When a company closes, it may need to be Liquidation, liquidated to avoid further legal obligations. Companies may associate and collectively register themselves ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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