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Volkswerft
Volkswerft (german: Volkswerft Stralsund GmbH) is a shipyard in the Hanseatic city of Stralsund on the Strelasund. It is part of the German Hegemann-group. The Volkswerft was founded in 1948 as ''Ingenieurbau Ges.m.b.H.''. On April 25 the first trawler was delivered and on June 15, 1948 the '' VEB Volkswerft Stralsund'' was registered. From 1948 till 1953 the shipyard produced 196 ships, all of them to be used for reparation payments to the Soviet Union. In the following years, the Volkswerft produced trawlers for the Soviet and other fleets. In October 1957, the first ship built for a fleet not pertaining to the Eastern Bloc was delivered to Iceland. In 1973, Lloyd's of London saw the Volkswerft as number one in the production of trawlers worldwide. After 1990, the Volkswerft was privatized two times, first as ''Volkswerft Stralsund GmbH'' becoming part of the Vulkan-Gruppe ( Bremen) in 1993. In 1998 it became part of the Maersk group, Maersk having paid 25 million DM to the ...
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Volkseigene Betriebe
The Publicly Owned Enterprise (german: Volkseigener Betrieb; abbreviated VEB) was the main legal form of industrial enterprise in East Germany. They were all publicly owned and were formed after mass nationalisation between 1945 and the early 1960s, and the handing back in 1954 of some 33 enterprises previously taken by the Soviet Union as reparations. The managing director of a VEB was called a plant or works manager (German: ''Werkleiter'', ''Werkdirektor'' or ''Betriebsdirektor''). He or she was assisted by the first secretary of the factory party organisation (''Betriebsparteiorganisation'') of the SED, and the chairman of the factory trade union (''Betriebsgewerkschaftsleitung''). Subordinate to them were roles such as "Chief Accountant" and "Technical Director". VEBs were initially vertically integrated into units called Associations of Publicly Owned Enterprises (''Vereinigung Volkseigener Betriebe'', VVBs). A VVB existed in most major industries to consolidate production a ...
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Volkseigener Betrieb
The Publicly Owned Enterprise (german: Volkseigener Betrieb; abbreviated VEB) was the main legal form of industrial enterprise in East Germany. They were all publicly owned and were formed after Nationalisation#Germany, mass nationalisation between 1945 and the early 1960s, and the handing back in 1954 of some 33 enterprises previously taken by the Soviet Union as War reparations, reparations. The managing director of a VEB was called a plant or works manager (German: ''Werkleiter'', ''Werkdirektor'' or ''Betriebsdirektor''). He or she was assisted by the first secretary of the factory party organisation (''Betriebsparteiorganisation'') of the Socialist Unity Party of Germany, SED, and the chairman of the factory trade union (''Betriebsgewerkschaftsleitung''). Subordinate to them were roles such as "Chief Accountant" and "Technical Director". VEBs were initially vertical integration, vertically integrated into units called Associations of Publicly Owned Enterprises (''Vereinigung V ...
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Bremer Vulkan
Bremer Vulkan AG was a prominent German shipbuilding company located at the Weser river in Bremen-Vegesack. It was founded in 1893 and closed in 1997 because of financial problems and mismanagement. All together Bremer Vulkan built about 1100 ships—including the ships of the predecessor Johann Lange Shipyard—of different types. It is remarkable that the Bremer Vulkan, with the exception of both World Wars, only built civilian ships; production of naval ships except during wartime first started in the 1980s. History Bremer Vulkan AG was founded 1893 in Vegesack-a suburb of the city of Bremen–by a group of investors and Bremen merchants and by overtaking the 1805 founded Johann Lange Shipyard. Two years later the Bremer Vulkan bought the ''Bremer Schiffbaugesellschaft'' – former ''H. F. Ulrichs Shipyard'' which launched the first ship in 1839 - including all its modern shipbuilding facilities. The first director of the Bremer Vulkan became the engineer Victor Nawatzki ( ...
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MV Werften
MV Werften is a Hong Kong–Germany, German shipbuilding company that operates three facilities in eastern Germany to construct cruise ships for parent company Genting Hong Kong. In January 2022, MV Werften filed for bankruptcy, and an administrator was appointed by the court to oversee the bankruptcy proceedings. History The company was originated in Genting Hong Kong's purchase in April 2016 of three shipyards from Nordic Yards, located in Lloyd Werft Wismar, Wismar, Volkswerft, Stralsund, and Rostock-Warnemünde. The yards were initially combined with Lloyd Werft, previously purchased by Genting, to form the Lloyd Werft Group, but in July 2016 the three eastern ex-Nordic yards were organized into MV Werften, headquartered in Wismar and led by Jarmo Laakso. In August 2016, MV Werften's first newbuild vessels, two river cruise ships of the Rhine class named ''Crystal Bach'' and ''Crystal Mahler'', were laid down at the Wismar shipyard. In November, Genting Hong Kong publici ...
