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Wilhelm Schimmel
Schimmel is a German piano maker with factories in Braunschweig, Germany and Kalisz, Poland. Their product line has been described as "the most highly awarded German piano". The company was founded 1885 by Wilhelm Schimmel in Leipzig, Germany. Four generations of the Schimmel family have since managed and grown the family-owned business. Schimmel Pianos is known for producing "made in Germany" instruments of high quality. Since 2016 Schimmel has been owned by the Pearl River Piano Group in China. All Fridolin Schimmel pianos are made in the Pearl River piano factory in China. (Fridolin Schimmel pianos were formerly made by the Young Chang Piano Company factory.) Over the history, the company has made an impact on the piano industry with new inventions and innovative designs. Schimmel instruments are produced in the Schimmel workshop in Braunschweig, Germany. With more than 40 awards, Schimmel Pianos are the most highly awarded Pianos from German production. History 1st Gener ...
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Braunschweig
Braunschweig () or Brunswick ( , from Low German ''Brunswiek'' , Braunschweig dialect: ''Bronswiek'') is a city in Lower Saxony, Germany, north of the Harz Mountains at the farthest navigable point of the river Oker, which connects it to the North Sea via the rivers Aller and Weser. In 2016, it had a population of 250,704. A powerful and influential centre of commerce in medieval Germany, Brunswick was a member of the Hanseatic League from the 13th until the 17th century. It was the capital city of three successive states: the Principality of Brunswick-Wolfenbüttel (1269–1432, 1754–1807, and 1813–1814), the Duchy of Brunswick (1814–1918), and the Free State of Brunswick (1918–1946). Today, Brunswick is the second-largest city in Lower Saxony and a major centre of scientific research and development. History Foundation and early history The date and circumstances of the town's foundation are unknown. Tradition maintains that Brunswick was created through ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, massa ...
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Schimmel Glasflügel
Schimmel is a German and Dutch surname. Notable people with the surname include: * Annemarie Schimmel (1922–2003), German Islam scholar * Corrie Schimmel (born 1939), Dutch swimmer * Hendrik Jan Schimmel (1823–1906), Dutch poet and novelist * Henry S. Schimmel (1884–1975), American politician and judge * Jason Schimmel (born 1978), American musician from the band Estradasphere * Michael Schimmel (1896–1981), honorary trustee of Pace University ** Michael Schimmel Center for the Arts, principal theatre of pace University, New York City, named after Michael Schimmel * Paul Schimmel (born 1940), American biophysical chemist * Paul Schimmel (curator) (born 1954), American curator of contemporary art * Robert Schimmel (1950–2010), American stand-up comedian * Samantha Schimmel (born 1995), American porn actress as Janice Griffith * Sean Schimmel, American swimming coach * Shoni Schimmel (born 1992), American basketball player * Sven Schimmel (born 1989), German football ...
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Red Dot Design Award
The Red Dot Design Award is a German international design prize awarded by Red Dot GmbH & Co. KG. There are prize categories for product design, brands and communication design, and design concept. Since 1955, designers and producers can apply for the prizes, with the winners being presented in an annual ceremony. Winning products are presented among others in the ''Red Dot Design Museum'' on the premises of the historical Zollverein Coal Mine Industrial Complex in Essen. The Red Dot Design Museum Essen, the first Red Dot Design Museum, was built in 1997. The second Red Dot Design Museum was built in Singapore in 2005. The Red Dot Design Award had more than 15,500 submissions from 70 countries in 2014, and in 2016 alone, 1,559 Red Dots were awarded, 102 of them in the "Best of the Best" category. It is considered one of the most prestigious awards in the design industry. Cost As of April 2020, the registration fee for consideration of a Red Dot award ranges from €99 (for ...
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Schimmel Classic C116 M
Schimmel is a German and Dutch surname. Notable people with the surname include: * Annemarie Schimmel (1922–2003), German Islam scholar * Corrie Schimmel (born 1939), Dutch swimmer * Hendrik Jan Schimmel (1823–1906), Dutch poet and novelist * Henry S. Schimmel (1884–1975), American politician and judge * Jason Schimmel (born 1978), American musician from the band Estradasphere * Michael Schimmel (1896–1981), honorary trustee of Pace University ** Michael Schimmel Center for the Arts, principal theatre of pace University, New York City, named after Michael Schimmel * Paul Schimmel (born 1940), American biophysical chemist * Paul Schimmel (curator) (born 1954), American curator of contemporary art * Robert Schimmel (1950–2010), American stand-up comedian * Samantha Schimmel (born 1995), American porn actress as Janice Griffith * Sean Schimmel, American swimming coach * Shoni Schimmel (born 1992), American basketball player * Sven Schimmel (born 1989), German football ...
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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 ...
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Guangzhou
Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road; it continues to serve as a major port and transportation hub as well as being one of China's three largest cities. For a long time, the only Chinese port accessible to most foreign traders, Guangzhou was captured by the British during the First Opium War. No longer enjoying a monopoly after the war, it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major transshipment port. Due to a high urban population and large volumes of port traffic, Guangzhou is classified as a Large-Port Megacity, the largest type of port-city in the world. Due to worldwide travel restrictions at the beginning ...
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Germany
Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between the Baltic and North seas to the north, and the Alps to the south; it covers an area of , with a population of almost 84 million within its 16 constituent states. Germany borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The nation's capital and most populous city is Berlin and its financial centre is Frankfurt; the largest urban area is the Ruhr. Various Germanic tribes have inhabited the northern parts of modern Germany since classical antiquity. A region named Germania was documented before AD 100. In 962, the Kingdom of Germany formed the bulk of the Holy Roman Empire. During the 16th ce ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or ...
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Insolvency
In accounting, insolvency is the state of being unable to pay the debts, by a person or company ( debtor), at maturity; those in a state of insolvency are said to be ''insolvent''. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company has enough assets to pay what is owed, but does not have the appropriate form of payment. For example, a person may own a large house and a valuable car, but not have enough liquid assets to pay a debt when it falls due. Cash-flow insolvency can usually be resolved by negotiation. For example, the bill collector may wait until the car is sold and the debtor agrees to pay a penalty. Balance-sheet insolvency is when a person or company does not have enough assets to pay all of their debts. The person or company might enter bankruptcy, but not necessarily. Once a loss is accepted by all parties, negotiation is often able to resolve the situation without bankruptcy. A compa ...
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Financial Crisis In 2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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