Metallgesellschaft AG History
Address:
Reuterweg 14
D-60271 Frankfurt am Main
Germany
Telephone: (69) 159-0
Fax: (69) 159-2125
Public Company
Incorporated: 1881
Employees: 23,378
Sales: DM 17.64 billion (1994/95)
Stock Exchanges: Berlin Düsseldorf Frankfurt Hamburg Stuttgart
SICs: 1081 Metal Mining Services; 2899 Chemicals & Chemical Preparations, Not Elsewhere Classified; 3089 Plastic Products, Not Elsewhere Classified; 3433 Heating Equipment, Except Electrical & Warm Air Furnaces; 3494 Valves & Pipe Fittings, Not Elsewhere Classified; 3567 Industrial Process Furnaces & Ovens; 3714 Motor Vehicle Parts & Accessories; 4412 Deep Sea Freight Transportation-Foreign; 5051 Metals Service Centers & Offices; 8712 Architectural Services
Company Perspectives:
The 12 Guiding Principles of Metallgesellschaft: 1. We increase our earning power and financial strength through market orientation and cost-consciousness. 2. We increase the value of our company for our shareholders. 3. We concentrate on our core business areas. 4. We act according to our objectives within the scope of our strategic orientation. 5. We want to be among the leaders in our international markets. 6. Our customers pay our wages and salaries. Therefore we place them at the centre of our thoughts and actions. 7. We promote the ideas and initiative of all our staff. 8. Our objective is constant quality improvement. 9. We desire effective communication and welcome objective criticism. 10. We develop our staff and executives in accordance with our corporate commitment. 11. We are active innovators while preserving meaningful traditions. 12. We are a company which is aware of its responsibilities in our society and to the environment.
Company History:
Metallgesellschaft AG (MG), based in the heart of Frankfurt since its foundation, is a conglomerate providing raw materials and technological services. It is divided into five branches: trade, finance, engineering and contracting, chemicals, and building technology. On the brink of bankruptcy in early 1994 because of huge losses incurred from oil-futures and derivatives trading, MG bounced back to profitability in the 1994/95 fiscal year but still faces an uncertain future.
Metallgesellschaft AG History
Address:
Reuterweg 14
D-60271 Frankfurt am Main
Germany
Telephone: (69) 159-0
Fax: (69) 159-2125
Public Company
Incorporated: 1881
Employees: 23,378
Sales: DM 17.64 billion (1994/95)
Stock Exchanges: Berlin Düsseldorf Frankfurt Hamburg Stuttgart
SICs: 1081 Metal Mining Services; 2899 Chemicals & Chemical Preparations, Not Elsewhere Classified; 3089 Plastic Products, Not Elsewhere Classified; 3433 Heating Equipment, Except Electrical & Warm Air Furnaces; 3494 Valves & Pipe Fittings, Not Elsewhere Classified; 3567 Industrial Process Furnaces & Ovens; 3714 Motor Vehicle Parts & Accessories; 4412 Deep Sea Freight Transportation-Foreign; 5051 Metals Service Centers & Offices; 8712 Architectural Services
Company Perspectives:
The 12 Guiding Principles of Metallgesellschaft: 1. We increase our earning power and financial strength through market orientation and cost-consciousness. 2. We increase the value of our company for our shareholders. 3. We concentrate on our core business areas. 4. We act according to our objectives within the scope of our strategic orientation. 5. We want to be among the leaders in our international markets. 6. Our customers pay our wages and salaries. Therefore we place them at the centre of our thoughts and actions. 7. We promote the ideas and initiative of all our staff. 8. Our objective is constant quality improvement. 9. We desire effective communication and welcome objective criticism. 10. We develop our staff and executives in accordance with our corporate commitment. 11. We are active innovators while preserving meaningful traditions. 12. We are a company which is aware of its responsibilities in our society and to the environment.
Company History:
Metallgesellschaft AG (MG), based in the heart of Frankfurt since its foundation, is a conglomerate providing raw materials and technological services. It is divided into five branches: trade, finance, engineering and contracting, chemicals, and building technology. On the brink of bankruptcy in early 1994 because of huge losses incurred from oil-futures and derivatives trading, MG bounced back to profitability in the 1994/95 fiscal year but still faces an uncertain future.
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