triplets
list | passage
stringlengths 6
20.1k
| __index_level_0__
int64 0
834
|
|---|---|---|
[
"Alphabet Inc.",
"country",
"United States of America"
] |
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.
| 0
|
[
"Alphabet Inc.",
"founded by",
"Larry Page"
] |
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.
| 2
|
[
"Alphabet Inc.",
"named after",
"alphabet"
] |
Corporate identity
Page explained the origin of the company's name:
We liked the name Alphabet because it means a collection of letters that represent language, one of humanity's most important innovations, and is the core of how we index with Google search! We also like that it means alpha‑bet (Alpha is investment return above benchmark), which we strive for!
In a 2018 talk, Schmidt disclosed that the original inspiration for the name came from the location of the then Google Hamburg office's street address: ABC-Straße.Alphabet has chosen the domain abc.xyz with the .xyz top-level domain (TLD), which was introduced in 2014. It does not own the domain alphabet.com, which is owned by a fleet management division of BMW. Following the announcement, BMW said it would be "necessary to examine the legal trademark implications" of the proposals. Additionally, it does not own the domain abc.com, which is the domain of the Disney-owned American Broadcasting Company.The website features an Easter egg in the paragraph where Larry Page writes, "Sergey and I are seriously in the business of starting new things. Alphabet will also include our X lab, which incubates new efforts like Wing, our drone delivery effort. We are also stoked about growing our investment arms, Ventures and Capital, as part of this new structure." The period after "drone delivery effort" is a hyperlink to "hooli.xyz", a reference to the television series Silicon Valley.
| 4
|
[
"Alphabet Inc.",
"founded by",
"Sergey Brin"
] |
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.History
On August 10, 2015, Google Inc. announced plans to create a new public holding company, Alphabet Inc. Google CEO Larry Page made this announcement in a blog post on Google's official blog. Alphabet would be created to restructure Google by moving subsidiaries from Google to Alphabet, narrowing Google's scope. The company would consist of Google as well as other businesses including X Development, Calico, Nest, Verily, Fiber, Makani, CapitalG, and GV. Sundar Pichai, Product Chief, became the new CEO of Google, replacing Larry Page, who transitioned to the role of running Alphabet, along with Google co-founder Sergey Brin.In his announcement, Page stated that the planned holding company would allow for "more management scale, as we can run things independently that aren't very related" to Google. He clarified that, as a result of the new holding company, Google would be "a bit slimmed down, with the companies that are pretty far afield of our main internet products contained in Alphabet instead". He further stated that the motivation behind the reorganization is to make Google "cleaner and more accountable and better" and that that he wanted to improve "the transparency and oversight of what we're doing".Former executive Eric Schmidt (now Technical Advisor) revealed in the conference in 2017 the inspiration for this structure came from Warren Buffett and his management structure of Berkshire Hathaway a decade ago. Schmidt said it was he who encouraged Page and Brin to meet with Buffett in Omaha to see how Berkshire Hathaway was a holding company made of subsidiaries with strong CEOs who were trusted to run their businesses.Before it became a subsidiary of Alphabet, Google Inc. was first structured as the owner of Alphabet. The roles were reversed after a placeholder subsidiary was created for the ownership of Alphabet, at which point the newly formed subsidiary was merged with Google. Google's stock was then converted to Alphabet's stock. Under the Delaware General Corporation Law (where Alphabet is incorporated), a holding company reorganization such as this can be done without a vote of shareholders, as this reorganization was. The restructuring process was completed on October 2, 2015. Alphabet retains Google Inc.'s stock price history and continues to trade under Google Inc.'s former ticker symbols "GOOG" and "GOOGL"; both classes of stock are components of major stock market indices such as the S&P 500 and NASDAQ-100.On December 3, 2019, Page and Brin jointly announced that they would step down from their respective roles, remaining as employees and still the majority vote on the board of directors. Sundar Pichai, the CEO of Google, assumed the CEO role at Alphabet while retaining the same at Google.The firm completed a stock split in mid-2022.On January 20, 2023, Pichai wrote a letter to all employees announcing that the company would be laying off about 12,000 jobs, or 6% of its global workforce. In the letter, Pichai wrote, "Over the past two years we’ve seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today."
| 8
|
[
"Alphabet Inc.",
"industry",
"information technology"
] |
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.
| 10
|
[
"Alphabet Inc.",
"has subsidiary",
"X"
] |
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.
| 14
|
[
"Alphabet Inc.",
"headquarters location",
"Mountain View"
] |
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.
| 18
|
[
"Alphabet Inc.",
"instance of",
"holding company"
] |
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.
| 23
|
[
"Alphabet Inc.",
"instance of",
"business"
] |
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It is one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.
| 30
|
[
"Aviapartner",
"location of formation",
"Antwerp"
] |
History
In 1949, Belgavia was founded in Antwerp, Belgium. In the coming years, they expanded their services to the airports of Ostend (1957), Liège (1965) and Brussels (1970). It took until the 90's for the company to go international. Bases in France and later in Germany were opened. In 1999, the name was changed to Aviapartner. The group expanded by taking over Servisair in Rotterdam (2002), Aero Groundservices in Amsterdam (2007) and SAT in Bordeaux and La Rochelle (2010).
In 2011, Aviapartner lost its handling licence in Brussels for seven years to Swissport. This could lead to the loss of thousands of jobs and led to a major 24-hour strike in June 2011 that affected many flights and passengers.
Aviapartner went to court as they believed juridical mistakes had been made. The judge ruled that a new investigation was to be conducted and that, in the meantime, Aviapartner could continue operations at the airport. Before a new investigation was concluded, Swissport took over Flightcare, the other ground handling company at the airport. Note that only two handling licences are issued at the airport.
In 2012, Aviapartner announced a merge with the French Worldwide Flight Services (WFS), making them the biggest ground handler in Europe. This merge failed.
| 2
|
[
"Aviapartner",
"industry",
"aviation"
] |
Aviapartner, whose origins date back to 1949 under the name of Herfurth Air Services to become 'Belgavia' in the late 1960s, is a Belgian company that provides ground handling services at 37 airports in Belgium, France, Germany, Italy, Spain and The Netherlands. Among the airports served are Amsterdam, Brussels, Milan, Düsseldorf, Rome, Nice, Toulouse and Málaga .
| 4
|
[
"Aviapartner",
"instance of",
"business"
] |
Aviapartner, whose origins date back to 1949 under the name of Herfurth Air Services to become 'Belgavia' in the late 1960s, is a Belgian company that provides ground handling services at 37 airports in Belgium, France, Germany, Italy, Spain and The Netherlands. Among the airports served are Amsterdam, Brussels, Milan, Düsseldorf, Rome, Nice, Toulouse and Málaga .
| 5
|
[
"Aviapartner",
"instance of",
"enterprise"
] |
Aviapartner, whose origins date back to 1949 under the name of Herfurth Air Services to become 'Belgavia' in the late 1960s, is a Belgian company that provides ground handling services at 37 airports in Belgium, France, Germany, Italy, Spain and The Netherlands. Among the airports served are Amsterdam, Brussels, Milan, Düsseldorf, Rome, Nice, Toulouse and Málaga .
| 6
|
[
"Studio Festi",
"has subsidiary",
"São Paulo"
] |
Studio Festi is an Italian artistic project and production centre bringing into being shows and grand installations.
Founded in 1982, by Valerio Festi and Monica Maimone, Studio Festi operates from its main offices in Velate (Varese, Italy), its workshop in Venegono Superiore (Varese) and, in 2010, it set up a branch in São Paulo, Brazil.
Studio Festi's artistic activity covers three main areas:
| 0
|
[
"Studio Festi",
"headquarters location",
"Varese"
] |
Studio Festi is an Italian artistic project and production centre bringing into being shows and grand installations.
Founded in 1982, by Valerio Festi and Monica Maimone, Studio Festi operates from its main offices in Velate (Varese, Italy), its workshop in Venegono Superiore (Varese) and, in 2010, it set up a branch in São Paulo, Brazil.
Studio Festi's artistic activity covers three main areas:
| 2
|
[
"Studio Festi",
"industry",
"performing arts"
] |
Studio Festi is an Italian artistic project and production centre bringing into being shows and grand installations.
Founded in 1982, by Valerio Festi and Monica Maimone, Studio Festi operates from its main offices in Velate (Varese, Italy), its workshop in Venegono Superiore (Varese) and, in 2010, it set up a branch in São Paulo, Brazil.
Studio Festi's artistic activity covers three main areas:outdoor shows
installations of lights, also called architectures of light due to their unique features
concerts for fireworks with live orchestraThe poetry characterising Studio Festi's work is linked to a reinterpretation of traditional city festivals through the invention of stage machines that take inspiration from the Italian Baroque and through the representation of ancient rituals like that of the Italian "parata" (parade).Studio Festi has organized large-scale celebrative events in many Italian cities as well as internationally.
| 3
|
[
"Studio Festi",
"founded by",
"Valerio Festi"
] |
Studio Festi is an Italian artistic project and production centre bringing into being shows and grand installations.
Founded in 1982, by Valerio Festi and Monica Maimone, Studio Festi operates from its main offices in Velate (Varese, Italy), its workshop in Venegono Superiore (Varese) and, in 2010, it set up a branch in São Paulo, Brazil.
Studio Festi's artistic activity covers three main areas:outdoor shows
installations of lights, also called architectures of light due to their unique features
concerts for fireworks with live orchestraThe poetry characterising Studio Festi's work is linked to a reinterpretation of traditional city festivals through the invention of stage machines that take inspiration from the Italian Baroque and through the representation of ancient rituals like that of the Italian "parata" (parade).Studio Festi has organized large-scale celebrative events in many Italian cities as well as internationally.
| 4
|
[
"Infobip",
"instance of",
"business"
] |
Infobip is a Croatian IT and telecommunications company. Services include omnichannel communications, contact center, chatbot, customer engagement, and customer data platforms as well as identity and security. Infobip reaches over seven billion mobile devices and ‘things’ in more than 190 countries connected directly to over 700 telecoms networks. Infobip serves both mobile network operators and enterprises, notably banks, social networks and corporations, as well as non-profit organizations and public institutions.Infobip was founded in Croatia in 2006. Each year Infobip's platform sends more than 350 billion transactions.
According to Croatian Chamber of Economy, Infobip is one of the world's largest providers of A2P SMS services.
| 15
|
[
"Infobip",
"industry",
"telecommunications"
] |
Infobip is a Croatian IT and telecommunications company. Services include omnichannel communications, contact center, chatbot, customer engagement, and customer data platforms as well as identity and security. Infobip reaches over seven billion mobile devices and ‘things’ in more than 190 countries connected directly to over 700 telecoms networks. Infobip serves both mobile network operators and enterprises, notably banks, social networks and corporations, as well as non-profit organizations and public institutions.Infobip was founded in Croatia in 2006. Each year Infobip's platform sends more than 350 billion transactions.
According to Croatian Chamber of Economy, Infobip is one of the world's largest providers of A2P SMS services.
| 20
|
[
"Volkswagen Group",
"country",
"Germany"
] |
History
1937 to 1945
Volkswagen (meaning 'People's car' in German) was founded in Berlin as the Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH ('Limited Liability Company for the preparation of the German People's Car', abbreviated to Gezuvor) by the National Socialist Deutsche Arbeitsfront (German Labour Front) and incorporated on 28 May 1937. The purpose of the company was to manufacture the Volkswagen car, originally referred to as the Porsche Type 60, then the Volkswagen Type 1, and commonly called the Volkswagen Beetle. This vehicle was designed by Ferdinand Porsche's consulting firm, and the company was backed by the support of Adolf Hitler. On 16 September 1938, Gezuvor was renamed Volkswagenwerk GmbH ('Volkswagen Factory GmbH').Shortly after the factory near Fallersleben was completed, World War II started, and the plant primarily manufactured the military Kübelwagen (Porsche Type 82) and the related amphibious Schwimmwagen (Type 166), both of which were derived from the Volkswagen. Only a small number of Type 60 Volkswagens were made during this time. The Fallersleben plant also manufactured the V-1 flying bomb, making the plant a major bombing target for the Allied forces.
| 0
|
[
"Volkswagen Group",
"different from",
"Volkswagen"
] |
Volkswagen AG (German: [ˈfɔlksˌvaːgŋ̍] (listen)), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as offering related services, including financing, leasing, and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018, and 2019, selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies.The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Jetta, Lamborghini, Porsche, SEAT, Škoda and Volkswagen brands, motorcycles under the Ducati name, light commercial vehicles under the Volkswagen Commercial Vehicles brand, and heavy commercial vehicles via the marques of listed subsidiary Traton (Navistar, MAN, Scania and Volkswagen Truck & Bus). It is divided into two primary divisions: the Automotive Division and the Financial Services Division. As of 2008, it had about 342 subsidiary companies. Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries.
Volkswagen was founded in Berlin in 1937 and incorporated in Wolfsburg to manufacture the car that would become known as the Beetle. The company's production grew rapidly in the 1950s and 1960s. In 1965, it acquired Auto Union, which subsequently produced the first postwar Audi models. Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s, including the Passat, Polo and Golf; the last became its bestseller. Volkswagen acquired a controlling stake in SEAT in 1986, making it the first non-German marque of the company, and acquired control of Škoda in 1994, of Bentley, Lamborghini, and Bugatti in 1998, Scania in 2008 and of Ducati, MAN, and Porsche in 2012. The company's operations in China have grown rapidly in the past decade, with the country becoming its largest market.
Volkswagen Aktiengesellschaft is a public company and has a primary listing on the Frankfurt Stock Exchange, where it is a constituent of the Euro Stoxx 50 stock market index, and a secondary listings on the Luxembourg Stock Exchange and SIX Swiss Exchange. It has been traded in the United States via American depositary receipts since 1988, currently on the OTC Marketplace. Volkswagen delisted from the London Stock Exchange in 2013. The government of Lower Saxony holds 12.7% of the company's shares, granting it, by law, 20% of the voting rights.
| 3
|
[
"Volkswagen Group",
"location of formation",
"Berlin"
] |
History
1937 to 1945
Volkswagen (meaning 'People's car' in German) was founded in Berlin as the Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH ('Limited Liability Company for the preparation of the German People's Car', abbreviated to Gezuvor) by the National Socialist Deutsche Arbeitsfront (German Labour Front) and incorporated on 28 May 1937. The purpose of the company was to manufacture the Volkswagen car, originally referred to as the Porsche Type 60, then the Volkswagen Type 1, and commonly called the Volkswagen Beetle. This vehicle was designed by Ferdinand Porsche's consulting firm, and the company was backed by the support of Adolf Hitler. On 16 September 1938, Gezuvor was renamed Volkswagenwerk GmbH ('Volkswagen Factory GmbH').Shortly after the factory near Fallersleben was completed, World War II started, and the plant primarily manufactured the military Kübelwagen (Porsche Type 82) and the related amphibious Schwimmwagen (Type 166), both of which were derived from the Volkswagen. Only a small number of Type 60 Volkswagens were made during this time. The Fallersleben plant also manufactured the V-1 flying bomb, making the plant a major bombing target for the Allied forces.
| 4
|
[
"Volkswagen Group",
"has subsidiary",
"Audi"
] |
Operations
Rooted in Europe, the Volkswagen Group operates in 153 countries. Volkswagen Passenger Cars is the Group's original marque, and the other major subsidiaries include passenger car marques such as Audi, Bentley, Lamborghini, Porsche, SEAT, and Škoda. Volkswagen AG also has operations in commercial vehicles, owning Volkswagen Commercial Vehicles, along with controlling stakes in truck, bus and diesel engine manufacturers Scania AB and MAN SE.
| 7
|
[
"Volkswagen Group",
"has subsidiary",
"Bentley"
] |
Operations
Rooted in Europe, the Volkswagen Group operates in 153 countries. Volkswagen Passenger Cars is the Group's original marque, and the other major subsidiaries include passenger car marques such as Audi, Bentley, Lamborghini, Porsche, SEAT, and Škoda. Volkswagen AG also has operations in commercial vehicles, owning Volkswagen Commercial Vehicles, along with controlling stakes in truck, bus and diesel engine manufacturers Scania AB and MAN SE.Subsidiaries and brands
The Volkswagen Group comprises the following vehicle manufacturers and their corresponding brands:
Audi AG: 100% ownership — The current company was formed through the acquisitions of Auto Union from Daimler-Benz on 30 December 1964, and NSU Motorenwerke on 9 March 1969 - Audi being the sole surviving marque from the Auto Union combine.