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Genting Hong Kong
Genting Hong Kong Limited ( zh, 雲頂香港有限公司) was a holding company that operated cruise and resort businesses. It was headquartered in (海洋中心), Tsim Sha Tsui, Hong Kong and listed on the Hong Kong Stock Exchange (). It was part of the Genting Group, whose chairman Lim Kok Thay was also the chairman and majority shareholder of Genting Hong Kong with 69% ownership of April 2020. It also owned the cruise lines Crystal Cruises, Dream Cruises and Star Cruises (collectively Genting Cruise Lines), Resorts World Manila, and the MV Werften and Lloyd Werft shipyards. On 19 January 2022, the company filed for bankruptcy in the Bermuda Islands. After reviewing it's financial conditions, the company filed for liquidation on 18 January 2022. The motion for liquidation was approved by Bermuda's Supreme Court on 7 October 2022. History Genting Hong Kong was originally a subsidiary of Genting Group with a 17.8% stake owned by Genting Berhad. In 10 November 1993, Genting est ...
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Shipyard
A shipyard, also called a dockyard or boatyard, is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance and basing activities than shipyards, which are sometimes associated more with initial construction. The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles. Countries with large shipbuilding industries include Australia, Brazil, China, Croatia, Denmark, Finland, France, Germany, India, Ireland, Italy, Japan, the Netherlands, Norway, the Philippines, Poland, Romania, Russia, Singapore, South Korea, Sweden, Taiwan, Turkey, the United Arab Emirates, Ukraine, the United Kingdom, the United States and Vietnam. The shipbuilding industry is more fragmented in Europe than in Asia where countries tend to have fewer, larger companies. Many naval vessels ar ...
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Treuhand
The ("Trust agency"), colloquially referred to as , was an agency established by the government of the German Democratic Republic to reprivatise/privatise East German enterprises, Volkseigene Betriebe (VEBs), prior to German reunification. Created by the Volkskammer on 17 June 1990, it oversaw the restructure and sale of about 8,500 state-owned companies with over four million employees. At that time, it was the world's largest industrial enterprise, controlling everything from steel works to the Babelsberg Studios. Responsibilities The Treuhand was responsible for more than just the 8,500 state-owned enterprises. It also took over around 2.4 million hectares of agricultural land and forests, the property of the former Stasi, large parts of the property of the former National People's Army, large-scale public housing property, and the property of the state pharmacy network. On the day of reunification, 3 October 1990, it took over the property of the political parties and the ...
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Manufacturing Companies Established In 1945
Manufacturing is the creation or Production (economics), production of goods with the help of equipment, Work (human activity), labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of Human behavior, human activity, from handicraft to High tech manufacturing, high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector of the economy, primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, Major appliance, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineerin ...
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Maersk
(), also known simply as Maersk (), is a Danish shipping company, active in ocean and inland freight transportation and associated services, such as supply chain management and port operation. Maersk was the largest container shipping line and vessel operator in the world from 1996 until 2022. The company is based in Copenhagen, Denmark, with subsidiaries and offices across 130 countries and around 83,000 employees worldwide in 2020. It is a publicly traded family business, as the company is controlled by the namesake Møller family through holding companies. In September 2016, Maersk Group announced that it was splitting into two separate divisions: Transport & Logistics, and Energy. The company's 2018 annual revenue was US$39 billion (2019). In the 2020 Forbes Global 2000, Møller-Maersk was ranked as the 622nd -largest public company in the world. History () was founded in Svendborg in April 1904 by captain Peter Mærsk Møller (1836–1927) and his son Arnold Peter ...
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Companies Based In Mecklenburg-Western Pomerania
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, 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 * business entities, whose aim is generating profit * financial entities and banks * programs or 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, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Shipbuilding Companies Of Germany
Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Shipbuilding and ship repairs, both commercial and military, are referred to as "naval engineering". The construction of boats is a similar activity called boat building. The dismantling of ships is called ship breaking. History Pre-history The earliest known depictions (including paintings and models) of shallow-water sailing boats is from the 6th to 5th millennium BC of the Ubaid period of Mesopotamia. They were made from bundled reeds coated in bitumen and had bipod masts. They sailed in shallow coastal waters of the Persian Gulf. 4th millennium BC Ancient Egypt Evidence from Ancient Egypt shows that the early Egyptians knew how to assemble planks of wood into a ship hull as early as 3100 BC. Egyptian potte ...
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Bremen
Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (german: Stadtgemeinde Bremen, ), is the capital of the German state Free Hanseatic City of Bremen (''Freie Hansestadt Bremen''), a two-city-state consisting of the cities of Bremen and Bremerhaven. With about 570,000 inhabitants, the Hanseatic city is the 11th largest city of Germany and the second largest city in Northern Germany after Hamburg. Bremen is the largest city on the River Weser, the longest river flowing entirely in Germany, lying some upstream from its mouth into the North Sea, and is surrounded by the state of Lower Saxony. A commercial and industrial city, Bremen is, together with Oldenburg and Bremerhaven, part of the Bremen/Oldenburg Metropolitan Region, with 2.5 million people. Bremen is contiguous with the Lower Saxon towns of Delmenhorst, Stuhr, Achim, Weyhe, Schwanewede and Lilienthal. There is an exclave of Bremen in Bremerhaven, the "Citybremian Overseas Port ...
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