Société Générale De Belgique
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Société Générale De Belgique
The ' ( nl, Generale Maatschappij van België; literally "General Company of Belgium") was a large Belgian bank and later holdings company which existed between 1822 and 2003. The ''Société générale'' was originally founded as an investment bank by William I of the Netherlands in 1822 when Belgium was under Dutch rule. After the Belgian Revolution in 1830, it served as the national bank until 1850. Its investments in the national economy contributed to the rapidity of the Industrial Revolution in the region. As a holding company, the ''Société générale'' exercised considerable indirect control over the Belgian and colonial economy. Various elements of the company, including its banking wing, were split off over the course of its existence. In the 1980s, Suez begun to buy up the company's shares and, in 1998, the ''Société générale'' was taken over by Suez Lyonnaise des Eaux. It ceased to exist in 2003 when it was merged with Tractebel to form Suez-Tractebel. His ...
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SGB 2022
SGB may refer to: Organisations * Schweizerischer Gewerkschaftsbund, the Swiss Trade Union Federation * Scholengemeenschap Bonaire, the secondary school on the island of Bonaire * SGB-SMIT Group, a transformer manufacturer * St.George Bank (ASX code), an Australian bank * Société Générale de Belgique, a Belgian bank Entertainment and media * Super Game Boy, a Super Nintendo Entertainment System accessory * Russian Spetsnaz Guards Brigade, a faction in the ''Tom Clancy's EndWar'' video game and novelization Other uses * Sozialgesetzbuch, the German Code of social law * Speedway Great Britain Premiership, the top division * Speedway Great Britain Championship, the second division * Supergalactic latitude (SGB), a measure of latitude in the astronomical supergalactic coordinate system * Surabaya Gubeng railway station Surabaya Gubeng Station, known as Spoorwegstation Goebeng Soerabaja during the Dutch East Indies era, is a railway station located at Gubeng Station Str ...
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Dutch Guilder
The guilder ( nl, gulden, ) or florin was the currency of the Netherlands from the 15th century until 2002, when it was replaced by the euro. The Dutch name ''gulden'' was a Middle Dutch adjective meaning "golden", and reflects the fact that, when first introduced in 1434, its value was about equal to (i.e., it was on par with) the Italian gold florin. The Dutch guilder was a ''de facto'' reserve currency in Europe in the 17th and 18th centuries. Between 1999 and 2002, the guilder was officially a "national subunit" of the euro. However, physical payments could only be made in guilders, as no euro coins or banknotes were available. The exact exchange rate, still relevant for old contracts and for exchange of the old currency for euros at the central bank, is 2.20371 Dutch guilders for 1 euro. Inverted, this gives 0.453780 euros for 1 guilder. Derived from the Dutch guilder are the Netherlands Antillean guilder (still in use in Curaçao and Sint Maarten) and the Surinamese gui ...
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Electrabel
Electrabel SA is a Belgian energy corporation. It is a subsidiary of French multinational utility company Engie S.A. (formerly GDF Suez). History Electrabel was established in 1905. Its actual name originates from 1990, after the regrouping of the companies Intercom, EBES and Unerg. For a long time a majority stake in Electrabel was held by the French company Suez. In 2005, Suez increased its stake to 96.7% and a squeeze-out of the remaining shareholders was completed on 10 July 2007, when the company was delisted from the stock exchange. Following Suez's 2008 merger with Gaz de France, Electrabel became a subsidiary of GDF Suez, which changed its name into Engie in 2015. Operations Electrabel is active in the Benelux market. It generates electricity and heat, and supplies electricity and natural gas to six million customers. In 2008, Electrabel sold 97.4 TWh of electricity and 72 TWh of natural gas. It is the largest electricity producer in the Netherlands and Belgium, ...
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Distrigas
Distrigas was a natural gas company based in Belgium. In addition to Belgium, the company operated also in France, the Netherlands and Germany. On 1 November 2012, Distrigas merged with Nuon Belgium and became Eni Gas & Power NV/SA, a wholly owned subsidiary of Eni. History Distrigas was founded in 1929 by the Imperial Continental Gas Association. In 2001, Distrigas was unbundled separating gas transmission company Fluxys and reorganizing Distrigas to natural gas trading company. Distrigas went public with majority owned by Suez. As a consequence of the merger of Gaz de France and Suez, according to conditions posed by the European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ... with regards to allowing the merger, on 29 May 2008 Suez sold its stake in Distrigas ...
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Compagnie Maritime Belge
The Compagnie Maritime Belge (CMB) is one of the oldest Antwerp ship-owners. It is controlled by the Saverys family who also own major stakes in the Exmar and Euronav groups. History CMB was founded in 1895 under the name Compagnie Belge Maritime du Congo (CBMC). At the request of Leopold II of Belgium and with support from British investors, a maritime connection was opened with Congo Free State. On 6 February 1895 the CMBC ship ''Léopoldville'' was the first to leave port of Antwerp for Congo Free State. For sixty years the Congo boats (''Kongoboten'') were a constant presence in the port of Antwerp. In 1930 CBMC acquired ', another Belgian shipowner. The name of the new company became Compagnie Maritime Belge (CMB), and new lines were opened towards America and the Far East. In the Second World War, on the December 24th, 1944, CMB's 1928 Leopoldville while transporting the 66th Infantry Division, Leopoldville was torpedoed and sank in under 3 hours, losing 763 American s ...
