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The MAN AG (engine works Augsburg Nuremberg AG) is one of the prominent vehicle and mechanical engineering enterprises in Europe with seat in Munich. It employs world-wide about 50,000 coworkers with an annual conversion of 13 billion euro, of it 75% abroad. The divisions of the MAN ONES are commercial motor vehicles, diesel engines, turbomachines and industrial services. The MAN AG is member in the German share index DAX of the 30 prominent German corporations.
The MAN AG exists in its current form as holding company, since in the year 1986 the company M.A.N was merged on the property hope hut share association AG.
1898 fused the mechanical engineering AG Nuremberg (1841 based) and engine works Augsburg AG (1840 based) to united engine works Augsburg and mechanical engineering company Nuremberg A.G., Augsburg. 1908 took place renaming into engine works Augsburg Nuremberg AG, Augsburg (M.A.N.).
Rudolf Diesel built 1897 with engine works at that time Augsburg the first functional and after it designated diesel engine.
MAN ONE was to 1990 manufacturers of rail-mounted vehicles. Since 1986 this branch under the name MAN property hope hut rail traffic technology AG firmierte. Were produced for example rail penalty for the German Federal Railroads and private railway companies as well as underground and streetcar cars for example for the residents of Munich public transport company and of Bremen the streetcar AG. 1990 sold its rail-mounted vehicle section to MAN ONES at AEG. Already during 2. World war were manufactured by MAN tractors. After the war MAN ONE already briefly built the first all wheel tractors, as 325 for one. In the year 1963 the production today of the relatively desired tractors was stopped. Today one tractors became a popular collecting tank property.
2001 became the Stuttgart bus manufacturers God praise GmbH & CO. Kg taken over, which manufactured buses under the label name Neoplan. It firmierte since that time as Neoplan bus GmbH and with the bus section from MAN ONES to the group of firms NEOMAN was combined.
In June 2005 the MAN AG his Augsburger space travel daughter sold MAN technology, which carries since then the name MT Aerospace AG. This step served the reaching the AG imposed a goal of the focusing on the five Kernbreiche of commercial motor vehicles, industrial services, pressure systems, diesel engines and turbomachines.
MAN ONE of 60,000 coworkers employed and gained 2005 an annual turnover of approx. 15 billion euro.
"Contract company" out:
The intended buy-back volume of 7.160.000 preference stocks corresponds to 16.3% of the preferred and 4.6% of the entire share capital. After the buy-back are 110.280.000 common stock and 36.760.000 preference stocks in circulation. The relationship of the master to preference stocks in circulation amounts to then 3 to 1. The advantages capital will thus represent 25% of the total capital in circulation present.
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