MAN SE with Respect to Non-Equity Securities Within the Meaning of Art
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Annual Report RENK AG
RENK AG Gögginger Str. 73 86159 Augsburg, Germany Phone (+49-821) 5700-0 Fax (+49-821) 5700-573 Annual Report RENK AG www.renk.eu 2010 An MAN Group Company Innovative Power Transmission Annual Report 2010 RENK AG At a glance Products and services • Operating profit of €52 million (down from €66 million) • ROS: 12.9 percent (down from 13.9) Vehicle transmissions • ROCE: 36.9 percent (down from 38.8) Fully automatic power-shift, reverse and steering transmissions with brake systems and final drives for medium and heavy tracked vehicles. • EpS: €5.54 (down from €6.80) • Proposed dividend: €1.80 (unchanged) • Cash flow from operating activities: €81 million (up from €62 million) Industrial gear units Gear units for the cement industry. Spur-wheel and planetary gear units for turbo- machines especially for the petrochemical industry and power generating plants. High- RENK Group speed gear units for the plastics industry. Gear units for wind turbines. € million 2010) 2009) Change in % Marine gear units Order intake 525) 294) +79 Gear units for merchant vessels, ferries, cruise liners and naval craft with diesel engine Sales 403) 474) –15 and/or turbine as well as electric propulsion, marine reversing gear units, reduction gear Order backlog1) 522) 415) +26 units and variable-speed gears for ship generators. Headcount1) 1,882) 1,903) –1 thereof temporary employees1) 68) 35) +94 Slide bearings Change Standard and special versions of horizontal and vertical slide bearings for electrical in € mill. machines, air blowers/fans, compressors, pumps, turbines, and general mechanical Operating profit 52) 66) –14 engineering. Slide bearings for transmissions. -
Layout 1 (Page
AUSGABE WINTER 2006 Innovationen: Erste Biodieselanlage in Polen Internationalität: Strategie der MAN Ferrostaal Industrielösungen: Aktivitäten im Bereich Automotive DAS ECHO DAS MAGAZIN DER MAN FERROSTAAL GRUPPE 2 DAS ECHO 2/2006 3 editorial Liebe Leserinnen und Leser, viele von Ihnen kennen unser Unternehmen als ein Haus Aufgrund unserer starken internationalen Aufstellung haben mit einer starken internationalen Handelsbasis. Im Laufe der wir vor kurzem begonnen, eine Service- und Vertriebsplattform vergangenen Jahre haben wir uns jetzt mehr und mehr zu einem für den MAN Konzern aufzubauen. In Kooperation mit anderen fokussierten Industriedienstleister entwickelt mit Geschäften in MAN-Teilkonzernen wollen wir Kunden in aller Welt die Produkte zwei Bereichen: Dem Großanlagenbau und dem internationalen des Konzerns leichter zugänglich machen. Dabei bündeln wir Vertriebs- und Servicegeschäft rund um Maschinen, Transport gemeinsame Aktivitäten im MAN Konzern, systematisieren sie, und Automobil. bauen sie aus und erschließen so Synergiepotenziale innerhalb des Konzerns: Hochwertige Industrieprodukte auf der einen Im Großanlagenbau konzentrieren wir uns auf die Schwer- Seite, Präsenz in vielen Ländern und solide Finanzierungs- punkte Energie und Kraftstoffe. In beiden Marktsegmenten sind möglichkeiten auf der anderen Seite – im Interesse unserer in den kommenden Jahren hohe Zuwachsraten zu erwarten – Kunden bringen wir die Kompetenzen der MAN-Konzerngesell- speziell in Regionen, in denen wir traditionell gut vertreten schaften zusammen. Lesen Sie mehr dazu in diesem Heft. sind. Viele Länder Nordafrikas, Südamerikas, Osteuropas und Südostasiens verfügen über Öl- und Gasvorkommen, die weit Ihr weniger intensiv genutzt werden, als es möglich wäre. Beim Ausbau der entsprechenden industriellen Infrastruktur – von Matthias Mitscherlich Pipelines über Kompressorstationen bis hin zu Raffinerien und petrochemischen Anlagen – sind wir ein verlässlicher Partner für unsere Kunden. -