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Numericable
Numericable was a major French Cable television, cable operator and telecommunications services company. Numericable was originally created in 2007 from the merger between former competitors Noos and NC Numericable networks. Numericable Group SA was founded in August 2013 to act as the parent company of Numericable group companies and to offer its shares on the stock exchange. The company provides broadband, cable broadband services in France, Luxembourg and Portugal, offering digital television, digital and analog television, analog television, Internet access, Internet, and phone services to homes. From 2008, Numericable also offered mobile telephone services to its customers. It was the leading cable television provider and internet access provider in metropolitan France. From 2012, Numericable held the largest high-speed broadband networks, broadband network in France, including a small portion using optical fiber or FTTX. On September 19, 2013, following failed talks with the ...
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Ateliers De Constructions Electriques De Charleroi
SA Ateliers de Constructions Electriques de Charleroi (abbrev. ACEC) was a Belgian manufacturer of electrical generation, transmission, transport, lighting and industrial equipment, with origins dating to the late 19th century as a successor to the ''Société Électricité et Hydraulique'' founded by Julien Dulait. After World War II the company expanded into electronics, and became a contractor to the nuclear industry. The company was acquired by Westinghouse in 1970; in 1985 Westinghouse's share was acquired by Société Générale de Belgique (SGB) and Compagnie Générale d'Electricité (CGE). The company operated at a loss during the 1980s, and was split and sold; Alstom and its affiliates acquired the majority of the company, along with ABB and Alcatel Bell and others. The remnants of the company were merged into Union Minière in 1989, forming ''ACEC Union Minière''. History Background, 1878–1904 In 1878 Julien Dulait (1855–1926), son of steelworks engineer J ...
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BNP Paribas Fortis
BNP Paribas Fortis is an international bank based in Belgium and is a subsidiary of BNP Paribas. It was formerly, together with Fortis Bank Nederland, the banking arm of the financial institution Fortis. After the ultimately unsuccessful ABN-AMRO takeover, the subprime crisis and management mistakes led to the sale of the Dutch and Luxembourg parts of the banking branch to the Dutch and Luxembourg governments. Fortis Bank itself was first partly bought by the Belgian government (for €4.7 billion), then fully purchased by the government and sold to BNP Paribas. BNP Paribas Fortis is the largest bank in Belgium. It offers a full range of financial services to private and corporate clients, wealthy individuals, companies, public and financial institutions. The activities are divided into four business lines: Retail & Private Banking, Corporate & Public Banking, Corporate & Investment Banking and Investment Solutions. The bank supports its clients abroad via offices in some 80 cou ...
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Fortis (finance)
Fortis, formally Fortis N.V./S.A., was a Benelux-centered global financial services group active in insurance, banking and investment management, initially formed in 1990 by a three-way Belgian-Dutch merger and headquartered in Brussels. It grew rapidly through multiple acquisitions, and in 2007 was the 20th largest financial services business in the world by revenue. It was listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges. Fortis encountered severe problems in the financial crisis of 2008, not least as a consequence of participating in 2007 in the joint acquisition of ABN AMRO together with Royal Bank of Scotland Group and Banco Santander. It received an emergency bailout from the governments of Belgium and the Netherlands and was broken up soon thereafter. As a consequence: * Fortis Bank Nederland was nationalised by the Dutch government and merged in July 2010 with ABN AMRO's former Dutch operations, which had not yet been integrated with Fo ...
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Generale Bank
Fortis, formally Fortis N.V./S.A., was a Benelux-centered global financial services group active in insurance, banking and investment management, initially formed in 1990 by a three-way Belgian-Dutch merger and headquartered in Brussels. It grew rapidly through multiple acquisitions, and in 2007 was the 20th largest financial services business in the world by revenue. It was listed on the Euronext Brussels, Euronext Amsterdam, and Luxembourg stock exchanges. Fortis encountered severe problems in the financial crisis of 2008, not least as a consequence of participating in 2007 in the joint acquisition of ABN AMRO together with Royal Bank of Scotland Group and Banco Santander. It received an emergency bailout from the governments of Belgium and the Netherlands and was broken up soon thereafter. As a consequence: * Fortis Bank Nederland was nationalised by the Dutch government and merged in July 2010 with ABN AMRO's former Dutch operations, which had not yet been integrated with Fo ...
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Wall Street Crash Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Amer ...
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Belgian Congo
The Belgian Congo (french: Congo belge, ; nl, Belgisch-Congo) was a Belgian colony in Central Africa from 1908 until independence in 1960. The former colony adopted its present name, the Democratic Republic of the Congo (DRC), in 1964. Colonial rule in the Congo began in the late 19th century. King Leopold II of the Belgians attempted to persuade the Belgian government to support colonial expansion around the then-largely unexploited Congo Basin. Their ambivalence resulted in Leopold's establishing a colony himself. With support from a number of Western countries, Leopold achieved international recognition of the Congo Free State in 1885. By the turn of the century, the violence used by Free State officials against indigenous Congolese and a ruthless system of economic exploitation led to intense diplomatic pressure on Belgium to take official control of the country, which it did by creating the Belgian Congo in 1908. Belgian rule in the Congo was based on the "colonial tr ...
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