Saurer Postbus Altstätten Schweiz
Adolph Saurer AG was a Swiss manufacturer of embroidery and textile machines, trucks and buses under the Saurer and Berna (beginning in 1929) brand names. Based in Arbon, Switzerland, the firm was active between 1903 and 1982. Their vehicles were widely used across mainland Europe, particularly in the interwar period. History In 1853 Franz Saurer (1806–1882) from Veringenstadt, Germany established an iron foundry for household goods near the Swiss town of Sankt Gallen. Eastern Switzerland was a center for both embroidery and embroidery machine development. In approximately 1850, Franz Rittmeyer built the first practical satin stitch embroidery machine, known as the '' Handstickmaschine''. Several Swiss companies began building and improving these machines, their heyday lasting from roughly 1865 until the end of the century. Two of Franz Saurer's sons – Anton and Adolph – were aware of this invention, saw an opportunity, and began building hand embroidery machines in th ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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