Audi Sport GmbH — Audi's performance engineering and manufacturing subsidiary.
Automobili Lamborghini S.p.A.: 100% ownership — acquired by AUDI AG in September 1998.Ducati Motor Holding S.p.A.: 100% ownership — bought on 19 July 2012.
Bentley Motors Ltd: 100% ownership. Volkswagen purchased Rolls-Royce Motors and Bentley from Vickers on 28 July 1998, however the purchase did not include the license to use the Rolls-Royce trademark on automobiles, which is controlled by Rolls-Royce Holdings plc. BMW outmaneuvered Volkswagen, succeeding in obtaining the rights to use the Rolls-Royce trademark on automobiles. From July 1998 until December 2002, BMW continued to supply engines for the Rolls-Royce Silver Seraph and the Bentley division sold cars under both the Bentley and Rolls-Royce marques, under an agreement with BMW. In January 2022, Bentley became part of the Audi Group.
Dr. Ing. h.c. F. Porsche AG: 75% ownership — Volkswagen AG purchased 49.9% of the shares in Porsche Zwischenholding GmbH (the holding company of Porsche AG) in December 2009. Volkswagen AG purchased the remaining stake in Porsche AG equaling 100% of the shares in Porsche Zwischenholding GmbH, effectively becoming its parent company as of 1 August 2012. 25% of shares sold in an IPO of Porsche AG in 2022.
Jetta: Joint venture with First Automotive Works created in 2019.
Scout Motors Inc.: 100% ownership — founded in 2022.
SEAT, S.A.: 100% ownership — initially in 1982 a co-operation agreement with AUDI AG; 51% and 75% ownership in 1986, and full ownership in 1990. SEAT was the first non-German subsidiary of the Volkswagen Group.Cupra: 100% ownership by SEAT. In 2018, SEAT's motorsport division SEAT Sport was renamed Cupra Racing and at the same time, Cupra was launched as an independent brand alongside SEAT.
Škoda Auto a.s.: 100% ownership — initially in 1991 a co-operation agreement and 30% ownership; 60.3% and 70% ownership in 1994 and 1995 respectively, 100% ownership since 2000
TRATON SE: 89.7% ownership — Formerly Volkswagen Truck and Bus, TRATON is the holding company for Volkswagen Group's heavy commercial vehicle operations.MAN Truck & Bus SE: 100% ownership — Transferred to TRATON SE after it merged with MAN SE in August 2021.
Navistar International Corporation: 100% ownership — produces heavy trucks under the International brand. Wholly owned by TRATON SE since July 2021. Volkswagen Truck and Bus (now TRATON) took an initial 16.6% stake in Navistar in February 2017.
Scania AB: 100% ownership — wholly owned by TRATON SE since 15 January 2015. Volkswagen acquired a controlling stake in July 2008, making Scania the 9th marque of the Volkswagen Group.
Volkswagen Truck & Bus: 100% ownership — Volkswagen's Brazilian heavy truck and bus division. Sold by Volkswagen Group to MAN SE in December 2008 and from that point was also known as MAN Latin America. In November 2011, Volkswagen acquired a majority of the shares in MAN SE, bringing Volkswagen Truck & Bus back into the group. Transferred to TRATON SE after it merged with MAN SE in August 2021.
Volkswagen Commercial Vehicles (German: Volkswagen Nutzfahrzeuge): 100% ownership — Volkswagen's light commercial vehicle division started operations as an independent entity in 1995.
Volkswagen Passenger Cars: 100% ownership — the founding and flagship marque of the company.Other subsidiaries and shareholdings:
| 10
|
[
"Volkswagen Group",
"product or material produced",
"motor car"
] |
History
1937 to 1945
Volkswagen (meaning 'People's car' in German) was founded in Berlin as the Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH ('Limited Liability Company for the preparation of the German People's Car', abbreviated to Gezuvor) by the National Socialist Deutsche Arbeitsfront (German Labour Front) and incorporated on 28 May 1937. The purpose of the company was to manufacture the Volkswagen car, originally referred to as the Porsche Type 60, then the Volkswagen Type 1, and commonly called the Volkswagen Beetle. This vehicle was designed by Ferdinand Porsche's consulting firm, and the company was backed by the support of Adolf Hitler. On 16 September 1938, Gezuvor was renamed Volkswagenwerk GmbH ('Volkswagen Factory GmbH').Shortly after the factory near Fallersleben was completed, World War II started, and the plant primarily manufactured the military Kübelwagen (Porsche Type 82) and the related amphibious Schwimmwagen (Type 166), both of which were derived from the Volkswagen. Only a small number of Type 60 Volkswagens were made during this time. The Fallersleben plant also manufactured the V-1 flying bomb, making the plant a major bombing target for the Allied forces.Operations
Rooted in Europe, the Volkswagen Group operates in 153 countries. Volkswagen Passenger Cars is the Group's original marque, and the other major subsidiaries include passenger car marques such as Audi, Bentley, Lamborghini, Porsche, SEAT, and Škoda. Volkswagen AG also has operations in commercial vehicles, owning Volkswagen Commercial Vehicles, along with controlling stakes in truck, bus and diesel engine manufacturers Scania AB and MAN SE.
| 12
|
[
"Volkswagen Group",
"has subsidiary",
"SEAT"
] |
Operations
Rooted in Europe, the Volkswagen Group operates in 153 countries. Volkswagen Passenger Cars is the Group's original marque, and the other major subsidiaries include passenger car marques such as Audi, Bentley, Lamborghini, Porsche, SEAT, and Škoda. Volkswagen AG also has operations in commercial vehicles, owning Volkswagen Commercial Vehicles, along with controlling stakes in truck, bus and diesel engine manufacturers Scania AB and MAN SE.Subsidiaries and brands
The Volkswagen Group comprises the following vehicle manufacturers and their corresponding brands:
Audi AG: 100% ownership — The current company was formed through the acquisitions of Auto Union from Daimler-Benz on 30 December 1964, and NSU Motorenwerke on 9 March 1969 - Audi being the sole surviving marque from the Auto Union combine.
Audi Sport GmbH — Audi's performance engineering and manufacturing subsidiary.
Automobili Lamborghini S.p.A.: 100% ownership — acquired by AUDI AG in September 1998.Ducati Motor Holding S.p.A.: 100% ownership — bought on 19 July 2012.
Bentley Motors Ltd: 100% ownership. Volkswagen purchased Rolls-Royce Motors and Bentley from Vickers on 28 July 1998, however the purchase did not include the license to use the Rolls-Royce trademark on automobiles, which is controlled by Rolls-Royce Holdings plc. BMW outmaneuvered Volkswagen, succeeding in obtaining the rights to use the Rolls-Royce trademark on automobiles. From July 1998 until December 2002, BMW continued to supply engines for the Rolls-Royce Silver Seraph and the Bentley division sold cars under both the Bentley and Rolls-Royce marques, under an agreement with BMW. In January 2022, Bentley became part of the Audi Group.
Dr. Ing. h.c. F. Porsche AG: 75% ownership — Volkswagen AG purchased 49.9% of the shares in Porsche Zwischenholding GmbH (the holding company of Porsche AG) in December 2009. Volkswagen AG purchased the remaining stake in Porsche AG equaling 100% of the shares in Porsche Zwischenholding GmbH, effectively becoming its parent company as of 1 August 2012. 25% of shares sold in an IPO of Porsche AG in 2022.
Jetta: Joint venture with First Automotive Works created in 2019.
Scout Motors Inc.: 100% ownership — founded in 2022.
SEAT, S.A.: 100% ownership — initially in 1982 a co-operation agreement with AUDI AG; 51% and 75% ownership in 1986, and full ownership in 1990. SEAT was the first non-German subsidiary of the Volkswagen Group.Cupra: 100% ownership by SEAT. In 2018, SEAT's motorsport division SEAT Sport was renamed Cupra Racing and at the same time, Cupra was launched as an independent brand alongside SEAT.
Škoda Auto a.s.: 100% ownership — initially in 1991 a co-operation agreement and 30% ownership; 60.3% and 70% ownership in 1994 and 1995 respectively, 100% ownership since 2000
TRATON SE: 89.7% ownership — Formerly Volkswagen Truck and Bus, TRATON is the holding company for Volkswagen Group's heavy commercial vehicle operations.MAN Truck & Bus SE: 100% ownership — Transferred to TRATON SE after it merged with MAN SE in August 2021.
Navistar International Corporation: 100% ownership — produces heavy trucks under the International brand. Wholly owned by TRATON SE since July 2021. Volkswagen Truck and Bus (now TRATON) took an initial 16.6% stake in Navistar in February 2017.
Scania AB: 100% ownership — wholly owned by TRATON SE since 15 January 2015. Volkswagen acquired a controlling stake in July 2008, making Scania the 9th marque of the Volkswagen Group.
Volkswagen Truck & Bus: 100% ownership — Volkswagen's Brazilian heavy truck and bus division. Sold by Volkswagen Group to MAN SE in December 2008 and from that point was also known as MAN Latin America. In November 2011, Volkswagen acquired a majority of the shares in MAN SE, bringing Volkswagen Truck & Bus back into the group. Transferred to TRATON SE after it merged with MAN SE in August 2021.
Volkswagen Commercial Vehicles (German: Volkswagen Nutzfahrzeuge): 100% ownership — Volkswagen's light commercial vehicle division started operations as an independent entity in 1995.
Volkswagen Passenger Cars: 100% ownership — the founding and flagship marque of the company.Other subsidiaries and shareholdings:
| 16
|
[
"Volkswagen Group",
"founded by",
"German Labour Front"
] |
History
1937 to 1945
Volkswagen (meaning 'People's car' in German) was founded in Berlin as the Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH ('Limited Liability Company for the preparation of the German People's Car', abbreviated to Gezuvor) by the National Socialist Deutsche Arbeitsfront (German Labour Front) and incorporated on 28 May 1937. The purpose of the company was to manufacture the Volkswagen car, originally referred to as the Porsche Type 60, then the Volkswagen Type 1, and commonly called the Volkswagen Beetle. This vehicle was designed by Ferdinand Porsche's consulting firm, and the company was backed by the support of Adolf Hitler. On 16 September 1938, Gezuvor was renamed Volkswagenwerk GmbH ('Volkswagen Factory GmbH').Shortly after the factory near Fallersleben was completed, World War II started, and the plant primarily manufactured the military Kübelwagen (Porsche Type 82) and the related amphibious Schwimmwagen (Type 166), both of which were derived from the Volkswagen. Only a small number of Type 60 Volkswagens were made during this time. The Fallersleben plant also manufactured the V-1 flying bomb, making the plant a major bombing target for the Allied forces.
| 17
|
[
"Volkswagen Group",
"instance of",
"automobile manufacturer"
] |
Volkswagen AG (German: [ˈfɔlksˌvaːgŋ̍] (listen)), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as offering related services, including financing, leasing, and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018, and 2019, selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies.The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Jetta, Lamborghini, Porsche, SEAT, Škoda and Volkswagen brands, motorcycles under the Ducati name, light commercial vehicles under the Volkswagen Commercial Vehicles brand, and heavy commercial vehicles via the marques of listed subsidiary Traton (Navistar, MAN, Scania and Volkswagen Truck & Bus). It is divided into two primary divisions: the Automotive Division and the Financial Services Division. As of 2008, it had about 342 subsidiary companies. Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries.
Volkswagen was founded in Berlin in 1937 and incorporated in Wolfsburg to manufacture the car that would become known as the Beetle. The company's production grew rapidly in the 1950s and 1960s. In 1965, it acquired Auto Union, which subsequently produced the first postwar Audi models. Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s, including the Passat, Polo and Golf; the last became its bestseller. Volkswagen acquired a controlling stake in SEAT in 1986, making it the first non-German marque of the company, and acquired control of Škoda in 1994, of Bentley, Lamborghini, and Bugatti in 1998, Scania in 2008 and of Ducati, MAN, and Porsche in 2012. The company's operations in China have grown rapidly in the past decade, with the country becoming its largest market.
Volkswagen Aktiengesellschaft is a public company and has a primary listing on the Frankfurt Stock Exchange, where it is a constituent of the Euro Stoxx 50 stock market index, and a secondary listings on the Luxembourg Stock Exchange and SIX Swiss Exchange. It has been traded in the United States via American depositary receipts since 1988, currently on the OTC Marketplace. Volkswagen delisted from the London Stock Exchange in 2013. The government of Lower Saxony holds 12.7% of the company's shares, granting it, by law, 20% of the voting rights.History
1937 to 1945
Volkswagen (meaning 'People's car' in German) was founded in Berlin as the Gesellschaft zur Vorbereitung des Deutschen Volkswagens mbH ('Limited Liability Company for the preparation of the German People's Car', abbreviated to Gezuvor) by the National Socialist Deutsche Arbeitsfront (German Labour Front) and incorporated on 28 May 1937. The purpose of the company was to manufacture the Volkswagen car, originally referred to as the Porsche Type 60, then the Volkswagen Type 1, and commonly called the Volkswagen Beetle. This vehicle was designed by Ferdinand Porsche's consulting firm, and the company was backed by the support of Adolf Hitler. On 16 September 1938, Gezuvor was renamed Volkswagenwerk GmbH ('Volkswagen Factory GmbH').Shortly after the factory near Fallersleben was completed, World War II started, and the plant primarily manufactured the military Kübelwagen (Porsche Type 82) and the related amphibious Schwimmwagen (Type 166), both of which were derived from the Volkswagen. Only a small number of Type 60 Volkswagens were made during this time. The Fallersleben plant also manufactured the V-1 flying bomb, making the plant a major bombing target for the Allied forces.
| 23
|
[
"Volkswagen Group",
"has subsidiary",
"Lamborghini"
] |
Operations
Rooted in Europe, the Volkswagen Group operates in 153 countries. Volkswagen Passenger Cars is the Group's original marque, and the other major subsidiaries include passenger car marques such as Audi, Bentley, Lamborghini, Porsche, SEAT, and Škoda. Volkswagen AG also has operations in commercial vehicles, owning Volkswagen Commercial Vehicles, along with controlling stakes in truck, bus and diesel engine manufacturers Scania AB and MAN SE.
| 24
|
[
"Volkswagen Group",
"has subsidiary",
"Porsche"
] |
Operations
Rooted in Europe, the Volkswagen Group operates in 153 countries. Volkswagen Passenger Cars is the Group's original marque, and the other major subsidiaries include passenger car marques such as Audi, Bentley, Lamborghini, Porsche, SEAT, and Škoda. Volkswagen AG also has operations in commercial vehicles, owning Volkswagen Commercial Vehicles, along with controlling stakes in truck, bus and diesel engine manufacturers Scania AB and MAN SE.
| 29
|
[
"Volkswagen Group",
"instance of",
"public company"
] |
Volkswagen AG (German: [ˈfɔlksˌvaːgŋ̍] (listen)), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as offering related services, including financing, leasing, and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018, and 2019, selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies.The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Jetta, Lamborghini, Porsche, SEAT, Škoda and Volkswagen brands, motorcycles under the Ducati name, light commercial vehicles under the Volkswagen Commercial Vehicles brand, and heavy commercial vehicles via the marques of listed subsidiary Traton (Navistar, MAN, Scania and Volkswagen Truck & Bus). It is divided into two primary divisions: the Automotive Division and the Financial Services Division. As of 2008, it had about 342 subsidiary companies. Volkswagen also has three joint ventures in China, FAW-Volkswagen, SAIC Volkswagen and Volkswagen Anhui. The company has operations in roughly 150 countries, and it has 100 production facilities across 27 countries.