MAN GRI Report 2017 OVERVIEW
MAN GRI Report Corporate Responsibility at MAN 2017 Engineering the Future – since 1758. MAN SE 2 MAN GRI Report 2017 OVERVIEW Overview PAGE 01 PAGE 02 PAGE 05 Foreword FOREWORD PORTRAIT OUR APPROACH Portrait OF THE Our approach MAN GROUP Products Production Supply chain PAGE 09 PAGE 18 PAGE 27 PAGE 31 PAGE 44 People PRODUCTS PRODUCTION SUPPLY CHAIN PEOPLE SOCIETY AND Society and integrity INTEGRITY Annex PAGE 50 OVERVIEW OF KEY INDICATORS ANNEX GRI CONTENT INDEX AND UN GLOBAL COMPACT COMMUNICATION ON PROGRESS INDEPENDENT PRACTITIONER’S LIMITED ASSURANCE REPORT ABOUT THIS REPORT CREDITS & ADDITIONAL INFORMATION 01 MAN GRI Report 2017 Foreword Dear Readers, MAN’s business success is closely linked to global challenges and mega- needs on site. The twin 2.5 megawatt natural gas units mark a significant Overview trends. Climate change and digitalization have a direct impact on our milestone in MAN’s Climate Strategy. Foreword business model. We need to be agile if we want to shape the fundamentally Our MAN Impact Accelerator program, which we launched in 2017, changing mobility world of tomorrow. The development of alternative supports social startups in the transportation sector that are coming up Portrait drive systems and transportation and energy solutions that are fit for the with new ideas in response to global population growth and urbanization. Our approach future is at the heart of our work. We initiated the program in collaboration with the Yunus Social Business Electricity is set to be the drive technology of the future – at least Initiative launched by Nobel Peace Prize winner Muhammad Yunus. -
MAN GRI Report 2018
MAN GRI Report Corporate Responsibility at MAN 2018 Engineering the Future – since 1758. MAN SE 2 MAN 2018 GRI Report OVERVIEW Overview PAGE 01 PAGE 03 PAGE 06 Foreword FOREWORD PORTRAIT OUR APPROACH Portrait OF THE Our approach MAN GROUP Products Production Supply chain PAGE 12 PAGE 23 PAGE 32 PAGE 36 PAGE 50 People PRODUCTS PRODUCTION SUPPLY CHAIN PEOPLE SOCIETY AND Society and integrity INTEGRITY Annex PAGE 58 OVERVIEW OF KEY INDICATORS ANNEX GRI CONTENT INDEX AND UN GLOBAL COMPACT COMMUNICATION ON PROGRESS INDEPENDENT PRACTITIONER’S LIMITED ASSURANCE REPORT ABOUT THIS REPORT CREDITS AND ADDITIONAL INFORMATION 01 MAN 2018 GRI Report Foreword Dear Readers, Be it alternative drives, digitalization, or automated driving: the rapid needs of heavy goods vehicles. MAN is working hand-in-hand with policy- Overview changes in the mobility landscape are opening up new business opportu- makers, associations, and environmental organizations to create the right Foreword nities for MAN that also serve as our answers to global challenges. Our conditions for the successful transformation of the transportation sector innovative strength – which we are using to take responsibility along our so that the climate targets set out in the Paris Agreement can be met. Portrait entire value chain – will be a key factor in our success. Climate protection is another aspect that plays a central role in our Our approach In close collaboration with cities and logistics partners, we are production processes. As part of MAN’s Climate Strategy, we set ourselves bringing electric and gas-powered commercial vehicles to the road in a the goal of reducing CO₂ emissions at our sites by 25% in absolute terms, Products quest to turn low-pollutant urban mobility with as close to zero local compared with the baseline of 2008, by 2020. -
Converting MAN B&W Diesel AG Into MAN Diesel SE
