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Wintershall
Wintershall Holding GmbH, based in Kassel, was Germany's largest crude oil and natural gas producer. It was a wholly owned subsidiary of BASF. The company was active in oil and gas exploration and production with operations in Europe, North Africa, South America as well as Russia and the Middle East region. Wintershall employed more than 2,000 people worldwide. In the 2018 financial year the company produced around 171 million barrels of oil equivalent (boe) of oil and gas. Revenues amounted to 4.09 billion euros. On 1 May 2019, Wintershall merged with DEA to form Wintershall Dea. BASF holds 67% of the shares in the joint venture. In 2021, Wintershall was ranked no. 25 out of 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle in the Arctic Environmental Responsibility Index (AERI). History The early years Wintershall was founded on 13 February 1894 by mining entrepreneur Carl Julius Winter, together with mining-industrialist Hei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wintershall Dea
Wintershall Dea GmbH is a German gas and oil producer. The joint venture was created in May 2019 by the merger between Wintershall Holding GmbH and DEA Deutsche Erdoel AG. BASF SE has a 67% stake in it, with the other 33% being held by LetterOne, whose main ultimate owner is the Russian business magnate Mikhail Fridman. it was planning listing on the Frankfurt Stock Exchange. the company had numerous gas assets in Russia and was a key actor in financing the Nord Stream 2 project, lending substantial sums to the Russian state-owned energy giant Gazprom. On the eve of Russia's invasion of Ukraine in February 2022, DEA advocated against punitive measures on Russia that focused on gas supply and pipelines. When Germany suspended Nord Stream 2 due to Russia's invasion, DEA argued that it should be compensated for its €730 million investment in the pipeline. Mikhail Fridman, Russian oligarch and prominent enabler of the Vladimir Putin regime in Russia, is a minority shareholder i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DEA AG
DEA Deutsche Erdoel AG was an international oil and gas company headquartered in Hamburg, Germany. It was a subsidiary of L1 Energy. In 2018, DEA owned stakes in oil and gas licenses in various countries and operated natural gas underground storage facilities in Germany. DEA is a derivation from ''Deutsche Erdöl-Aktiengesellschaft'', the original name of the company. On 1 May 2019, DEA merged with Wintershall to form Wintershall Dea. History The early years ''Deutsche Tiefbohr-Actiengesellschaft'' was founded in Berlin on 10 January 1899. In 1900 the headquarter was relocated to Nordhausen.James, H.; Müller, M.L.; Historische Gesellschaft der Deutschen Bank e.V.: "Georg Solmssen - ein deutscher Bankier: Briefe aus einem halben Jahrhundert 1900-1956" (Georg Solmssen - a german banker: letters from half of a century 1900-1956), C.H.Beck, 31 May 2012, references. The new company specialised in all types of mineral oil product and, among other things, raw lignite, briquettes fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heringen
Heringen (Werra) is a small town in Hersfeld-Rotenburg district in eastern Hesse, Germany lying right at the boundary with Thuringia. Geography Location The nearest major towns and cities are Bad Hersfeld (28 km to the west), Eisenach (30 km to the northeast) and Kassel (80 km to the north). The town lies on the river Werra, surrounded by outliers of the Thuringian Forest, the Seulingswald and the Anterior Rhön, all mountain or hill ranges. The lowest point in town is found on the Werra floodplain at 210 m above sea level. The highest point within town limits is the Lehnberg at 471 m above sea level. Neighbouring communities Clockwise from the north, these are Wildeck, Verwaltungsgemeinschaft Berka/Werra, Philippsthal (Werra) und Friedewald. Constituent communities Heringen's '' Stadtteile'', besides the main centre, also called Heringen, are Bengendorf, Herfa, Kleinensee, Leimbach, Lengers, Widdershausen and Wölfershausen. History In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BASF
BASF Societas Europaea, SE () is a German multinational corporation, multinational chemical company and the List of largest chemical producers, largest chemical producer in the world. Its headquarters is located in Ludwigshafen, Germany. The BASF Group comprises subsidiary, subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas and Africa. BASF has customers in over 190 countries and supplies products to a wide variety of industries. Despite its size and global presence, BASF has received relatively little public attention since it abandoned the manufacture and sale of BASF-branded consumer electronics products in the 1990s. At the end of 2019, the company employed 117,628 people, with over 54,000 in Germany. , BASF posted sales of €59.3 billion and income from operations before special items of about €4.5 billion. Between 1990 and 2005, the co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kassel
Kassel (; in Germany, spelled Cassel until 1926) is a city on the Fulda River in northern Hesse, Germany. It is the administrative seat of the Regierungsbezirk Kassel and the district of the same name and had 201,048 inhabitants in December 2020. The former capital of the state of Hesse-Kassel has many palaces and parks, including the Bergpark Wilhelmshöhe, which is a UNESCO World Heritage Site. Kassel is also known for the '' documenta'' exhibitions of contemporary art. Kassel has a public university with 25,000 students (2018) and a multicultural population (39% of the citizens in 2017 had a migration background). History Kassel was first mentioned in 913 AD, as the place where two deeds were signed by King Conrad I. The place was called ''Chasella'' or ''Chassalla'' and was a fortification at a bridge crossing the Fulda river. There are several yet unproven assumptions of the name's origin. It could be derived from the ancient ''Castellum Cattorum'', a castle of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Werra