Volkswagen was founded in Berlin in 1937 and incorporated in Wolfsburg to manufacture the car that would become known as the Beetle. The company's production grew rapidly in the 1950s and 1960s. In 1965, it acquired Auto Union, which subsequently produced the first postwar Audi models. Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s, including the Passat, Polo and Golf; the last became its bestseller. Volkswagen acquired a controlling stake in SEAT in 1986, making it the first non-German marque of the company, and acquired control of Škoda in 1994, of Bentley, Lamborghini, and Bugatti in 1998, Scania in 2008 and of Ducati, MAN, and Porsche in 2012. The company's operations in China have grown rapidly in the past decade, with the country becoming its largest market.
Volkswagen Aktiengesellschaft is a public company and has a primary listing on the Frankfurt Stock Exchange, where it is a constituent of the Euro Stoxx 50 stock market index, and a secondary listings on the Luxembourg Stock Exchange and SIX Swiss Exchange. It has been traded in the United States via American depositary receipts since 1988, currently on the OTC Marketplace. Volkswagen delisted from the London Stock Exchange in 2013. The government of Lower Saxony holds 12.7% of the company's shares, granting it, by law, 20% of the voting rights.
| 37
|
[
"Volkswagen Group",
"has subsidiary",
"Scania"
] |
Subsidiaries and brands
The Volkswagen Group comprises the following vehicle manufacturers and their corresponding brands:
Audi AG: 100% ownership — The current company was formed through the acquisitions of Auto Union from Daimler-Benz on 30 December 1964, and NSU Motorenwerke on 9 March 1969 - Audi being the sole surviving marque from the Auto Union combine.
Audi Sport GmbH — Audi's performance engineering and manufacturing subsidiary.
Automobili Lamborghini S.p.A.: 100% ownership — acquired by AUDI AG in September 1998.Ducati Motor Holding S.p.A.: 100% ownership — bought on 19 July 2012.
Bentley Motors Ltd: 100% ownership. Volkswagen purchased Rolls-Royce Motors and Bentley from Vickers on 28 July 1998, however the purchase did not include the license to use the Rolls-Royce trademark on automobiles, which is controlled by Rolls-Royce Holdings plc. BMW outmaneuvered Volkswagen, succeeding in obtaining the rights to use the Rolls-Royce trademark on automobiles. From July 1998 until December 2002, BMW continued to supply engines for the Rolls-Royce Silver Seraph and the Bentley division sold cars under both the Bentley and Rolls-Royce marques, under an agreement with BMW. In January 2022, Bentley became part of the Audi Group.
Dr. Ing. h.c. F. Porsche AG: 75% ownership — Volkswagen AG purchased 49.9% of the shares in Porsche Zwischenholding GmbH (the holding company of Porsche AG) in December 2009. Volkswagen AG purchased the remaining stake in Porsche AG equaling 100% of the shares in Porsche Zwischenholding GmbH, effectively becoming its parent company as of 1 August 2012. 25% of shares sold in an IPO of Porsche AG in 2022.
Jetta: Joint venture with First Automotive Works created in 2019.
Scout Motors Inc.: 100% ownership — founded in 2022.
SEAT, S.A.: 100% ownership — initially in 1982 a co-operation agreement with AUDI AG; 51% and 75% ownership in 1986, and full ownership in 1990. SEAT was the first non-German subsidiary of the Volkswagen Group.Cupra: 100% ownership by SEAT. In 2018, SEAT's motorsport division SEAT Sport was renamed Cupra Racing and at the same time, Cupra was launched as an independent brand alongside SEAT.
Škoda Auto a.s.: 100% ownership — initially in 1991 a co-operation agreement and 30% ownership; 60.3% and 70% ownership in 1994 and 1995 respectively, 100% ownership since 2000
TRATON SE: 89.7% ownership — Formerly Volkswagen Truck and Bus, TRATON is the holding company for Volkswagen Group's heavy commercial vehicle operations.MAN Truck & Bus SE: 100% ownership — Transferred to TRATON SE after it merged with MAN SE in August 2021.
Navistar International Corporation: 100% ownership — produces heavy trucks under the International brand. Wholly owned by TRATON SE since July 2021. Volkswagen Truck and Bus (now TRATON) took an initial 16.6% stake in Navistar in February 2017.
Scania AB: 100% ownership — wholly owned by TRATON SE since 15 January 2015. Volkswagen acquired a controlling stake in July 2008, making Scania the 9th marque of the Volkswagen Group.
Volkswagen Truck & Bus: 100% ownership — Volkswagen's Brazilian heavy truck and bus division. Sold by Volkswagen Group to MAN SE in December 2008 and from that point was also known as MAN Latin America. In November 2011, Volkswagen acquired a majority of the shares in MAN SE, bringing Volkswagen Truck & Bus back into the group. Transferred to TRATON SE after it merged with MAN SE in August 2021.
Volkswagen Commercial Vehicles (German: Volkswagen Nutzfahrzeuge): 100% ownership — Volkswagen's light commercial vehicle division started operations as an independent entity in 1995.
Volkswagen Passenger Cars: 100% ownership — the founding and flagship marque of the company.Other subsidiaries and shareholdings:
| 38
|
[
"Volkswagen Group",
"legal form",
"Aktiengesellschaft"
] |
Production of the Type 60 Volkswagen (re-designated Type 1) started slowly after the war due to the need to rebuild the plant and because of the lack of raw materials, but production grew rapidly in the 1950s and 1960s. The company began introducing new models based on the Type 1, all with the same basic air-cooled, rear-engine, rear-drive platform. These included the Volkswagen Type 2 in 1950, the Volkswagen Karmann Ghia in 1955, the Volkswagen Type 3 in 1961, the Volkswagen Type 4 in 1968, and the Volkswagen Type 181 in 1969.
In 1960, upon the flotation of part of the German federal government's stake in the company on the German stock market, its name became Volkswagenwerk Aktiengesellschaft (usually abbreviated to Volkswagenwerk AG).
On 1 January 1965, Volkswagenwerk acquired Auto Union GmbH from its parent company Daimler-Benz. The new subsidiary went on to produce the first post-war Audi models, the Audi F103 series, shortly afterwards.Another German manufacturer, NSU Motorenwerke AG, was merged into Auto Union on 26 August 1969, creating a new company, Audi NSU Auto Union AG (later renamed AUDI AG in 1985).
| 57
|
[
"Volkswagen Group",
"has subsidiary",
"MOIA"
] |
Bugatti Rimac: Joint venture between Porsche AG (45%) and Rimac Group (55%).
MOIA: 100% ownership — new mobility services company.
Italdesign Giugiaro S.p.A.: 100% ownership — 90.1% acquired via Lamborghini S.p.A. in May 2010. Remaining shares transferred in July 2015.
IAV: 50% ownership.
Diconium: 100% ownership — since January 2020.
PayByPhone: a pay by phone parking service that allows users to pay for parking remotely. The service processes more than US$740 million / €660 million Euros in payments and more than 5 million downloads a year.The Group also owns five defunct marques which are managed through the companies Auto Union GmbH and NSU GmbH, both of which are 100% owned by AUDI AG:
| 73
|
[
"Algebris",
"has subsidiary",
"Singapore"
] |
Algebris (UK) Limited is an asset management company which has historically specialized in the global financial sector. In October 2021 Algebris manages over $18bn in assets under management. Serra, founder and CEO, owns outright the firm.
Algebris (UK) Limited is authorised and regulated by the Financial Conduct Authority and operates in Italy through its Milan branch.
Algebris Investments (US) Inc is a SEC registered Investment Adviser. Algebris Investments (Asia) Pte. Ltd is a Licensed Fund Management Company with the MAS. Algebris Investments K.K.is licensed by Financial Services Agency. Algebris Investments S.à.r.l. is authorised and supervised by the CSSF.
It has offices in London, Milan, Rome, Luxembourg, Dublin, Boston, Singapore, and Tokyo.
| 3
|
[
"Algebris",
"founded by",
"Davide Serra"
] |
History
Algebris was founded in 2006 by Davide Serra (from Genoa), a former analyst with Morgan Stanley and Eric Halet.
The first fund, Algebris Global Financials Fund, was launched in October 2006. During the first year the fund grew from $700m to around $2bn managed
| 6
|
[
"Microsoft",
"product or material produced",
"Microsoft Windows"
] |
Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2022. It is considered as one of the Big Five American information technology companies, alongside Alphabet (parent company of Google), Amazon, Apple, and Meta (formerly Facebook).
Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. The company's 1986 initial public offering (IPO), and subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires among Microsoft employees. Since the 1990s, it has increasingly diversified from the operating system market and has made a number of corporate acquisitions, their largest being the acquisition of LinkedIn for $26.2 billion in December 2016, followed by their acquisition of Skype Technologies for $8.5 billion in May 2011.As of 2015, Microsoft is market-dominant in the IBM PC compatible operating system market and the office software suite market, although it has lost the majority of the overall operating system market to Android. The company also produces a wide range of other consumer and enterprise software for desktops, laptops, tabs, gadgets, and servers, including Internet search (with Bing), the digital services market (through MSN), mixed reality (HoloLens), cloud computing (Azure), and software development (Visual Studio).
Steve Ballmer replaced Gates as CEO in 2000, and later envisioned a "devices and services" strategy. This unfolded with Microsoft acquiring Danger Inc. in 2008, entering the personal computer production market for the first time in June 2012 with the launch of the Microsoft Surface line of tablet computers, and later forming Microsoft Mobile through the acquisition of Nokia's devices and services division. Since Satya Nadella took over as CEO in 2014, the company has scaled back on hardware and has instead focused on cloud computing, a move that helped the company's shares reach its highest value since December 1999.Earlier dethroned by Apple in 2010, in 2018 Microsoft reclaimed its position as the most valuable publicly traded company in the world. In April 2019, Microsoft reached the trillion-dollar market cap, becoming the third U.S. public company to be valued at over $1 trillion after Apple and Amazon respectively. As of 2022, Microsoft has the fourth-highest global brand valuation.
Microsoft has been criticized for its monopolistic practices and the company's software has been criticized for problems with ease of use, robustness, and security.
| 3
|
[
"Microsoft",
"headquarters location",
"Redmond"
] |
Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2022. It is considered as one of the Big Five American information technology companies, alongside Alphabet (parent company of Google), Amazon, Apple, and Meta (formerly Facebook).
Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. The company's 1986 initial public offering (IPO), and subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires among Microsoft employees. Since the 1990s, it has increasingly diversified from the operating system market and has made a number of corporate acquisitions, their largest being the acquisition of LinkedIn for $26.2 billion in December 2016, followed by their acquisition of Skype Technologies for $8.5 billion in May 2011.As of 2015, Microsoft is market-dominant in the IBM PC compatible operating system market and the office software suite market, although it has lost the majority of the overall operating system market to Android. The company also produces a wide range of other consumer and enterprise software for desktops, laptops, tabs, gadgets, and servers, including Internet search (with Bing), the digital services market (through MSN), mixed reality (HoloLens), cloud computing (Azure), and software development (Visual Studio).
Steve Ballmer replaced Gates as CEO in 2000, and later envisioned a "devices and services" strategy. This unfolded with Microsoft acquiring Danger Inc. in 2008, entering the personal computer production market for the first time in June 2012 with the launch of the Microsoft Surface line of tablet computers, and later forming Microsoft Mobile through the acquisition of Nokia's devices and services division. Since Satya Nadella took over as CEO in 2014, the company has scaled back on hardware and has instead focused on cloud computing, a move that helped the company's shares reach its highest value since December 1999.Earlier dethroned by Apple in 2010, in 2018 Microsoft reclaimed its position as the most valuable publicly traded company in the world. In April 2019, Microsoft reached the trillion-dollar market cap, becoming the third U.S. public company to be valued at over $1 trillion after Apple and Amazon respectively. As of 2022, Microsoft has the fourth-highest global brand valuation.
Microsoft has been criticized for its monopolistic practices and the company's software has been criticized for problems with ease of use, robustness, and security.1985–1994: Windows and Office
Microsoft released Windows on November 20, 1985, as a graphical extension for MS-DOS,: 242–243, 246 despite having begun jointly developing OS/2 with IBM the previous August. Microsoft moved its headquarters from Bellevue to Redmond, Washington, on February 26, 1986, and went public on March 13, with the resulting rise in stock making an estimated four billionaires and 12,000 millionaires from Microsoft employees. Microsoft released its version of OS/2 to original equipment manufacturers (OEMs) on April 2, 1987. In 1990, the Federal Trade Commission examined Microsoft for possible collusion due to the partnership with IBM, marking the beginning of more than a decade of legal clashes with the government. : 243–244 Meanwhile, the company was at work on Microsoft Windows NT, which was heavily based on their copy of the OS/2 code. It shipped on July 21, 1993, with a new modular kernel and the 32-bit Win32 application programming interface (API), making it easier to port from 16-bit (MS-DOS-based) Windows. Microsoft informed IBM of Windows NT, and the OS/2 partnership deteriorated.In 1990, Microsoft introduced the Microsoft Office suite which bundled separate applications such as Microsoft Word and Microsoft Excel.: 301 On May 22, Microsoft launched Windows 3.0, featuring streamlined user interface graphics and improved protected mode capability for the Intel 386 processor, and both Office and Windows became dominant in their respective areas.On July 27, 1994, the Department of Justice's Antitrust Division filed a competitive impact statement that said: "Beginning in 1988 and continuing until July 15, 1994, Microsoft induced many OEMs to execute anti-competitive 'per processor licenses. Under a per-processor license, an OEM pays Microsoft a royalty for each computer it sells containing a particular microprocessor, whether the OEM sells the computer with a Microsoft operating system or a non-Microsoft operating system. In effect, the royalty payment to Microsoft when no Microsoft product is being used acts as a penalty, or tax, on the OEM's use of a competing PC operating system. Since 1988, Microsoft's use of per processor licenses has increased."Layoffs
In July 2014, Microsoft announced plans to lay off 18,000 employees. Microsoft employed 127,104 people as of June 5, 2014, making this about a 14 percent reduction of its workforce as the biggest Microsoft lay off ever. This included 12,500 professional and factory personnel. Previously, Microsoft had eliminated 5,800 jobs in 2009 in line with the Great Recession of 2008–2017. In September 2014, Microsoft laid off 2,100 people, including 747 people in the Seattle–Redmond area, where the company is headquartered. The firings came as a second wave of the layoffs that were previously announced. This brought the total number to over 15,000 out of the 18,000 expected cuts. In October 2014, Microsoft revealed that it was almost done with the elimination of 18,000 employees, which was its largest-ever layoff sweep. In July 2015, Microsoft announced another 7,800 job cuts in the next several months. In May 2016, Microsoft announced another 1,850 job cuts mostly in its Nokia mobile phone division. As a result, the company will record an impairment and restructuring charge of approximately $950 million, of which approximately $200 million will relate to severance payments.Headquarters
The corporate headquarters, informally known as the Microsoft Redmond campus, is located at One Microsoft Way in Redmond, Washington. Microsoft initially moved onto the grounds of the campus on February 26, 1986, weeks before the company went public on March 13. The headquarters has since experienced multiple expansions since its establishment. It is estimated to encompass over 8 million ft2 (750,000 m2) of office space and 30,000–40,000 employees. Additional offices are located in Bellevue and Issaquah, Washington (90,000 employees worldwide). The company is planning to upgrade its Mountain View, California, campus on a grand scale. The company has occupied this campus since 1981. In 2016, the company bought the 32-acre (13 ha) campus, with plans to renovate and expand it by 25%. Microsoft operates an East Coast headquarters in Charlotte, North Carolina.
| 62
|
[
"Microsoft",
"product or material produced",
"Xbox"
] |
Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2022. It is considered as one of the Big Five American information technology companies, alongside Alphabet (parent company of Google), Amazon, Apple, and Meta (formerly Facebook).
Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. The company's 1986 initial public offering (IPO), and subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires among Microsoft employees. Since the 1990s, it has increasingly diversified from the operating system market and has made a number of corporate acquisitions, their largest being the acquisition of LinkedIn for $26.2 billion in December 2016, followed by their acquisition of Skype Technologies for $8.5 billion in May 2011.As of 2015, Microsoft is market-dominant in the IBM PC compatible operating system market and the office software suite market, although it has lost the majority of the overall operating system market to Android. The company also produces a wide range of other consumer and enterprise software for desktops, laptops, tabs, gadgets, and servers, including Internet search (with Bing), the digital services market (through MSN), mixed reality (HoloLens), cloud computing (Azure), and software development (Visual Studio).
Steve Ballmer replaced Gates as CEO in 2000, and later envisioned a "devices and services" strategy. This unfolded with Microsoft acquiring Danger Inc. in 2008, entering the personal computer production market for the first time in June 2012 with the launch of the Microsoft Surface line of tablet computers, and later forming Microsoft Mobile through the acquisition of Nokia's devices and services division. Since Satya Nadella took over as CEO in 2014, the company has scaled back on hardware and has instead focused on cloud computing, a move that helped the company's shares reach its highest value since December 1999.Earlier dethroned by Apple in 2010, in 2018 Microsoft reclaimed its position as the most valuable publicly traded company in the world. In April 2019, Microsoft reached the trillion-dollar market cap, becoming the third U.S. public company to be valued at over $1 trillion after Apple and Amazon respectively. As of 2022, Microsoft has the fourth-highest global brand valuation.
Microsoft has been criticized for its monopolistic practices and the company's software has been criticized for problems with ease of use, robustness, and security.
| 75
|
[
"Microsoft",
"member of",
"Linux Foundation"
] |
2014–2020: Windows 10, Microsoft Edge, and HoloLens
On February 4, 2014, Steve Ballmer stepped down as CEO of Microsoft and was succeeded by Satya Nadella, who previously led Microsoft's Cloud and Enterprise division. On the same day, John W. Thompson took on the role of chairman, in place of Bill Gates, who continued to participate as a technology advisor. Thompson became the second chairman in Microsoft's history. On April 25, 2014, Microsoft acquired Nokia Devices and Services for $7.2 billion. This new subsidiary was renamed Microsoft Mobile Oy. On September 15, 2014, Microsoft acquired the video game development company Mojang, best known for Minecraft, for $2.5 billion. On June 8, 2017, Microsoft acquired Hexadite, an Israeli security firm, for $100 million.On January 21, 2015, Microsoft announced the release of their first Interactive whiteboard, Microsoft Surface Hub. On July 29, 2015, Windows 10 was released, with its server sibling, Windows Server 2016, released in September 2016. In Q1 2015, Microsoft was the third largest maker of mobile phones, selling 33 million units (7.2% of all). While a large majority (at least 75%) of them do not run any version of Windows Phone— those other phones are not categorized as smartphones by Gartner – in the same time frame 8 million Windows smartphones (2.5% of all smartphones) were made by all manufacturers (but mostly by Microsoft). Microsoft's share of the U.S. smartphone market in January 2016 was 2.7%. During the summer of 2015 the company lost $7.6 billion related to its mobile-phone business, firing 7,800 employees.On March 1, 2016, Microsoft announced the merger of its PC and Xbox divisions, with Phil Spencer announcing that Universal Windows Platform (UWP) apps would be the focus for Microsoft's gaming in the future. On January 24, 2017, Microsoft showcased Intune for Education at the BETT 2017 education technology conference in London. Intune for Education is a new cloud-based application and device management service for the education sector. In May 2016, the company announced it was laying off 1,850 workers, and taking an impairment and restructuring charge of $950 million. In June 2016, Microsoft announced a project named Microsoft Azure Information Protection. It aims to help enterprises protect their data as it moves between servers and devices. In November 2016, Microsoft joined the Linux Foundation as a Platinum member during Microsoft's Connect(); developer event in New York. The cost of each Platinum membership is US$500,000 per year. Some analysts deemed this unthinkable ten years prior, however, as in 2001 then-CEO Steve Ballmer called Linux "cancer". Microsoft planned to launch a preview of Intune for Education "in the coming weeks", with general availability scheduled for spring 2017, priced at $30 per device, or through volume licensing agreements.
| 94
|
[
"Microsoft",
"product or material produced",
"Microsoft Surface"
] |
2011–2014: Windows 8/8.1, Xbox One, Outlook.com, and Surface devices
Following the release of Windows Phone, Microsoft undertook a gradual rebranding of its product range throughout 2011 and 2012, with the corporation's logos, products, services, and websites adopting the principles and concepts of the Metro design language. Microsoft unveiled Windows 8, an operating system designed to power both personal computers and tablet computers, in Taipei in June 2011. A developer preview was released on September 13, which was subsequently replaced by a consumer preview on February 29, 2012, and released to the public in May. The Surface was unveiled on June 18, becoming the first computer in the company's history to have its hardware made by Microsoft. On June 25, Microsoft paid US$1.2 billion to buy the social network Yammer. On July 31, they launched the Outlook.com webmail service to compete with Gmail. On September 4, 2012, Microsoft released Windows Server 2012.In July 2012, Microsoft sold its 50% stake in MSNBC, which it had run as a joint venture with NBC since 1996. On October 1, Microsoft announced its intention to launch a news operation, part of a new-look MSN, with Windows 8 later in the month. On October 26, 2012, Microsoft launched Windows 8 and the Microsoft Surface. Three days later, Windows Phone 8 was launched. To cope with the potential for an increase in demand for products and services, Microsoft opened a number of "holiday stores" across the U.S. to complement the increasing number of "bricks-and-mortar" Microsoft Stores that opened in 2012. On March 29, 2013, Microsoft launched a Patent Tracker.In August 2012, the New York City Police Department announced a partnership with Microsoft for the development of the Domain Awareness System which is used for Police surveillance in New York City.
| 114
|
[
"Microsoft",
"industry",
"technology industry"
] |
Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2022. It is considered as one of the Big Five American information technology companies, alongside Alphabet (parent company of Google), Amazon, Apple, and Meta (formerly Facebook).
Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. The company's 1986 initial public offering (IPO), and subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires among Microsoft employees. Since the 1990s, it has increasingly diversified from the operating system market and has made a number of corporate acquisitions, their largest being the acquisition of LinkedIn for $26.2 billion in December 2016, followed by their acquisition of Skype Technologies for $8.5 billion in May 2011.As of 2015, Microsoft is market-dominant in the IBM PC compatible operating system market and the office software suite market, although it has lost the majority of the overall operating system market to Android. The company also produces a wide range of other consumer and enterprise software for desktops, laptops, tabs, gadgets, and servers, including Internet search (with Bing), the digital services market (through MSN), mixed reality (HoloLens), cloud computing (Azure), and software development (Visual Studio).
Steve Ballmer replaced Gates as CEO in 2000, and later envisioned a "devices and services" strategy. This unfolded with Microsoft acquiring Danger Inc. in 2008, entering the personal computer production market for the first time in June 2012 with the launch of the Microsoft Surface line of tablet computers, and later forming Microsoft Mobile through the acquisition of Nokia's devices and services division. Since Satya Nadella took over as CEO in 2014, the company has scaled back on hardware and has instead focused on cloud computing, a move that helped the company's shares reach its highest value since December 1999.Earlier dethroned by Apple in 2010, in 2018 Microsoft reclaimed its position as the most valuable publicly traded company in the world. In April 2019, Microsoft reached the trillion-dollar market cap, becoming the third U.S. public company to be valued at over $1 trillion after Apple and Amazon respectively. As of 2022, Microsoft has the fourth-highest global brand valuation.
Microsoft has been criticized for its monopolistic practices and the company's software has been criticized for problems with ease of use, robustness, and security.
| 135
|
[
"Microsoft",
"product or material produced",
"Xbox"
] |
Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2022. It is considered as one of the Big Five American information technology companies, alongside Alphabet (parent company of Google), Amazon, Apple, and Meta (formerly Facebook).
Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. The company's 1986 initial public offering (IPO), and subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires among Microsoft employees. Since the 1990s, it has increasingly diversified from the operating system market and has made a number of corporate acquisitions, their largest being the acquisition of LinkedIn for $26.2 billion in December 2016, followed by their acquisition of Skype Technologies for $8.5 billion in May 2011.As of 2015, Microsoft is market-dominant in the IBM PC compatible operating system market and the office software suite market, although it has lost the majority of the overall operating system market to Android. The company also produces a wide range of other consumer and enterprise software for desktops, laptops, tabs, gadgets, and servers, including Internet search (with Bing), the digital services market (through MSN), mixed reality (HoloLens), cloud computing (Azure), and software development (Visual Studio).
Steve Ballmer replaced Gates as CEO in 2000, and later envisioned a "devices and services" strategy. This unfolded with Microsoft acquiring Danger Inc. in 2008, entering the personal computer production market for the first time in June 2012 with the launch of the Microsoft Surface line of tablet computers, and later forming Microsoft Mobile through the acquisition of Nokia's devices and services division. Since Satya Nadella took over as CEO in 2014, the company has scaled back on hardware and has instead focused on cloud computing, a move that helped the company's shares reach its highest value since December 1999.Earlier dethroned by Apple in 2010, in 2018 Microsoft reclaimed its position as the most valuable publicly traded company in the world. In April 2019, Microsoft reached the trillion-dollar market cap, becoming the third U.S. public company to be valued at over $1 trillion after Apple and Amazon respectively. As of 2022, Microsoft has the fourth-highest global brand valuation.
Microsoft has been criticized for its monopolistic practices and the company's software has been criticized for problems with ease of use, robustness, and security.
| 192
|
[
"Microsoft",
"legal form",
"Washington corporation"
] |
Microsoft Corporation is an American multinational technology corporation headquartered in Redmond, Washington. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2022. It is considered as one of the Big Five American information technology companies, alongside Alphabet (parent company of Google), Amazon, Apple, and Meta (formerly Facebook).
Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. The company's 1986 initial public offering (IPO), and subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires among Microsoft employees. Since the 1990s, it has increasingly diversified from the operating system market and has made a number of corporate acquisitions, their largest being the acquisition of LinkedIn for $26.2 billion in December 2016, followed by their acquisition of Skype Technologies for $8.5 billion in May 2011.As of 2015, Microsoft is market-dominant in the IBM PC compatible operating system market and the office software suite market, although it has lost the majority of the overall operating system market to Android. The company also produces a wide range of other consumer and enterprise software for desktops, laptops, tabs, gadgets, and servers, including Internet search (with Bing), the digital services market (through MSN), mixed reality (HoloLens), cloud computing (Azure), and software development (Visual Studio).
Steve Ballmer replaced Gates as CEO in 2000, and later envisioned a "devices and services" strategy. This unfolded with Microsoft acquiring Danger Inc. in 2008, entering the personal computer production market for the first time in June 2012 with the launch of the Microsoft Surface line of tablet computers, and later forming Microsoft Mobile through the acquisition of Nokia's devices and services division. Since Satya Nadella took over as CEO in 2014, the company has scaled back on hardware and has instead focused on cloud computing, a move that helped the company's shares reach its highest value since December 1999.Earlier dethroned by Apple in 2010, in 2018 Microsoft reclaimed its position as the most valuable publicly traded company in the world. In April 2019, Microsoft reached the trillion-dollar market cap, becoming the third U.S. public company to be valued at over $1 trillion after Apple and Amazon respectively. As of 2022, Microsoft has the fourth-highest global brand valuation.
Microsoft has been criticized for its monopolistic practices and the company's software has been criticized for problems with ease of use, robustness, and security.
| 206
|
[
"Quintiq",
"headquarters location",
"'s-Hertogenbosch"
] |
Quintiq is a Dutch company that develops planning, scheduling and supply chain optimization software. The company is headquartered in 's-Hertogenbosch and its North American headquarters are in Radnor, Pennsylvania. As of October 2014, the company is known as DELMIA Quintiq.History
The company was founded in 's-Hertogenbosch (Den Bosch) in September 1997 by former Bolesian employees including Dr. Victor Allis. Allis and several colleagues initially began developing a scheduling application for an aluminum manufacturer as a side project. It was offered first to Allis's then-employer, but Bolesian was not interested. Because the software they developed was highly configurable, and thus of use to many other types of companies, it was decided that a new firm should be created around the software. Preparing the software for sale to as wide a variety as possible of corporate customers took two years of development.Quintiq sold its software to a client for the first time in 1999.In 2011, two investment firms, LLR Partners Inc. and NewSpring Capital Ventures LP, bought into Quintiq, giving them a 48% stake in the company's ownership.Later in 2014, Quintiq was bought by Dassault Systèmes.
| 2
|
[
"Quintiq",
"founded by",
"Victor Allis"
] |
History
The company was founded in 's-Hertogenbosch (Den Bosch) in September 1997 by former Bolesian employees including Dr. Victor Allis. Allis and several colleagues initially began developing a scheduling application for an aluminum manufacturer as a side project. It was offered first to Allis's then-employer, but Bolesian was not interested. Because the software they developed was highly configurable, and thus of use to many other types of companies, it was decided that a new firm should be created around the software. Preparing the software for sale to as wide a variety as possible of corporate customers took two years of development.Quintiq sold its software to a client for the first time in 1999.In 2011, two investment firms, LLR Partners Inc. and NewSpring Capital Ventures LP, bought into Quintiq, giving them a 48% stake in the company's ownership.Later in 2014, Quintiq was bought by Dassault Systèmes.
| 4
|
[
"Prosegur",
"country",
"Spain"
] |
Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in Madrid, Spain.History
Prosegur was founded in 1976 by Herberto Gut. It began as a private security company, with a particular focus on power plants, industrial facilities and shopping centres. In 1987, it became the first security company to list on the Madrid Stock Exchange, and remains the largest company in the private security industry in Spain.In March 2017, Prosegur demerged its cash business, which listed separately on the Madrid Stock Exchange, Prosegur Cash remains majority owned by Prosegur.
| 1
|
[
"Prosegur",
"headquarters location",
"Madrid"
] |
Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in Madrid, Spain.History
Prosegur was founded in 1976 by Herberto Gut. It began as a private security company, with a particular focus on power plants, industrial facilities and shopping centres. In 1987, it became the first security company to list on the Madrid Stock Exchange, and remains the largest company in the private security industry in Spain.In March 2017, Prosegur demerged its cash business, which listed separately on the Madrid Stock Exchange, Prosegur Cash remains majority owned by Prosegur.Global presence
Prosegur operates in 26 countries across four continents. Prosegur's entry into new markets, and subsequent expansion has often been through acquisition. Its operations grew initially through Spain, Portugal and Latin America, but have since expanded to other parts of Europe and Asia.
In December 2013, Prosegur entered the Australian market with the acquisition of the second largest cash in transit business in the country, the Australian division of Chubb Security for A$145 million (€95 million) Prosegur holds a market leading position in many of the countries in which it operates, including Spain, Brazil and Germany.In April 2017, Prosegur's office in Ciudad del Este was robbed in "the biggest heist in Paraguay's history".
| 3
|
[
"Prosegur",
"location of formation",
"Madrid"
] |
Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in Madrid, Spain.Global presence
Prosegur operates in 26 countries across four continents. Prosegur's entry into new markets, and subsequent expansion has often been through acquisition. Its operations grew initially through Spain, Portugal and Latin America, but have since expanded to other parts of Europe and Asia.
