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Dr. Ing. h.c. F. Porsche AG Headquarters in Stuttgart Company type Public Traded as FWB: P911 DAX component ISIN DE000PAG9113 Industry Automotive Founded 1931 ; 94 years ago (1931) in Stuttgart, Germany Founder Ferdinand Porsche Headquarters Stuttgart, Germany Area served Worldwide Key people Wolfgang Porsche (chairman) Oliver Blume (CEO) Products Automobiles Production output 321,321 vehicles ...
During the Communist period, Romania was one of the largest automobile producers in Central and Eastern Europe, however the industry declined after the 1989 revolution. Previously, other domestic manufacturers such as Tractorul Braşov, ARO and Oltcit existed, however they eventually went bankrupt due to botched privatization in the 1990s.
In March 2002, Porsche increased its stake to 51% and MHP became a subsidiary of Porsche AG. In June 2003, Porsche further increased its investment to 74.8% and once again in 2011 to 81.8% and in 2023 to 100%. CEO Dr.-Ing Hofmann sold the remaining 18.2% ownership stake to Porsche in 2023.
Audi does operate a production site in Mexico, a popular manufacturing hub for the auto industry thanks to free trade agreements it has signed with dozens of countries. But until now the brand ...
From the beginning of organised motor sport events, in the early 1900s, until the late 1960s, before commercial sponsorship liveries came into common use, vehicles competing in Formula One, sports car racing, touring car racing and other international auto racing competitions customarily painted their cars in standardised racing colours that indicated the nation of origin of the car or driver.
In the 2024 local elections, the party won 11 local councillor mandates. [10] [11] The party did not participate in the 2024 European Parliament election.[7]For the 2024 parliamentary election, [6] the party has nominated over 140 candidates from various professions (entrepreneurs, lawyers, drivers, sales specialists, engineers), [12] including many candidates from the diaspora.
Applause is in order for Lady Gaga, for her performance on hot wing interview show “Hot Ones” hosted by Sean Evans.
As of 2024, the National Committee of Macroprudential Oversight of Romania has identified 9 locally-incorporated banks as systematically important and thus have to meet more stringent requirements: [10] Banca Transilvania; BRD – Groupe Société Générale; Banca Comercială Română (Erste Group) UniCredit Bank; Raiffeisen Bank; CEC Bank ...