SEEurope - Worker participation at board level in the European Company (SE) - A project of the European Trade Union Institute for Research, Education and Health and Safety (ETUI-REHS) co-funded by the Hans Böckler Foundation www.worker-participation.eu/european_company Converting MAN B&W Diesel AG into MAN Diesel SE – negotiations and the agreement on employee involvement by Herman Knudsen and Torsten Müller (in collaboration with Udo Rehfeldt) Converting MAN B&W Diesel AG into MAN Diesel SE – negotiations and the agreement on employee involvement Content 1. Introduction 2. The Company 2.1. MAN B&W Diesel AG 2.2. Employee representation 2.3. The conversion and the motives behind 3. Negotiations on information, consultation and participation 3.1. Role of the actors involved 3.2. Start of official negotiations: the Special Negotiation Body (SNB) 3.3. The negotiations with management 3.4. Assessment of the negotiation process 4. The Agreement 4.1. Participation on the Supervisory Board 4.2. Information and consultation: the SE Works Council 4.3. Other provisions 4.4. Assessment of the content of the agreement 5. Conclusion: lessons to be learned 2 Converting MAN B&W Diesel AG into MAN Diesel SE – negotiations and the agreement on employee involvement 1. Introduction In August 2006, MAN B&W Diesel was the first German company to become a European company, or Societas Europea ( SE), based on the EU Regulation on the European Company Statute (EC 2157/2001) and the EU Directive on employee involvement in the SE (2001/86/EC), both adopted in 2001, and the corresponding German legislation: the SE- Gesetz and the SE-Beteiligungsgesetz (SEBG) which were both adopted in December 2004. -
MAN Group History
MAN Group History 1758 – 2008 MAN Aktiengesellschaft MAN Group History 2008 1 Overview (I) MAN Group Roots GHH predecessor companies MAN predecessor companies 1758 “St. Antony” ironworks, Osterfeld 1840 Sander’sche Maschinen-Fabrik, 1782 “Gute Hoffnung”, Sterkrade Augsburg 1791 “Neu Essen”, Essen area 1841 Eisengießerei und Maschinen- fabrik Klett & Comp., Nuremberg 1873 Gutehoffnungshütte Actienverein für Bergbau und Hüttenbetrieb 1898/1908 M.A.N. Maschinenfabrik (Good Hope Ironworks for Mining Augsburg-Nürnberg AG, and Steelmill Operation), Sterkrade Augsburg GHH aquired majority in M.A.N. 1921 1921 MAN Aktiengesellschaft MAN Group History 2008 2 Overview (II) The Contract-based Group 1986 M.A.N. was merged with GHH and renamed MAN Aktiengesellschaft, with headquarters in Munich. Corporate divisions were hived off into separate public limited companies with individual profit and accounting responsibility (contract-based group). MAN Aktiengesellschaft MAN Group History 2008 3 Origins of the MAN Group (I) GHH’s origins 1758 Franz Ferdinand Domherr von Wenge founded the first heavy-industry enterprise in the Ruhr region, the St. Antony ironworks near Osterfeld, known as the “Cradle of Ruhr Industry”. F. F. v. Wenge 1782 The Gute Hoffnung (Good Hope) ironworks went into operation in Sterkrade. 1791 The Neu Essen ironworks went into operation in the clerical principality Essen. 1808 The three ironworks amalgamated to form the Hüttengewerkschaft und Handlung Jacobi, Haniel & Huyssen. 1750 1800 1850 1900 1950 2000 MAN Aktiengesellschaft MAN Group History 2008 4 Origins of the MAN Group (II) Rise of the Hüttengewerkschaft und Handlung Jacobi, Haniel & Huyssen in Sterkrade under Gottlob Jacobi and Franz Haniel, Wilhelm Lueg and Carl Lueg up to Paul Reusch G. -
Das Echo Das Magazin Der Man Ferrostaal Gruppe