In December 2013, Prosegur entered the Australian market with the acquisition of the second largest cash in transit business in the country, the Australian division of Chubb Security for A$145 million (€95 million) Prosegur holds a market leading position in many of the countries in which it operates, including Spain, Brazil and Germany.In April 2017, Prosegur's office in Ciudad del Este was robbed in "the biggest heist in Paraguay's history".
| 4
|
[
"Prosegur",
"instance of",
"private security company"
] |
Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in Madrid, Spain.History
Prosegur was founded in 1976 by Herberto Gut. It began as a private security company, with a particular focus on power plants, industrial facilities and shopping centres. In 1987, it became the first security company to list on the Madrid Stock Exchange, and remains the largest company in the private security industry in Spain.In March 2017, Prosegur demerged its cash business, which listed separately on the Madrid Stock Exchange, Prosegur Cash remains majority owned by Prosegur.
| 9
|
[
"Prosegur",
"instance of",
"business"
] |
Prosegur Compañía de Seguridad, S.A ("Prosegur") is a multinational security company, headquartered in Madrid, Spain.History
Prosegur was founded in 1976 by Herberto Gut. It began as a private security company, with a particular focus on power plants, industrial facilities and shopping centres. In 1987, it became the first security company to list on the Madrid Stock Exchange, and remains the largest company in the private security industry in Spain.In March 2017, Prosegur demerged its cash business, which listed separately on the Madrid Stock Exchange, Prosegur Cash remains majority owned by Prosegur.Global presence
Prosegur operates in 26 countries across four continents. Prosegur's entry into new markets, and subsequent expansion has often been through acquisition. Its operations grew initially through Spain, Portugal and Latin America, but have since expanded to other parts of Europe and Asia.
In December 2013, Prosegur entered the Australian market with the acquisition of the second largest cash in transit business in the country, the Australian division of Chubb Security for A$145 million (€95 million) Prosegur holds a market leading position in many of the countries in which it operates, including Spain, Brazil and Germany.In April 2017, Prosegur's office in Ciudad del Este was robbed in "the biggest heist in Paraguay's history".
| 11
|
[
"Paramount Media Networks",
"has subsidiary",
"Nickelodeon Animation Studio"
] |
Kids & Family Entertainment
Nickelodeon
Nick at Nite
Nick Jr. Channel
Nicktoons
TeenNick
NickMusic
Nick.com
NickOnBoard
Nickelodeon Productions
Nickelodeon Animation Studio
Avatar Studios
Nickelodeon Digital
Nickelodeon Velocity
Paws, Inc.
Awesomeness
Awesomeness Ink
Awesomeness Films
Awesomeness News
VidCon
| 9
|
[
"Paramount Media Networks",
"parent organization",
"Viacom"
] |
Paramount Networks UK & Australia
Ten Network Holdings
Paramount Networks EMEAA
Paramount Networks Northern Europe
Paramount Networks Southern Europe, Middle East, and Africa
Viacom 18 (49%)
Paramount Networks AmericasFormer brands include TMF and VIVA which, along with digital properties Nitrome Limited, Shockwave, Addicting Games, Atom Films and Xfire, have either since merged with other networks, were shut down, or were sold off.
| 11
|
[
"Paramount Media Networks",
"parent organization",
"Viacom"
] |
Paramount Networks UK & Australia
Ten Network Holdings
Paramount Networks EMEAA
Paramount Networks Northern Europe
Paramount Networks Southern Europe, Middle East, and Africa
Viacom 18 (49%)
Paramount Networks AmericasFormer brands include TMF and VIVA which, along with digital properties Nitrome Limited, Shockwave, Addicting Games, Atom Films and Xfire, have either since merged with other networks, were shut down, or were sold off.
| 19
|
[
"Paramount Media Networks",
"has subsidiary",
"Nickelodeon Digital"
] |
Kids & Family Entertainment
Nickelodeon
Nick at Nite
Nick Jr. Channel
Nicktoons
TeenNick
NickMusic
Nick.com
NickOnBoard
Nickelodeon Productions
Nickelodeon Animation Studio
Avatar Studios
Nickelodeon Digital
Nickelodeon Velocity
Paws, Inc.
Awesomeness
Awesomeness Ink
Awesomeness Films
Awesomeness News
VidCon
| 21
|
[
"Vedanta Resources",
"headquarters location",
"London"
] |
Vedanta Resources Limited is a UK- Indian diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha (2,400 MW) and Punjab (1,980 MW).The company with 20,000 employees is primarily owned by the family of Anil Agarwal through Volcan Investments, a holding vehicle with a 61.7% stake in the business. Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa.Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018.
| 0
|
[
"Vedanta Resources",
"country",
"United Kingdom"
] |
Vedanta Resources Limited is a UK- Indian diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha (2,400 MW) and Punjab (1,980 MW).The company with 20,000 employees is primarily owned by the family of Anil Agarwal through Volcan Investments, a holding vehicle with a 61.7% stake in the business. Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa.Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018.
| 1
|
[
"Vedanta Resources",
"industry",
"mining"
] |
Vedanta Resources Limited is a UK- Indian diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha (2,400 MW) and Punjab (1,980 MW).The company with 20,000 employees is primarily owned by the family of Anil Agarwal through Volcan Investments, a holding vehicle with a 61.7% stake in the business. Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa.Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018.
| 6
|
[
"Vedanta Resources",
"owned by",
"Anil Agarwal"
] |
Vedanta Resources Limited is a UK- Indian diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha (2,400 MW) and Punjab (1,980 MW).The company with 20,000 employees is primarily owned by the family of Anil Agarwal through Volcan Investments, a holding vehicle with a 61.7% stake in the business. Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa.Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018.
| 11
|
[
"Vedanta Resources",
"instance of",
"enterprise"
] |
Vedanta Resources Limited is a UK- Indian diversified mining company headquartered in London, United Kingdom. It is the largest mining and non-ferrous metals company in India and has mining operations in Australia and Zambia and oil and gas operations in three countries. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It has also developed commercial power stations in India in Odisha (2,400 MW) and Punjab (1,980 MW).The company with 20,000 employees is primarily owned by the family of Anil Agarwal through Volcan Investments, a holding vehicle with a 61.7% stake in the business. Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa.Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018.
| 15
|
[
"Olympique Lyonnais Groupe",
"owner of",
"Olympique Lyonnais"
] |
History
The Olympique Lyonnais holding company was officially created on 1 February 1999, announced in the same month as Pathé group obtaining a minority stake of 34% on an investment of €15.2 million. Olympique Lyonnais owner Jean-Michel Aulas owned the remaining 66% of the holding company and controlled its operations as chief executive officer.
| 4
|
[
"Olympique Lyonnais Groupe",
"founded by",
"Jean-Michel Aulas"
] |
History
The Olympique Lyonnais holding company was officially created on 1 February 1999, announced in the same month as Pathé group obtaining a minority stake of 34% on an investment of €15.2 million. Olympique Lyonnais owner Jean-Michel Aulas owned the remaining 66% of the holding company and controlled its operations as chief executive officer.
| 5
|
[
"Olympique Lyonnais Groupe",
"instance of",
"holding company"
] |
Olympique Lyonnais Groupe (OL Groupe), is a French holding company created in 1999 primarily known for its ownership and management of the Olympique Lyonnais professional men's and women's association football clubs and their stadium, Parc Olympique Lyonnais. Since June 2022, Olympique Lyonnais Groupe, is primarily owned by Eagle Football Holdings, which is controlled by American businessman John Textor.
The company is currently listed on Euronext Paris, initialled OLG.
| 8
|
[
"Olympique Lyonnais Groupe",
"owner of",
"Olympique Lyonnais"
] |
History
The Olympique Lyonnais holding company was officially created on 1 February 1999, announced in the same month as Pathé group obtaining a minority stake of 34% on an investment of €15.2 million. Olympique Lyonnais owner Jean-Michel Aulas owned the remaining 66% of the holding company and controlled its operations as chief executive officer.
| 11
|
[
"PEI Architects",
"headquarters location",
"United States of America"
] |
PEI Architects, formerly Pei Partnership Architects, is an international architecture firm based in New York City. Co-founded by the sons of I. M. Pei, Chien Chung (Didi) Pei and Li Chung (Sandi) Pei, in 1992, PEI Architects has specialized in high-profile projects including museums, healthcare facilities, commercial buildings, and high-rise residential towers, as well as urban masterplans and waterfront parks, in North America, Asia, Europe, Africa, and the Middle East. Major projects have included the Chinese Embassy in Washington, D.C., the Bank of China Head Office in Beijing, the Suzhou Museum, the Centurion luxury condominium in New York City, and many others.
| 0
|
[
"PEI Architects",
"industry",
"architecture"
] |
PEI Architects, formerly Pei Partnership Architects, is an international architecture firm based in New York City. Co-founded by the sons of I. M. Pei, Chien Chung (Didi) Pei and Li Chung (Sandi) Pei, in 1992, PEI Architects has specialized in high-profile projects including museums, healthcare facilities, commercial buildings, and high-rise residential towers, as well as urban masterplans and waterfront parks, in North America, Asia, Europe, Africa, and the Middle East. Major projects have included the Chinese Embassy in Washington, D.C., the Bank of China Head Office in Beijing, the Suzhou Museum, the Centurion luxury condominium in New York City, and many others.Background
Didi and Sandi Pei founded Pei Partnership Architects (PPA) in 1992, after working for their father's firm. Both brothers earned master's degrees in architecture from the Harvard University Graduate School of Design, and gained experience in large-scale building design projects at I. M. Pei & Partners, which became Pei Cobb Freed & Partners after their father retired in 1990. I. M. Pei worked as a consultant for his sons' business into his nineties, before his death in 2019 at age 102.In 2010, World Policy Journal stated that "Didi and his brother are placing their stamp on many of China's greatest cities – from Macau and Hong Kong to Shanghai, Shenzhen and Beijing." According to I. M. Pei, Pei Partnership Architects "came of age" with the Bank of China (BOC) Beijing headquarters project. The PPA's Bank of China Head Office project was the most recent milestone in the Pei family's long association with the BOC, starting with grandfather Tsuyee Pei, who served as a director of the bank, and I. M. Pei, who designed the Bank of China Tower in Hong Kong.The firm's philosophy is to understand the local context for each project, which has led to design choices such as using white cantera, a local limestone, for the exterior of the Guanajuato State Library in León, Mexico.
| 2
|
[
"PEI Architects",
"instance of",
"business"
] |
PEI Architects, formerly Pei Partnership Architects, is an international architecture firm based in New York City. Co-founded by the sons of I. M. Pei, Chien Chung (Didi) Pei and Li Chung (Sandi) Pei, in 1992, PEI Architects has specialized in high-profile projects including museums, healthcare facilities, commercial buildings, and high-rise residential towers, as well as urban masterplans and waterfront parks, in North America, Asia, Europe, Africa, and the Middle East. Major projects have included the Chinese Embassy in Washington, D.C., the Bank of China Head Office in Beijing, the Suzhou Museum, the Centurion luxury condominium in New York City, and many others.
| 4
|
[
"AvtoVAZ",
"country",
"Russia"
] |
AvtoVAZ (Russian: АвтоВАЗ, IPA: [ɐftoˈvas]) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ (Russian: ВАЗ), an acronym for Volga Automotive Plant in Russian (Russian: Во́лжский автомоби́льный заво́д, romanized: Vólzhskiy avtomobíl'nyy zavód). AvtoVAZ is best known for its flagship series of Lada vehicles. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik, which were phased out in the 1990s and replaced by Lada for the Russian market. From December 2019 to August 2020, AvtoVAZ sold Niva cars with Chevrolet branding.
AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer. It was privatized in the 1990s and was a subsidiary of Renault from October 2016 to May 2022. In May 2022, it was re-acquired by the Russian government. The company is indirectly owned by Russian state enterprises through Lada Auto Holding.
| 0
|
[
"AvtoVAZ",
"owner of",
"Lada"
] |
AvtoVAZ (Russian: АвтоВАЗ, IPA: [ɐftoˈvas]) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ (Russian: ВАЗ), an acronym for Volga Automotive Plant in Russian (Russian: Во́лжский автомоби́льный заво́д, romanized: Vólzhskiy avtomobíl'nyy zavód). AvtoVAZ is best known for its flagship series of Lada vehicles. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik, which were phased out in the 1990s and replaced by Lada for the Russian market. From December 2019 to August 2020, AvtoVAZ sold Niva cars with Chevrolet branding.
AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer. It was privatized in the 1990s and was a subsidiary of Renault from October 2016 to May 2022. In May 2022, it was re-acquired by the Russian government. The company is indirectly owned by Russian state enterprises through Lada Auto Holding.Groupe Renault takeover
In October 2016, Renault invested $1.33 billion in another recapitalization of AvtoVAZ, this time without involvement from Nissan, making the company a subsidiary of the French group. In September 2017, Nissan sold its AvtoVAZ stake to Renault for €45 million.In December 2018, Renault and Rostec completed the acquisition of all AvtoVAZ shares through their Alliance Rostec venture. The company then delisted from the Moscow Exchange. In 2018, AvtoVAZ posted a net profit of $90.5 million, its first positive result in a decade. In June 2019, Rostec announced it would eventually reduce its stake in AvtoVAZ to 25%. In December 2021, Renault and Rostec transferred its shares from the Netherlands-registered Alliance Rostec to the Russia-registered Lada Auto Holding. The new holding kept the same Renault-Rostec shareholding ratio as its Dutch predecessor. In March 2022, following the 2022 Russian invasion of Ukraine and international pressure to doing so, Renault said it was "assessing" its AvtoVAZ ownership.In December 2019, AvtoVAZ acquired General Motors' stake in their GM-AvtoVAZ joint venture. As part of the deal, AvtoVAZ used Chevrolet branding for the Niva models until August 2020, before replacing it with Lada.In January 2021, following a company revamp, Renault said it would integrate Lada and sister Dacia brands into a new business unit. AvtoVAZ was made part of the business unit structure.
| 6
|
[
"AvtoVAZ",
"industry",
"automotive industry"
] |
AvtoVAZ (Russian: АвтоВАЗ, IPA: [ɐftoˈvas]) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ (Russian: ВАЗ), an acronym for Volga Automotive Plant in Russian (Russian: Во́лжский автомоби́льный заво́д, romanized: Vólzhskiy avtomobíl'nyy zavód). AvtoVAZ is best known for its flagship series of Lada vehicles. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik, which were phased out in the 1990s and replaced by Lada for the Russian market. From December 2019 to August 2020, AvtoVAZ sold Niva cars with Chevrolet branding.
AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer. It was privatized in the 1990s and was a subsidiary of Renault from October 2016 to May 2022. In May 2022, it was re-acquired by the Russian government. The company is indirectly owned by Russian state enterprises through Lada Auto Holding.
| 8
|
[
"AvtoVAZ",
"instance of",
"automobile manufacturer"
] |
AvtoVAZ (Russian: АвтоВАЗ, IPA: [ɐftoˈvas]) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ (Russian: ВАЗ), an acronym for Volga Automotive Plant in Russian (Russian: Во́лжский автомоби́льный заво́д, romanized: Vólzhskiy avtomobíl'nyy zavód). AvtoVAZ is best known for its flagship series of Lada vehicles. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik, which were phased out in the 1990s and replaced by Lada for the Russian market. From December 2019 to August 2020, AvtoVAZ sold Niva cars with Chevrolet branding.
AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer. It was privatized in the 1990s and was a subsidiary of Renault from October 2016 to May 2022. In May 2022, it was re-acquired by the Russian government. The company is indirectly owned by Russian state enterprises through Lada Auto Holding.History
Establishment
The VAZ plant was established in 1966 by the Soviet government in cooperation with the Italian car manufacturer Fiat. Viktor Nikolaevich Polyakov (later Minister of Automobile Industry) was named as director, and Vladimir Solovyov as chief designer. The plant intended to produce popular economy cars that would meet the growing demand for personal transport. It was built on the banks of the Volga in 1966. A new town, Tolyatti, named after Italian Communist Party leader Palmiro Togliatti, was built around the plant The cost of the VAZ plant was estimated at $800 million in 1970 (equivalent to $4.4 billion in 2021).The cars to be produced (designated as "Zhiguli") was envisaged as a "people's car" like the Citroën 2CV or the VW Type 1. Production was intended to be 220,000 units a year, beginning in 1971 (other sources listed 300,000 in 1971); car production actually began before the plant was finished in 1970. The VAZ trademark, at first, was a silver Volga boat on a red pentagonal background, with "Togliatti" superimposed in Cyrillic (Тольятти); the first badges, manufactured in Turin, mistakenly had the Cyrillic "Я" rendered "R", instead (Тольʀтти), making them collector's items.The company was not as vertically integrated as other Soviet enterprises; for example, it purchased components from a variety of suppliers over which it exerted little control; in the early years of the company certain parts and subassemblies were imported from Fiat's suppliers in Italy until they could be locally sourced.
| 10
|
[
"AvtoVAZ",
"instance of",
"public company"
] |
AvtoVAZ (Russian: АвтоВАЗ, IPA: [ɐftoˈvas]) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ (Russian: ВАЗ), an acronym for Volga Automotive Plant in Russian (Russian: Во́лжский автомоби́льный заво́д, romanized: Vólzhskiy avtomobíl'nyy zavód). AvtoVAZ is best known for its flagship series of Lada vehicles. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik, which were phased out in the 1990s and replaced by Lada for the Russian market. From December 2019 to August 2020, AvtoVAZ sold Niva cars with Chevrolet branding.
AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer. It was privatized in the 1990s and was a subsidiary of Renault from October 2016 to May 2022. In May 2022, it was re-acquired by the Russian government. The company is indirectly owned by Russian state enterprises through Lada Auto Holding.
| 11
|
[
"AvtoVAZ",
"product or material produced",
"passenger car"
] |
History
Establishment
The VAZ plant was established in 1966 by the Soviet government in cooperation with the Italian car manufacturer Fiat. Viktor Nikolaevich Polyakov (later Minister of Automobile Industry) was named as director, and Vladimir Solovyov as chief designer. The plant intended to produce popular economy cars that would meet the growing demand for personal transport. It was built on the banks of the Volga in 1966. A new town, Tolyatti, named after Italian Communist Party leader Palmiro Togliatti, was built around the plant The cost of the VAZ plant was estimated at $800 million in 1970 (equivalent to $4.4 billion in 2021).The cars to be produced (designated as "Zhiguli") was envisaged as a "people's car" like the Citroën 2CV or the VW Type 1. Production was intended to be 220,000 units a year, beginning in 1971 (other sources listed 300,000 in 1971); car production actually began before the plant was finished in 1970. The VAZ trademark, at first, was a silver Volga boat on a red pentagonal background, with "Togliatti" superimposed in Cyrillic (Тольятти); the first badges, manufactured in Turin, mistakenly had the Cyrillic "Я" rendered "R", instead (Тольʀтти), making them collector's items.The company was not as vertically integrated as other Soviet enterprises; for example, it purchased components from a variety of suppliers over which it exerted little control; in the early years of the company certain parts and subassemblies were imported from Fiat's suppliers in Italy until they could be locally sourced.
| 12
|
[
"AvtoVAZ",
"owned by",
"NAMI"
] |
Re-nationalization
On 16 May 2022, Renault said it had sold its controlling stake in AvtoVAZ to the Central Research and Development Automobile and Engine Institute (NAMI), a state-owned research center, for one rouble. The agreement has a buyback option for Renault within six years after the sale.In November 2022, the controlling shareholder of AvtoVAZ, NAMI, acquired Nissan's Saint Petersburg facilities (including its assembly plant) for a "symbolic price" with a six-year buyback option. In February 2023, NAMI sold 99% of them in turn to AvtoVAZ for €1. AvtoVAZ plans to use the plant to assemble C and D-segment vehicle kits from other manufacturers, under the Lada badging.
| 15
|
[
"AvtoVAZ",
"instance of",
"business"
] |
AvtoVAZ (Russian: АвтоВАЗ, IPA: [ɐftoˈvas]) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ (Russian: ВАЗ), an acronym for Volga Automotive Plant in Russian (Russian: Во́лжский автомоби́льный заво́д, romanized: Vólzhskiy avtomobíl'nyy zavód). AvtoVAZ is best known for its flagship series of Lada vehicles. In the Soviet Union, its products used various names, including Zhiguli, Oka, and Sputnik, which were phased out in the 1990s and replaced by Lada for the Russian market. From December 2019 to August 2020, AvtoVAZ sold Niva cars with Chevrolet branding.
AvtoVAZ was established in 1966 by the Soviet government as a state-run car manufacturer. It was privatized in the 1990s and was a subsidiary of Renault from October 2016 to May 2022. In May 2022, it was re-acquired by the Russian government. The company is indirectly owned by Russian state enterprises through Lada Auto Holding.
| 17
|
[
"MSC Cruises",
"location of formation",
"Naples"
] |
MSC Cruises (Italian: MSC Crociere) is a Swiss global cruise line based in Geneva, with operations offices in Naples, Genoa and Venice. It was founded in 1989 in Naples, Italy, as part of the Mediterranean Shipping Company (MSC). In addition to being the world's largest privately held cruise company, employing about 23,500 people worldwide and with offices in 45 countries as of 2017, MSC Cruises is the third-largest cruise company in the world, after Carnival Corporation & plc and Royal Caribbean Group, with a 10.2% share of all passengers carried in 2021.History
Lauro Lines
Lauro Lines (Italian: Flotta Lauro) was founded in Naples, Italy by Achille Lauro in 1960. The company entered the cruise business operating two ships, MS Angelina Lauro and MS Achille Lauro. Angelina Lauro burnt in the port of St. Thomas, United States Virgin Islands in 1979 and Achille Lauro was hijacked by members of the Palestine Liberation Front in 1985 which put the company in financial difficulties.
| 3
|
[
"MSC Cruises",
"has part(s)",
"Explora Journeys"
] |
MSC Cruises
In 1988, Mediterranean Shipping Company (MSC) entered the cruise business by buying the liner Monterey.In 1989, MSC bought Lauro Lines. The new company was named StarLauro Cruises and had 2 ships, Monterey and Achille Lauro.In 1995, StarLauro Cruises was renamed MSC Cruises.In 2014, MSC Cruises announced that the four Lirica-class ships underwent renovation under the "Renaissance Programme".
In July 2018, the company announced that it would build a second cruise terminal at PortMiami for its World-class cruise ships as an expansion of its North American program. It is scheduled to be completed in October 2022.In October 2018, MSC announced an order for four luxury ships of 64,000 gross tons each. These ultra-luxury vessels will be based on the cruise line's luxury concept, the "MSC Yacht Club." The first ship will arrive in the spring of 2023. All ships will be built at Fincantieri.In January 2019, MSC Cruises unveiled the world’s first virtual personal cruise assistant - ZOE, an artificial intelligence device designed by Harman International. It is currently featured on MSC Bellissima and MSC Grandiosa and will be featured on future newbuilds upon their delivery.In mid 2020, MSC Cruises suspended most (or all) of their operations for over six months during the COVID-19 pandemic.On 7 January 2021, MSC had released a plan for MSC Grandiosa to start its 7-night cruises on 24 January 2021 and for MSC Magnifica to start its 10-night cruises on 14 February 2021, both in the Mediterranean. Only passengers who were residents of Schengen countries would be accepted until further notice, however.On 9 January 2021, a report stated MSC was hoping to resume some cruises in Europe in the near future but added that "it remains to be seen whether this will go ahead with much of the continent still in lockdown".In June 2021, MSC announced a new luxury brand named Explora Journeys, with four vessels planned beginning with the Explora I.In March 2022, MSC Cruises signed a multi-year deal with Formula 1 to become their official cruise partner.In January 2023, MSC Cruises announced a new multi-year partnership agreement with the New York Knicks. The deal gets MSC promotion during Knicks home games, including LED signage, virtual-on-court signage, and the opportunity to serve as the presenting partner during in-game t-shirt tosses.
| 21
|
[
"Agoda",
"country",
"Singapore"
] |
Agoda.com is an online travel agency catering primarily to consumers in the Asia-Pacific region, with headquarters in Singapore and operations in Bangkok, Thailand. Agoda facilitates reservations for lodging, flights, ground transportation, and activities. It is a subsidiary of Booking Holdings.History
Agoda was co-founded in Singapore in 2005 by school friends Michael Kenny and Robert Rosenstein. Kenny had previously launched PlanetHoliday.com and PrecisionReservations.com, which were incorporated into Agoda.In 2007, Agoda was acquired by Booking Holdings, formerly The Priceline Group.Agoda launched iOS and Android mobile apps in July 2011.After Booking Holdings acquired Israel-based startup Qlika in 2014, the Qlika team joined Agoda to automate and scale its marketing systems. In November 2014, the company opened a research center in Tel Aviv.In May 2016, Booking Holdings acquired Taipei-based startup WooMoo, the creator of POP, a mobile app that focused on prototyping. Its team relocated to Bangkok.In May 2018, CEO and co-founder Rob Rosenstein became the chairman of Agoda and a strategic advisor to Booking Holdings. John Wroughton Brown, the COO, was promoted as the new CEO of Agoda, with Chief Product Officer Omri Morgenshtern, who joined the company as part of the Qlika acquisition, named as the new COO.In November 2018, Agoda launched airport transfers via a partnership with Mozio.In September 2019, Agoda launched a brand refresh including a new logo, custom font, and cartoon mascots called Agojis based on the circles in the logo. In October 2019, flight bookings were introduced.In November 2019, Agoda launched B2B products including a white-label platform.In May 2020, Agoda announced the layoffs of 1,500 people due to the COVID-19 pandemic.In June 2022, John Brown left the position of CEO, with then-Chief Product Officer Omri Morgenshtern becoming the new CEO.
| 2
|
[
"Agoda",
"headquarters location",
"Singapore"
] |
Agoda.com is an online travel agency catering primarily to consumers in the Asia-Pacific region, with headquarters in Singapore and operations in Bangkok, Thailand. Agoda facilitates reservations for lodging, flights, ground transportation, and activities. It is a subsidiary of Booking Holdings.History
Agoda was co-founded in Singapore in 2005 by school friends Michael Kenny and Robert Rosenstein. Kenny had previously launched PlanetHoliday.com and PrecisionReservations.com, which were incorporated into Agoda.In 2007, Agoda was acquired by Booking Holdings, formerly The Priceline Group.Agoda launched iOS and Android mobile apps in July 2011.After Booking Holdings acquired Israel-based startup Qlika in 2014, the Qlika team joined Agoda to automate and scale its marketing systems. In November 2014, the company opened a research center in Tel Aviv.In May 2016, Booking Holdings acquired Taipei-based startup WooMoo, the creator of POP, a mobile app that focused on prototyping. Its team relocated to Bangkok.In May 2018, CEO and co-founder Rob Rosenstein became the chairman of Agoda and a strategic advisor to Booking Holdings. John Wroughton Brown, the COO, was promoted as the new CEO of Agoda, with Chief Product Officer Omri Morgenshtern, who joined the company as part of the Qlika acquisition, named as the new COO.In November 2018, Agoda launched airport transfers via a partnership with Mozio.In September 2019, Agoda launched a brand refresh including a new logo, custom font, and cartoon mascots called Agojis based on the circles in the logo. In October 2019, flight bookings were introduced.In November 2019, Agoda launched B2B products including a white-label platform.In May 2020, Agoda announced the layoffs of 1,500 people due to the COVID-19 pandemic.In June 2022, John Brown left the position of CEO, with then-Chief Product Officer Omri Morgenshtern becoming the new CEO.
| 3
|
[
"Agoda",
"instance of",
"travel website"
] |
Agoda.com is an online travel agency catering primarily to consumers in the Asia-Pacific region, with headquarters in Singapore and operations in Bangkok, Thailand. Agoda facilitates reservations for lodging, flights, ground transportation, and activities. It is a subsidiary of Booking Holdings.History
Agoda was co-founded in Singapore in 2005 by school friends Michael Kenny and Robert Rosenstein. Kenny had previously launched PlanetHoliday.com and PrecisionReservations.com, which were incorporated into Agoda.In 2007, Agoda was acquired by Booking Holdings, formerly The Priceline Group.Agoda launched iOS and Android mobile apps in July 2011.After Booking Holdings acquired Israel-based startup Qlika in 2014, the Qlika team joined Agoda to automate and scale its marketing systems. In November 2014, the company opened a research center in Tel Aviv.In May 2016, Booking Holdings acquired Taipei-based startup WooMoo, the creator of POP, a mobile app that focused on prototyping. Its team relocated to Bangkok.In May 2018, CEO and co-founder Rob Rosenstein became the chairman of Agoda and a strategic advisor to Booking Holdings. John Wroughton Brown, the COO, was promoted as the new CEO of Agoda, with Chief Product Officer Omri Morgenshtern, who joined the company as part of the Qlika acquisition, named as the new COO.In November 2018, Agoda launched airport transfers via a partnership with Mozio.In September 2019, Agoda launched a brand refresh including a new logo, custom font, and cartoon mascots called Agojis based on the circles in the logo. In October 2019, flight bookings were introduced.In November 2019, Agoda launched B2B products including a white-label platform.In May 2020, Agoda announced the layoffs of 1,500 people due to the COVID-19 pandemic.In June 2022, John Brown left the position of CEO, with then-Chief Product Officer Omri Morgenshtern becoming the new CEO.
| 8
|
[
"Agoda",
"instance of",
"business"
] |
Agoda.com is an online travel agency catering primarily to consumers in the Asia-Pacific region, with headquarters in Singapore and operations in Bangkok, Thailand. Agoda facilitates reservations for lodging, flights, ground transportation, and activities. It is a subsidiary of Booking Holdings.History
Agoda was co-founded in Singapore in 2005 by school friends Michael Kenny and Robert Rosenstein. Kenny had previously launched PlanetHoliday.com and PrecisionReservations.com, which were incorporated into Agoda.In 2007, Agoda was acquired by Booking Holdings, formerly The Priceline Group.Agoda launched iOS and Android mobile apps in July 2011.After Booking Holdings acquired Israel-based startup Qlika in 2014, the Qlika team joined Agoda to automate and scale its marketing systems. In November 2014, the company opened a research center in Tel Aviv.In May 2016, Booking Holdings acquired Taipei-based startup WooMoo, the creator of POP, a mobile app that focused on prototyping. Its team relocated to Bangkok.In May 2018, CEO and co-founder Rob Rosenstein became the chairman of Agoda and a strategic advisor to Booking Holdings. John Wroughton Brown, the COO, was promoted as the new CEO of Agoda, with Chief Product Officer Omri Morgenshtern, who joined the company as part of the Qlika acquisition, named as the new COO.In November 2018, Agoda launched airport transfers via a partnership with Mozio.In September 2019, Agoda launched a brand refresh including a new logo, custom font, and cartoon mascots called Agojis based on the circles in the logo. In October 2019, flight bookings were introduced.In November 2019, Agoda launched B2B products including a white-label platform.In May 2020, Agoda announced the layoffs of 1,500 people due to the COVID-19 pandemic.In June 2022, John Brown left the position of CEO, with then-Chief Product Officer Omri Morgenshtern becoming the new CEO.
