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BEL 20
The BEL 20
BEL 20
is the benchmark stock market index of Euronext
Euronext
Brussels. In general, the index consists of a minimum of 10 and a maximum of 20 companies traded at the Brussels Stock Exchange. Since 20 June 2011, the BEL20
BEL20
has contained 20 listings.Contents1 Rules 2 Constituents 3 Former companies in the BEL20 4 References 5 External linksRules[edit] The composition of the BEL 20
BEL 20
index is reviewed annually based on closing prices on the last Friday in February.[2] These changes are effective after the third Friday of March
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Futures Exchange
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts; that is, a contract to buy specific quantities of a commodity or financial instrument at a specified price with delivery set at a specified time in the future. These types of contracts fall into the category of derivatives. The opposite of the futures market is the spots market, where trades will occur immediately (2 business days) after a transaction agreement has been made, rather than at a predetermined time in the future. Futures instruments are priced according to the movement of the underlying asset (stock, physical commodity, index, etc.)
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Aperam
Aperam
Aperam
S.A. is a company, listed on the Amsterdam, Brussels, Paris, Madrid and Luxembourg
Luxembourg
stock exchanges and with facilities in Brazil, Belgium and France, which concentrates on the production of stainless and speciality steel. It was spun out of ArcelorMittal
ArcelorMittal
at the start of 2011; the facilities that became Aperam
Aperam
had about 27% by turnover of the stainless-steel market as of 2009.[1] The Brazilian facility uses charcoal from a series of eucalyptus forests owned and managed by the group[2] rather than coking coal to reduce the material; the European facilities use electric-arc furnaces fed with scrap
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Nyse Euronext
NYSE Euronext, Inc. was a Euro-American multinational financial services corporation that operated multiple securities exchanges, including the New York Stock Exchange, Euronext
Euronext
and NYSE Arca (formerly known as ArcaEx). NYSE merged with Archipelago Holdings on March 7, 2006, forming NYSE Group, Inc.[2] On April 4, 2007, NYSE Group, Inc. merged with Euronext
Euronext
N.V
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Elia System Operator
Elia is a Belgian transmission system operator for high-voltage electricity (30,000-380,000 volts), located in Brussels, Belgium. It operates in Belgium
Belgium
and Germany. The company transmits electricity from generators to distribution system operators, which then supply SMEs and homes. Elia also has contracts with major industrial users that directly connect to its high-voltage grid. Elia's main activities include managing grid infrastructure (maintaining and developing high-voltage installations), managing the electrical system (monitoring flows, maintaining the balance between electricity consumption and generation 24/7, importing and exporting to and from neighbouring countries) and facilitating the market (developing services and mechanisms with a view to developing the electricity market at national and European level)
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D'Ieteren
Coordinates: 50°49′19″N 4°21′37″E / 50.82194°N 4.36028°E / 50.82194; 4.36028 D'Ieteren
D'Ieteren
SA (Euronext: DIE) is a company, based in Belgium

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Real Estate Investment Trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and timberlands. Some REITs engage in financing real estate. The law providing for REITs was enacted by the U.S. Congress in 1960.[1] The law was intended to provide a real estate investment structure similar to the structure mutual funds provide for investment in stocks.[2] REITs are strong income vehicles because, to avoid incurring liability for U.S
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Dexia
Dexia
Dexia
S.A., also referred to as the Dexia
Dexia
Group, was a Franco-Belgian financial institution active in public finance, providing retail and commercial banking services to individuals and SMEs, asset management, and insurance; with headquarters in Saint-Josse-ten-Noode, Brussels. The company had about 35,200 members of staff and a core shareholders' equity of €19.2 billion, as of 31 December 2010, and provided governments and local public finance operators with banking and other financial services. Asset
Asset
Management and Services provided asset management, investor and insurance services, in particular to clients of the two other business lines.[2] In 2008, the bank received taxpayer bailouts for €6 billion, and it became the first big casualty of the 2011 European sovereign debt crisis
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Omega Pharma