The Werra (), a river in central Germany, is the right-bank headwater of the Weser. "Weser" is a synonym in an old dialect of German. The Werra has its source near Eisfeld in southern Thuringia. After the Werra joins the river Fulda in the town of Hann. Münden, forming the Weser. If the Werra is included as part of the Weser, the Weser is the longest river entirely within German territory at . Its valley, the , has many tributaries and is a relative lull between the Rhön Mountains and the Thuringian Forest. Its attractions include Eiben Forest near Dermbach, an unusual sandstone cave at Walldorf, the deepest lake in Germany formed by subsidence (near Bernshausen), and Krayenburg, the ruins of a castle. Its towns and main settlements are Hildburghausen, Meiningen, Bad Salzungen, Tiefenort, Merkers-Kieselbach, Heringen, Philippsthal, Gerstungen, Wanfried, Eschwege, Bad Sooden-Allendorf, Witzenhausen and Hannoversch Münden. Gallery File:Werra Treffurt.JPG, The Werra ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hesse
Hesse (, , ) or Hessia (, ; german: Hessen ), officially the State of Hessen (german: links=no, Land Hessen), is a States of Germany, state in Germany. Its capital city is Wiesbaden, and the largest urban area is Frankfurt. Two other major historic cities are Darmstadt and Kassel. With an area of 21,114.73 square kilometers and a population of just over six million, it ranks seventh and fifth, respectively, among the sixteen German states. Frankfurt Rhine-Main, Germany's second-largest metropolitan area (after Rhine-Ruhr), is mainly located in Hesse. As a cultural region, Hesse also includes the area known as Rhenish Hesse (Rheinhessen) in the neighbouring state of Rhineland-Palatinate. Name The German name '':wikt:Hessen#German, Hessen'', like the names of other German regions (''Schwaben'' "Swabia", ''Franken'' "Franconia", ''Bayern'' "Bavaria", ''Sachsen'' "Saxony"), derives from the dative plural form of the name of the inhabitants or German tribes, eponymous tribe, the Hes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thuringia
Thuringia (; german: Thüringen ), officially the Free State of Thuringia ( ), is a state of central Germany, covering , the sixth smallest of the sixteen German states. It has a population of about 2.1 million. Erfurt is the capital and largest city. Other cities are Jena, Gera and Weimar. Thuringia is bordered by Bavaria, Hesse, Lower Saxony, Saxony-Anhalt, and Saxony. It has been known as "the green heart of Germany" () from the late 19th century due to its broad, dense forest. Most of Thuringia is in the Saale drainage basin, a left-bank tributary of the Elbe. Thuringia is home to the Rennsteig, Germany's best-known hiking trail. Its winter resort of Oberhof makes it a well-equipped winter sports destination – half of Germany's 136 Winter Olympic gold medals had been won by Thuringian athletes as of 2014. Thuringia was favoured by or was the birthplace of three key intellectuals and leaders in the arts: Johann Sebastian Bach, Johann Wolfgang von Goethe, and Fried ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Völkenrode
Völkenrode is a quarter (''Stadtteil'') of Braunschweig, Lower Saxony, Germany. Formerly a municipality in its own right and part of the district of Braunschweig, it was incorporated into the city of Braunschweig in 1974. Today, it is part of the '' Stadtbezirk'' Lehndorf-Watenbüttel. During the Second World War, it was home to the '' Luftfahrtforschungsanstalt'' (Aeronautical Research Institute, ''LFA''), a secret facility for airframe, aeroengine, and aircraft weapons testing. Völkenrode, and the ''LFA'', were visited postwar by the British Ministry of Aircraft Production survey team, headed by Sir Roy Fedden.Christopher, pp.9-10. Today, the Physikalisch-Technische Bundesanstalt and the former Federal Agricultural Research Centre The Federal Agricultural Research Center (FAL) (german: Bundesforschungsanstalt für Landwirtschaft), headquartered in Braunschweig, was a federal authority of the Federal Ministry of Food, Agriculture and Consumer Protection. On January 1, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nazi Germany
Nazi Germany (lit. "National Socialist State"), ' (lit. "Nazi State") for short; also ' (lit. "National Socialist Germany") (officially known as the German Reich from 1933 until 1943, and the Greater German Reich from 1943 to 1945) was the German state between 1933 and 1945, when Adolf Hitler and the Nazi Party controlled the country, transforming it into a dictatorship. Under Hitler's rule, Germany quickly became a totalitarian state where nearly all aspects of life were controlled by the government. The Third Reich, meaning "Third Realm" or "Third Empire", alluded to the Nazi claim that Nazi Germany was the successor to the earlier Holy Roman Empire (800–1806) and German Empire (1871–1918). The Third Reich, which Hitler and the Nazis referred to as the Thousand-Year Reich, ended in May 1945 after just 12 years when the Allies defeated Germany, ending World War II in Europe. On 30 January 1933, Hitler was appointed chancellor of Germany, the head of gove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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