| 10
|
[
"Agoda",
"parent organization",
"Booking Holdings"
] |
Agoda.com is an online travel agency catering primarily to consumers in the Asia-Pacific region, with headquarters in Singapore and operations in Bangkok, Thailand. Agoda facilitates reservations for lodging, flights, ground transportation, and activities. It is a subsidiary of Booking Holdings.History
Agoda was co-founded in Singapore in 2005 by school friends Michael Kenny and Robert Rosenstein. Kenny had previously launched PlanetHoliday.com and PrecisionReservations.com, which were incorporated into Agoda.In 2007, Agoda was acquired by Booking Holdings, formerly The Priceline Group.Agoda launched iOS and Android mobile apps in July 2011.After Booking Holdings acquired Israel-based startup Qlika in 2014, the Qlika team joined Agoda to automate and scale its marketing systems. In November 2014, the company opened a research center in Tel Aviv.In May 2016, Booking Holdings acquired Taipei-based startup WooMoo, the creator of POP, a mobile app that focused on prototyping. Its team relocated to Bangkok.In May 2018, CEO and co-founder Rob Rosenstein became the chairman of Agoda and a strategic advisor to Booking Holdings. John Wroughton Brown, the COO, was promoted as the new CEO of Agoda, with Chief Product Officer Omri Morgenshtern, who joined the company as part of the Qlika acquisition, named as the new COO.In November 2018, Agoda launched airport transfers via a partnership with Mozio.In September 2019, Agoda launched a brand refresh including a new logo, custom font, and cartoon mascots called Agojis based on the circles in the logo. In October 2019, flight bookings were introduced.In November 2019, Agoda launched B2B products including a white-label platform.In May 2020, Agoda announced the layoffs of 1,500 people due to the COVID-19 pandemic.In June 2022, John Brown left the position of CEO, with then-Chief Product Officer Omri Morgenshtern becoming the new CEO.
| 11
|
[
"Agoda",
"instance of",
"hotel booking website"
] |
Agoda.com is an online travel agency catering primarily to consumers in the Asia-Pacific region, with headquarters in Singapore and operations in Bangkok, Thailand. Agoda facilitates reservations for lodging, flights, ground transportation, and activities. It is a subsidiary of Booking Holdings.History
Agoda was co-founded in Singapore in 2005 by school friends Michael Kenny and Robert Rosenstein. Kenny had previously launched PlanetHoliday.com and PrecisionReservations.com, which were incorporated into Agoda.In 2007, Agoda was acquired by Booking Holdings, formerly The Priceline Group.Agoda launched iOS and Android mobile apps in July 2011.After Booking Holdings acquired Israel-based startup Qlika in 2014, the Qlika team joined Agoda to automate and scale its marketing systems. In November 2014, the company opened a research center in Tel Aviv.In May 2016, Booking Holdings acquired Taipei-based startup WooMoo, the creator of POP, a mobile app that focused on prototyping. Its team relocated to Bangkok.In May 2018, CEO and co-founder Rob Rosenstein became the chairman of Agoda and a strategic advisor to Booking Holdings. John Wroughton Brown, the COO, was promoted as the new CEO of Agoda, with Chief Product Officer Omri Morgenshtern, who joined the company as part of the Qlika acquisition, named as the new COO.In November 2018, Agoda launched airport transfers via a partnership with Mozio.In September 2019, Agoda launched a brand refresh including a new logo, custom font, and cartoon mascots called Agojis based on the circles in the logo. In October 2019, flight bookings were introduced.In November 2019, Agoda launched B2B products including a white-label platform.In May 2020, Agoda announced the layoffs of 1,500 people due to the COVID-19 pandemic.In June 2022, John Brown left the position of CEO, with then-Chief Product Officer Omri Morgenshtern becoming the new CEO.
| 12
|
[
"Mercedes-Benz Group",
"headquarters location",
"Stuttgart"
] |
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group as part of a transaction that spun-off its commercial vehicle segment as an independent company, Daimler Truck.
The Mercedes-Benz Group's marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach) and Smart. It has shares in other vehicle manufacturers such as Daimler Truck, Denza, BAIC Motor and Aston Martin.
By unit sales, the Mercedes-Benz Group is the thirteenth-largest car manufacturer. The group provides financial services through its Mercedes-Benz Mobility arm. The company is a component of the Euro Stoxx 50 stock market index. The central company headquarters, the Mercedes-Benz offices, a car assembly plant, the Mercedes-Benz Museum and the Mercedes-Benz Arena are situated in the Mercedes-Benz complex in Stuttgart.
| 3
|
[
"Mercedes-Benz Group",
"follows",
"Maybach"
] |
Mercedes-Benz Cars
Mercedes-Benz
Mercedes-AMG – High performance vehicles
Mercedes-Maybach – Introduced November 2014
Smart
Share Now
Maybach – production ended in 2012, but the ultra-high end S-class and GLS-class is sold as Mercedes-Maybach
Mercedes-Benz Vans
Mercedes-Benz (vans group)
Mercedes-Benz Mobility
Mercedes-Benz Bank
Mercedes-Benz Financial Services
Others
Mercedes AMG High Performance Powertrains (builds engines for Formula One racing)
| 9
|
[
"Mercedes-Benz Group",
"owned by",
"Li Shufu"
] |
2019 shareholder structure according to the BaFin
According to the German Securities Trading Act (Wertpapierhandelsgesetz, WpHG) paragraph § 38 owner of rights like financial options to buy common shares with voting rights have to be reported in case certain threshold values are achieved. These owners must report the sum of owned common shares and potential rights to buy additional shares.The German Federal Financial Supervisory Authority (BaFin) reports the following shareholder structure based on § 39 WpHG, (Date: Tuesday, 19 November 2019):
Bank of America Corporation: 20.25%
BlackRock, Inc.: 5.09%
Harris Associates L.P.: 4.93%
Li Shufu with Tenaciou3 Prospect Investment Limited: 9.69%
Morgan Stanley: 5.7%
People's Republic of China: 5%
| 16
|
[
"Mercedes-Benz Group",
"owner of",
"Mitsubishi Fuso Truck and Bus Corporation"
] |
89.29% Mitsubishi Fuso Truck and Bus Corporation of Japan
50% Denza (Shenzhen BYD Daimler New Technology Co., Ltd)
12% Beijing Automotive Group (BAIC)
15% KAMAZ of Russia
20% Aston Martin LagondaUntil the end of 2011, the company had also held shares in McLaren Group.
Daimler held 25% of MV Agusta of Italy until 2017.
Daimler sold its 50% stake in Engine Holding, to its joint venture partner, Rolls-Royce Holdings in 2014. It is now called Rolls-Royce Power Systems AG.
Daimler used to own 50.1% Automotive Fuel Cell Cooperation of Canada but the joint venture was closed in 2018.
| 20
|
[
"Mercedes-Benz Group",
"industry",
"automotive industry"
] |
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group as part of a transaction that spun-off its commercial vehicle segment as an independent company, Daimler Truck.
The Mercedes-Benz Group's marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach) and Smart. It has shares in other vehicle manufacturers such as Daimler Truck, Denza, BAIC Motor and Aston Martin.
By unit sales, the Mercedes-Benz Group is the thirteenth-largest car manufacturer. The group provides financial services through its Mercedes-Benz Mobility arm. The company is a component of the Euro Stoxx 50 stock market index. The central company headquarters, the Mercedes-Benz offices, a car assembly plant, the Mercedes-Benz Museum and the Mercedes-Benz Arena are situated in the Mercedes-Benz complex in Stuttgart.DaimlerChrysler AG (1998–2007)
Jürgen E. Schrempp (1998–2006)
Robert James Eaton (co-CEO, 1998–2000)
Dieter Zetsche (2006–2007)Daimler AG (2007–2022)
Dieter Zetsche (2007–2019)
Ola Källenius (2019–2022)Mercedes-Benz Group AG (2022–present)
Ola Källenius (2022–present)Financial data
North Charleston expansion
On 5 March 2015, Daimler AG announced a 1,200-job package to the North Charleston region for its van plant, to allow the company to start manufacturing Mercedes-Benz Sprinter vans from scratch to meet demand in North America. From 2010, these vans were set up in Germany, then shipped to the United States partially disassembled for reassembly to avoid import tariffs. A Daimler official said that the Sprinter's popularity in North America was making that process less efficient. The North Charleston plant had been employing only 100 workers. The Sprinter is available on the U.S. market as a panel van, crew bus and chassis in several variants with three lengths and roof heights, six-cylinder diesel or gasoline engines. The Sprinter has been assembled and sold in the United States since 2001.
| 49
|
[
"Mercedes-Benz Group",
"owner of",
"Mercedes-Benz"
] |
2022–present: Mercedes-Benz Group
On 28 January 2022, CEO Ola Källenius announced that Daimler will be rebranded as Mercedes-Benz to pursue a higher valuation for the company as it shifts deeper into high-tech electric vehicles. On 1 February 2022, Daimler officially changed its registered company name to Mercedes-Benz Group AG.
| 54
|
[
"Mercedes-Benz Group",
"has subsidiary",
"Daimler Truck"
] |
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie. and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon acquiring the American automobile manufacturer Chrysler Corporation in 1998, and was again renamed Daimler AG upon divestment of Chrysler in 2007. In 2021, Daimler AG was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group as part of a transaction that spun-off its commercial vehicle segment as an independent company, Daimler Truck.
The Mercedes-Benz Group's marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach) and Smart. It has shares in other vehicle manufacturers such as Daimler Truck, Denza, BAIC Motor and Aston Martin.
By unit sales, the Mercedes-Benz Group is the thirteenth-largest car manufacturer. The group provides financial services through its Mercedes-Benz Mobility arm. The company is a component of the Euro Stoxx 50 stock market index. The central company headquarters, the Mercedes-Benz offices, a car assembly plant, the Mercedes-Benz Museum and the Mercedes-Benz Arena are situated in the Mercedes-Benz complex in Stuttgart.
| 61
|
[
"Mercedes-Benz Group",
"topic's main category",
"Category:Mercedes-Benz Group"
] |
Brands
The Mercedes-Benz Group sells automobiles under the following brands worldwide:Mercedes-Benz Cars
Mercedes-Benz
Mercedes-AMG – High performance vehicles
Mercedes-Maybach – Introduced November 2014
Smart
Share Now
Maybach – production ended in 2012, but the ultra-high end S-class and GLS-class is sold as Mercedes-Maybach
Mercedes-Benz Vans
Mercedes-Benz (vans group)
Mercedes-Benz Mobility
Mercedes-Benz Bank
Mercedes-Benz Financial Services
Others
Mercedes AMG High Performance Powertrains (builds engines for Formula One racing)
| 94
|
[
"Renault",
"product or material produced",
"motor car"
] |
Groupe Renault (UK: REN-oh, US: rə-NAWLT, rə-NOH, French: [ɡʁup ʁəno], also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans and in the past, has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles.
According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles.Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport (Gordini), Automobile Dacia from Romania, and Renault Korea Motors from South Korea. Renault has a 43.4% stake with several votes in Nissan of Japan and used to have a 1.55% stake in Daimler AG of Germany, which it sold off in early 2021 to help them overcome financial difficulties. (Since 2012, Renault has manufactured engines for Daimler's Mercedes A-Class and B-Class cars and is also fully involved in manufacturing the Mercedes-Benz Citan van). Renault also owns subsidiaries RCI Banque (automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). Renault has various joint ventures, including Oyak-Renault (Turkey) and Renault Pars (Iran). The French state owns a 15% share of Renault.Renault Trucks, previously known as Renault Véhicules Industriels, has been part of Volvo since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008. Renault's shareholding in AvtoVAZ is being divested to the Government of Russia as an effect of the ongoing Russian invasion of Ukraine.
Together Renault and Nissan invested €4 billion (US$5.16 billion) in eight electric vehicles over three to four years beginning in 2011. Since the launch of the Renault electric program, the group has sold more than 273,000 electric vehicles worldwide through December 2019.Renault is known for its role in motor sport, particularly rallying, Formula 1 and Formula E. Its early work on mathematical curve modeling for car bodies is important in the history of computer graphics.
| 2
|
[
"Renault",
"has subsidiary",
"Dacia"
] |
Modern era (1972–1980)
The company's compact and economical Renault 5 model, launched in January 1972, was another success, anticipating the 1973 energy crisis. Throughout the 1970s the R4, R5, R6, R12, R15, R16, and R17 maintained Renault's production with new models including the Renault 18 and Renault 20.
During the mid-seventies, the already broad-based company diversified into more industries and continued to expand globally, including South East Asia. The energy crisis led Renault to again attempt to attack the North American market. Despite the Dauphine's success in the United States in the late 1950s and an unsuccessful assembly project in Saint-Bruno-de-Montarville, Quebec (1964–72), Renault began to disappear from North America at the end of the decade.
Renault acquired a controlling stake in Automobiles Alpine in 1973, and over the decades, Renault developed a collaborative partnership with Nash Motors Rambler and its successor American Motors Corporation (AMC). From 1962 until 1967, Renault assembled complete knock down (CKD) kits of the Rambler Classic sedans in its factory in Belgium. Renault did not have large or luxury cars in its product line and the "Rambler Renault" was positioned as an alternative to the Mercedes-Benz "Fintail" cars. Later, Renault continued to make and sell a hybrid of AMC's Rambler American and Rambler Classic called the Renault Torino in Argentina (sold through IKA-Renault). Renault partnered with AMC on other projects, such as a rotary concept engine in the late 1960s.
In the late 1960s and 1970s, the company established subsidiaries in Eastern Europe, most notably Dacia in Romania, and South America (many of which remain active) and forged technological cooperation agreements with Volvo and Peugeot, (for instance, for the development of the PRV V6 engine, which was used in Renault 30, Peugeot 604, and Volvo 260 in the late 1970s).Subsidiaries and alliances
Subsidiaries
Dacia
In 1999, Renault acquired a 51% controlling stake from the Romanian-based manufacturer Automobile Dacia, which was later increased to 99.43%. As part of the Renault group, Dacia is a regional marque of entry-levels cars focused on Europe and Northern Africa which shares various models with the Renault marque.
| 14
|
[
"Renault",
"headquarters location",
"Boulogne-Billancourt"
] |
Groupe Renault (UK: REN-oh, US: rə-NAWLT, rə-NOH, French: [ɡʁup ʁəno], also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans and in the past, has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles.
According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles.Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport (Gordini), Automobile Dacia from Romania, and Renault Korea Motors from South Korea. Renault has a 43.4% stake with several votes in Nissan of Japan and used to have a 1.55% stake in Daimler AG of Germany, which it sold off in early 2021 to help them overcome financial difficulties. (Since 2012, Renault has manufactured engines for Daimler's Mercedes A-Class and B-Class cars and is also fully involved in manufacturing the Mercedes-Benz Citan van). Renault also owns subsidiaries RCI Banque (automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). Renault has various joint ventures, including Oyak-Renault (Turkey) and Renault Pars (Iran). The French state owns a 15% share of Renault.Renault Trucks, previously known as Renault Véhicules Industriels, has been part of Volvo since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008. Renault's shareholding in AvtoVAZ is being divested to the Government of Russia as an effect of the ongoing Russian invasion of Ukraine.
Together Renault and Nissan invested €4 billion (US$5.16 billion) in eight electric vehicles over three to four years beginning in 2011. Since the launch of the Renault electric program, the group has sold more than 273,000 electric vehicles worldwide through December 2019.Renault is known for its role in motor sport, particularly rallying, Formula 1 and Formula E. Its early work on mathematical curve modeling for car bodies is important in the history of computer graphics.
| 19
|
[
"Renault",
"location of formation",
"Boulogne-Billancourt"
] |
Groupe Renault (UK: REN-oh, US: rə-NAWLT, rə-NOH, French: [ɡʁup ʁəno], also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans and in the past, has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles.