Omega Pharma is a Belgian-based pharmaceutical subsidiary of Perrigo Company plc, an Irish/U.S.-based global pharmaceutical public company.[1][3] Perrigo acquired the company in 2014. The company was founded in 1987. It is located in the Industrial area 'de Prijkels' in Nazareth.Contents1 History 2 Arseus 3 Brands 4 References 5 External linksHistory[edit] The company was founded in 1987 by Marc Coucke and Yvan Vindevogel, both former pharmacy students at the Ghent University. They each had a 50% share in the company. Their first product was a shampoo in 5 liter bottles which they sold to pharmacists who then added a customised scent and colour to sell the product as a homemade brand. In 1989 they started selling Uvesol tanning lotions. In 1994 Yvan Vindevogel sold his shares to Marc Coucke. in 1998 was the company's initial public offering (IPO)
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Agfa-Gevaert
Agfa-Gevaert
Agfa-Gevaert
N.V. (Agfa) is a Belgian-German multinational corporation that develops, manufactures, and distributes analogue and digital imaging products and systems, as well as IT solutions. The company has three divisions. Agfa Graphics offers integrated prepress and industrial inkjet systems to the printing and graphics industries. Agfa HealthCare supplies hospitals and other care organisations with imaging products and systems, as well as information systems. Agfa Specialty Products supplies products to various industrial markets. It is part of the Agfa Materials organization. In addition to the Agfa Specialty Products activities, Agfa Materials also supplies film and related products to Agfa Graphics and Agfa HealthCare. Agfa film and cameras were once prominent consumer products. However, in 2004, the consumer imaging division was sold to a company founded via management buyout
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Barco (manufacturer)
Barco NV is a technology company that develops sight, sound, and sharing solutions for the professional market. Its focus is on three core markets: Enterprise, Healthcare and Entertainment. In 2016, the company realized sales of 1.102 billion euro. It employs 3,500 employees located in 90 countries. The company has 400 granted patents. Barco is headquartered in Kortrijk, Belgium, and has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America
North America
and Asia-Pacific. Shares of Barco are listed on Euronext
Euronext
Brussels
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Electrabel
Electrabel
Electrabel
GDF Suez
GDF Suez
S.A. is a Belgium-based energy corporation. It is a subsidiary of Engie.Contents1 History 2 Operations2.1 Power stations 2.2 Synatom 2.3 Controversy3 References 4 External linksHistory[edit] Electrabel
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
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
Electrabel
is now a subsidiary of GDF Suez. Operations[edit] Electrabel
Electrabel
is active in the Benelux
Benelux
market
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Almanij
Almanij, meaning Algemene Maatschappij voor Nijverheidskrediet was a Belgian holding active in financial services. It is since March 2005 part of the KBC Group.Contents1 Structure 2 History 3 See also 4 SourcesStructure[edit] The Almanij group consisted of four companies:Gevaert NV (investment company which owns 27,2% of Agfa-Gevaert) ( Almanij 100%) Almafin ( Almanij 100%) KBC Bank
KBC Bank
( Almanij 69,18%) Kredietbank Luxembourgeoise (KBL) ( Almanij 78,60%)History[edit] Almanij was incorporated in 1931 as an initiative of the Catholic Algemeene Bankvereeniging, a Belgian bank founded by the Leuvense Volksbank (Leuven) in Antwerp
Antwerp
in 1921. This was done in order to regroup its industrial holdings in Belgium
Belgium
and Hungary
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Sofina
Sofina, Société Financière de Transports et d'Entreprises Industrielles, is a Belgian holding company, headquartered in Brussels, which invests in several industrial sectors such as telecommunication (7%), portfolio companies, banks and insurance (6%), private equity (6%), services within the company (18%), consumer goods (31%), energy (6%), distribution (8%) and various other sectors (10%). Geographically, Sofina has investments located in Belgium, the Netherlands, the United Kingdom
United

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Proximus
Proximus
Proximus
(previously known as Belgacom
Belgacom
Mobile) is the largest of Belgium's three mobile telecommunications companies and is a part of Proximus Group
Proximus Group
(previously Belgacom
Belgacom
Group). It competes with Orange Belgium
Belgium
and Base.Contents1 History 2 Company 3 Technical information 4 Mobile virtual network operator 5 References 6 External linksHistory[edit] Proximus
Proximus
was founded in 1994 as a joint venture between Belgacom, 75%, and AirTouch, 25%, respectively. AirTouch
AirTouch
was later merged with Vodafone
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Stock Exchange
A stock exchange or securities exchange is an exchange (or bourse)[note 1] where stock brokers and traders can buy and sell securities, such as shares of stock and bonds and other financial instruments. Stock
Stock
exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends.[citation needed] Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock
Stock
exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions at a central location such as the floor of the exchange.[6] To be able to trade a security on a certain stock exchange, the security must be listed there
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