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An international assignment is an overseas task set by a company to an employee. Companies that engage in international assignments are mainly multinational corporations (MNCs). MNCs send employees from the home country to a different country for business operations at overseas offices or subsidiaries. [1] These employees are called expatriates.
ERGO (ERGO Group) is a group of insurance companies owned by Munich Re. ERGO is one of the largest insurance groups in Europe. It operates in over 20 countries, especially in Europe and Asia. In Europe, ERGO claims to be number 1 in the health and legal expenses insurance segments, and in its home market of Germany it is among the market leaders.
Growth of the company took off in the 1950s, with a large number of new branches opening in Germany and the addition of international overland, air and sea freight services. DACHSER opened its first air-freight office at Munich Airport in 1951 and, by the end of the decade, employed more than 1,000 people, generating revenue of more than DM 70 ...
JENA, Germany (AP) — When electrical engineer Preetam Gaikwad first moved to Jena in 2013, she was smitten by what the eastern German city had to offer: a prestigious university, top research ...
Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting. Usually this refers to a company business, although state governments may also employ offshoring. [1]
This list displays all 29 German companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
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