According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles.Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport (Gordini), Automobile Dacia from Romania, and Renault Korea Motors from South Korea. Renault has a 43.4% stake with several votes in Nissan of Japan and used to have a 1.55% stake in Daimler AG of Germany, which it sold off in early 2021 to help them overcome financial difficulties. (Since 2012, Renault has manufactured engines for Daimler's Mercedes A-Class and B-Class cars and is also fully involved in manufacturing the Mercedes-Benz Citan van). Renault also owns subsidiaries RCI Banque (automotive financing), Renault Retail Group (automotive distribution) and Motrio (automotive parts). Renault has various joint ventures, including Oyak-Renault (Turkey) and Renault Pars (Iran). The French state owns a 15% share of Renault.Renault Trucks, previously known as Renault Véhicules Industriels, has been part of Volvo since 2001. Renault Agriculture became 100% owned by German agricultural equipment manufacturer CLAAS in 2008. Renault's shareholding in AvtoVAZ is being divested to the Government of Russia as an effect of the ongoing Russian invasion of Ukraine.
Together Renault and Nissan invested €4 billion (US$5.16 billion) in eight electric vehicles over three to four years beginning in 2011. Since the launch of the Renault electric program, the group has sold more than 273,000 electric vehicles worldwide through December 2019.Renault is known for its role in motor sport, particularly rallying, Formula 1 and Formula E. Its early work on mathematical curve modeling for car bodies is important in the history of computer graphics.Financial data
Corporate governance
Renault's head office is in Boulogne-Billancourt. The head office is located near the old Renault factories; Renault has maintained a historical presence in Boulogne-Billancourt since the company's opening in 1898.Renault is administered through a board of directors, an executive committee and a management committee. As of January 2019, members of the 19-seat board include Jean-Dominique Senard (as chairman), Cherie Blair, Catherine Barba and Pascale Sourisse. Clotilde Delbos is the acting CEO.
| 22
|
[
"Renault",
"part of",
"Renault–Nissan–Mitsubishi Alliance"
] |
Manufacturing subsidiaries
French factories
Manufacturing subsidiaries outside France
Alliances
Renault–Nissan–Mitsubishi
Renault has a 43.4% stake in Nissan, and Nissan holds a 15% stake (with no voting rights) in Renault, thereby giving it effective control. Renault has a 50% stake in the joint venture Renault-Nissan b.v., which was established to manage the Renault-Nissan alliance. The company is responsible for the management of two joint companies, RNPO (Renault Nissan Purchasing Organization) and RNIS (Renault-Nissan Information Services). Combined vehicle sales in 2008 reached 6.9 million (including AvtoVAZ), making the Renault-Nissan Alliance the world's third-largest automotive group.As well as sharing engines and joint-development of zero-emissions technology, Nissan increased its presence in Europe by badging various Renault van models such as the Renault Kangoo/Nissan Kubistar, Renault Master/Nissan Interstar and the Renault Trafic/Nissan Primastar. Some passenger cars have also been badge-engineered, such as the Renault Clio-based Nissan Platina in Brazil. The "Renault Production System" standard used by all Renault factories borrowed extensively from the "Nissan Production Way" and resulted in Renault productivity improving by 15%. The alliance led to the loss of 21,000 jobs, and the closure of three assemby and two powertrain plants.In March 2010 the Renault-Nissan alliance opened its first joint facility in Chennai, India, investing 45 billion rupees (US$991.1 million). The facility builds the Nissan Micra. The Renault Fluence and Renault Koleos are intended to be assembled there from completely knocked-down units. As a result of opening its own factory, Renault ended its five-year Mahindra Renault joint venture with Mahindra & Mahindra company to make and sell the Renault Logan in India.
| 24
|
[
"Renault",
"chairperson",
"Jean-Dominique Senard"
] |
Privatisation and the alliance era (1996–2019)
It was eventually decided that the company's state-owned status was a detriment. By 1994, plans to sell shares to public investors were officially announced. The company was privatised in 1996. This new freedom allowed the company to venture once again into markets in Eastern Europe and South America, including a new factory in Brazil and upgrades for its infrastructure in Argentina and Turkey. In December 1996, General Motors Europe and Renault begun to collaborate in the development of LCVs, starting with the second generation Trafic (codenamed X83).Renault's financial problems were not all fixed by the privatisation, and Renault's president, Louis Schweitzer gave to his then deputy, Carlos Ghosn, the task of confronting them. Ghosn elaborated a plan to cut costs for the period 1998–2000, reducing the workforce, revising production processes, standardising vehicle parts and pushing the launch of new models. The company also undertook organisational changes, introducing a lean production system with delegate responsibilities inspired by Japanese systems (the "Renault Production Way"), reforming work methods, and centralising research and development at its Technocentre to reduce vehicle conception costs while accelerating such conception.After Volvo's exit, Renault searched for a new partner to cope with an industry that was consolidating. Talks with BMW, Mitsubishi, Nissan, PSA and others were held and yielded a relationship with Nissan, whose negotiations with Daimler had stalled. Starting on 27 March 1999, the Renault–Nissan Alliance is the first of its kind involving a Japanese and a French company, including cross-ownership. Renault initially acquired a 36.8% stake at a cost of £2.7 billion in Nissan, while Nissan, in turn, took a 15% non-voting stake in Renault. Renault continued to operate as a stand-alone company, but with the intent to collaborate with its alliance partner to reduce costs. The same year, Renault bought a 51% majority stake of the Romanian company Dacia for £408.5 million, thus returning after 30 years, in which time the Romanians had built over 2 million cars that primarily consisted of local versions of the Renault 8, 12 and 20. In 2000, Renault acquired a controlling stake of the newly formed South Korean Samsung Group's automotive division for £59.5 million.In Japan, Renault was formerly licensed by Yanase Co, Japan's premier seller of imported cars. However, as a result of Renault's purchase of an interest in Nissan in 1999, Yanase cancelled its licensing contract with Renault in the spring of 2000, and Nissan took over as the sole licensee, hence sales of Renault vehicles in Japan were transferred from Yanase Store locations to Nissan Red Stage Store locations.
In the late 1990s and early 2000s, Renault sold various assets to finance its inversions and acquisitions, refocusing itself as a car and van manufacturer. In 1999, the company sold its industrial automation subsidiary, Renault Automation, to Comau and its engine parts division to TWR Engine Components. In 2001, Renault sold its 50% stake in bus/coach manufacturer Irisbus to co-owner Iveco and its logistics subsidiary, CAT France, to Global Automotive Logistics. Following the sale of Renault Véhicules Industriels to Volvo in 2001, the company retained a minority (but controlling) stake (20%) in the Volvo Group. In 2010 Renault reduced its shareholding to 6.5% and in December 2012 sold its remaining shares. In 2004, Renault sold a 51% majority stake in its agricultural machinery division, Renault Agriculture, to CLAAS. In 2006, CLAAS increased its ownership to 80% and in 2008 took full control.In the twenty-first century, Renault developed a reputation for distinctive, outlandish design. The second generation of the Laguna and Mégane featured ambitious, angular designs that turned out to be successful, The 2000 Laguna was the second European car to feature "keyless" entry and ignition. Less successful were the company's more upmarket models. The Avantime, a unique coupé multi-purpose vehicle, sold poorly and was quickly discontinued while the luxury Vel Satis model also disappointed. However, the design inspired the lines of the second-generation Mégane, the maker's most successful car. As well as its distinctive styling, Renault was to become known for its car safety by the independent company Euro NCAP Thus, in 2001, the Laguna achieved a five-star rating, followed in 2004 by the Modus, and acquired control of AvtoVAZ in 2008.In April 2010, Renault–Nissan announced an alliance with Daimler. Renault supplied Mercedes-Benz with its brand new 1.6-litre turbo-diesel engine and Mercedes-Benz provided a 2.0 litre four-cylinder petrol engine to Renault–Nissan. The resulting new alliance was to develop a replacement for the Smart based on the Twingo.In February 2010, Renault opened a new production factory near Tangier, Morocco, with an annual output capacity of 170,000 vehicles. Initially, it manufactured the Dacia Lodgy and Dacia Dokker models followed in October 2013 by the second generation Dacia Sandero. The output capacity increased to 340,000 vehicles per year with the inauguration of a second production line. The site is located in a dedicated free trade area, neighboring Tanger Automotive City. According to Renault, the new factory emits zero carbon and industrial liquid discharges. Over 100,000 vehicles were produced there in 2013. Renault expects to eventually increase production at the Tangier plant to 400,000 vehicles per year.In the 2010s, Renault increased its efforts to gain market share in the Chinese market. In 2013, it formed a joint venture with Dongfeng Motor Group named as Dongfeng Renault, based on a failed previous venture with the Chinese company Sanjiang. In December 2017, it signed an agreement with Brilliance Auto to create a new joint venture (Renault Brilliance Jinbei) aimed at producing light commercial vehicles and minivans under the Renault, Jinbei and Huasong marques. In December 2018, Renault announced it would acquire a "significant" stake in JMCG's electric vehicle subsidiary JMEV. In July 2019, Renault took a 50% majority stake from JMEV through capital increase. In April 2020, Renault announced it planned to withdraw from the Dongfeng Renault venture, transferring its stake to Dongfeng.In December 2012, the Algeria's National Investment Fund (FNI), the Société Nationale de Véhicules Industriels (SNVI), and Renault signed an agreement to establish a factory near the city of Oran, Algeria, with the aim of manufacturing Symbol units from 2014 onwards. The production output was estimated at 25,000 vehicles. The Algerian State has a 51% stake in the facility.In September 2013, Renault launched its brand in Indonesia, the world's fourth most populous country, with the aim of becoming one of the top European brands there until 2016. The model range at the time of the launch consisted of the Duster (locally assembled), the Koleos and the Mégane RS. Later, the Clio and the Captur were also added.In April 2015, the French government upped their stake in Renault from 15% to 19.73% with the aim of blocking a resolution at the next annual general meeting that could reduce its control over the company. In 2017, the government sold back shares and returned to a 15% stake as agreed with Renault.During 2016, Renault changed position on the viability of small (B-segment) diesel cars in Europe, as they become significantly more expensive when re-engineered to comply with new emissions regulations as a result of the Volkswagen emissions scandal. Renault believes that all small and some mid-size (C-segment) will no longer be diesels by 2020. However, on Friday, 13 January 2017, Renault shares fell as the Paris prosecutor started an investigation into possible exhaust emissions cheating. The company later recalled 15,000 cars for emission testing and fixing. Renault, along with several other automobile companies, has been accused of manipulating the measurement equipment for NOx pollution from diesel cars. Independent tests carried out by the German car club ADAC proved that, under normal driving conditions, diesel vehicles, including the Renault Espace, exceeded legal European emission limits for nitrogen oxide (NOx) by more than 10 times. Renault denied any foul play, stating compliance with French and European standards.In November 2018, Renault's CEO Ghosn was arrested by Japanese officials for allegedly underreporting his Nissan's salary, following an internal review conducted by the Japanese company. Renault traded shares fell more than 15% after the arrest was known. After Ghosn's arrest, the chief operating officer and company deputy chief Thierry Bolloré became the acting CEO and the board director Philippe Lagayette the acting chairman. In January 2019, following Ghosn's resignation, Renault announced it had appointed Jean-Dominique Senard as chairman and the acting CEO Bolloré as CEO. In October 2019, Bolloré was fired and replaced by Renault's CFO Clotilde Delbos as acting CEO. Bolloré said his dismissal was a "coup" by Senard. In January 2020, Renault announced it had named Italian Luca de Meo as its new CEO, with him taking his post on 1 July. Delbos was named as his deputy.Financial data
Corporate governance
Renault's head office is in Boulogne-Billancourt. The head office is located near the old Renault factories; Renault has maintained a historical presence in Boulogne-Billancourt since the company's opening in 1898.Renault is administered through a board of directors, an executive committee and a management committee. As of January 2019, members of the 19-seat board include Jean-Dominique Senard (as chairman), Cherie Blair, Catherine Barba and Pascale Sourisse. Clotilde Delbos is the acting CEO.
| 26
|
[
"Renault",
"founded by",
"Louis Renault"
] |
History
Founding and early years (1898–1918)
The Renault corporation was founded on 25 February 1899 (1899-02-25) as Société Renault Frères by Louis Renault and his brothers Marcel and Fernand. Louis was a bright, aspiring young engineer who had already designed and built several prototypes before teaming up with his brothers, who had honed their business skills working for their father's textile firm. While Louis handled design and production, Marcel and Fernand managed the business.The first Renault car, the Renault Voiturette 1CV, was sold to a friend of Louis' father after giving him a test ride on 24 December 1898.
| 28
|
[
"Renault",
"named after",
"Louis Renault"
] |
History
Founding and early years (1898–1918)
The Renault corporation was founded on 25 February 1899 (1899-02-25) as Société Renault Frères by Louis Renault and his brothers Marcel and Fernand. Louis was a bright, aspiring young engineer who had already designed and built several prototypes before teaming up with his brothers, who had honed their business skills working for their father's textile firm. While Louis handled design and production, Marcel and Fernand managed the business.The first Renault car, the Renault Voiturette 1CV, was sold to a friend of Louis' father after giving him a test ride on 24 December 1898.In 1903, Renault began to manufacture its own engines; until then it had purchased them from De Dion-Bouton. The first major volume sale came in 1905 when Société des Automobiles de Place bought Renault AG1 cars to establish a fleet of taxis. These vehicles were later used by the French military to transport troops during World War I which earned them the nickname "Taxi de la Marne." By 1907, a significant percentage of London and Paris taxis had been built by Renault. Renault was also the best-selling foreign brand in New York in 1907 and 1908. In 1908 the company produced 3,575 units, becoming the country's largest car manufacturer.The brothers recognised the value of publicity that participation in motor racing could generate for their vehicles. Renault made itself known through succeeding in the first city-to-city races held in Switzerland, producing rapid sales growth. Both Louis and Marcel raced company vehicles, but Marcel was killed in an accident during the 1903 Paris-Madrid race. Although Louis never raced again, his company remained very involved, including Ferenc Szisz winning the first Grand Prix motor racing event in a Renault AK 90CV in 1906.
Louis took full control of the company as the only remaining brother in 1906 when Fernand retired for health reasons. Fernand died in 1909 and Louis became the sole owner, renaming the company Société des Automobiles Renault (Renault Automobile Company).Renault fostered its reputation for innovation from very early on. At the time, cars were luxury items manufactured without assembly line advances. The price of the smallest Renaults at the time was 3000 francs (₣); an amount equal to ten years pay for the average worker. In 1905, the company introduced mass production techniques and Taylorism in 1913. In 1911, Renault visited Henry Ford at the Highland Park factory and adopted some of the manufacturing principles from his trip.Renault manufactured buses and commercial cargo vehicles in the pre-war years. The first real commercial truck from the company was introduced in 1906. During World War I, it branched out into ammunition, military aircraft engines (the first Rolls-Royce aircraft engines were modeled and inspired by Renault air-cooled aircraft V8 units) and vehicles such as the revolutionary Renault FT tank. The company's military designs were so successful that Louis was awarded the Legion of Honour for his company's contributions. The company exported engines to American automobile manufacturers for use in such automobiles as the GJG, which used a Renault 26 horsepower (19 kW) or 40 hp (30 kW) four-cylinder engine.
| 29
|
[
"Renault",
"instance of",
"enterprise"
] |
History
Founding and early years (1898–1918)
The Renault corporation was founded on 25 February 1899 (1899-02-25) as Société Renault Frères by Louis Renault and his brothers Marcel and Fernand. Louis was a bright, aspiring young engineer who had already designed and built several prototypes before teaming up with his brothers, who had honed their business skills working for their father's textile firm. While Louis handled design and production, Marcel and Fernand managed the business.The first Renault car, the Renault Voiturette 1CV, was sold to a friend of Louis' father after giving him a test ride on 24 December 1898.
| 30
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.