DAS ECHO DAS MAGAZIN DER MAN FERROSTAAL GRUPPE AUGUST 2007 SPANIEN Neues Solarkraftwerk im Testbetrieb TRINIDAD Rekordinvestition in der Petrochemie VENEZUELA Mehr Power für die Energieversorung DAS ECHO August 2007 3 EDITORIAL Dr.-Ing. Wolfgang Knothe, Mitglied des Vorstands MAN Ferrostaal Liebe Leserinnen und Leser, der wissenschaftliche Beirat der Deutschen Bundesregie- unsere Abwicklungskompetenz. Nicht nur indem unsere rung schätzt, dass der weltweite Energiebedarf bis zum eigenen Mitarbeiter gezielt ihr Wissen und ihre Fähigkei- Ende des Jahrhunderts hauptsächlich mit Solarkraftwerken ten ausbauen, sondern auch indem wir extern wachsen. So gedeckt werden wird. Solarstrom: ein Zukunftsmarkt. In haben wir vor kurzem Koch de Portugal übernommen, ei- dieser Wachstumsbranche bringen wir uns derzeit mit nen ausgewiesenen Spezialisten im EPC-Geschäft für den Schlüsselprojekten in die Pole Position. Ebenso wie in den Kraftwerksbau. Alle diese strategischen Schritte erhöhen Märkten für Biokraftstoffe und für Petrochemie: Wir gehen unseren Wertbeitrag in unseren Projekten und sichern uns enge Partnerschaften mit Technologiegebern ein und schaf- langfristig einen Wettbewerbsvorteil. fen durch unsere Leistungen Mehrwert für unsere Kunden. Bestens bekannt ist unsere Stärke bei Methanolanlagen, die Bei aller Fokussierung auf Zukunftstechnologien vernach- wir zusammen mit langjährigen Partnern errichten. Me- lässigen wir nicht unser klassisches Geschäft. Auch hier thanol ist nicht nur ein chemischer Grundstoff, sondern steht das Thema Energie im Vordergrund. Aktuelle Beispie- auch ein Energieträger der Zukunft. Ergänzen können wir le für Kraftwerksprojekte und Kompressorstationen finden diese Stärke mittlerweile durch zwei Großprojekte für die Sie in diesem Heft. Im klassischen Geschäft konzentrieren Produktion von Düngemitteln. Diese spielen eine außeror- wir uns auf Projekte in „unseren“ Ländern wie beispielswei- dentlich wichtige Rolle, um die weltweit steigende Nachfra- se Venezuela oder der Middle East North Africa (MENA) Re- ge nach Nahrungsmitteln decken zu können. -
Database and Knowledge About Essential Manufacturers of Marine Self-Ignition Engines
Journal of Marine Science and Engineering Article Database and Knowledge about Essential Manufacturers of Marine Self-Ignition Engines Jan Monieta 1,* and Adrian Sendecki 2 1 Maritime University of Szczecin, Wały Chrobrego 1–2, 70-500 Szczecin, Poland 2 MPSV Prince Jameson 1, Nortrans Offshore PTE LTD, Nigeria; [email protected] * Correspondence: [email protected]; Tel.: +(4891)-48-09-302 Received: 26 February 2020; Accepted: 27 March 2020; Published: 1 April 2020 Abstract: During scientificstudies on reciprocating self-ignition marine engines, varying data are often needed. Such data are often in various collections and obtaining some of these is very difficult. Therefore, as it was elaborated in the electronic database about the important marine reciprocating combustion engine producers for the needs of operating scientific investigations aiming at gathering the essential information and technical data in one set. This article also presents a reference to existing databases. Important and globally known companies, as well as their constant and variable data, were described. These data were obtained from various printed and virtual sources of information. These data were selected and compiled in the environment of the Microsoft Access computer program. The collected information was divided between main propulsion and auxiliary engines, containing data about manufacturers, types, and technical parameters of slow, medium, or high-speed combustion engines. This database is constantly updated and rebuilt according to the constructions and changes on the engine production market as the result of economic and ecological functions. It is a relative type database, which contains information about technical data of combustion engines. Marine combustion engines are usually operated for dozens of years after they have been produced, whereas producers merge, change their names, or stop existing. -
Man Se 2017 Annual Report
2017 ANNUAL REPORT Engineering the Future – since 1758. MAN SE TEMPO We will see more changes in the next ten years than we have in the last fi ve decades. Innovative solutions in the fi elds of transportation and energy are becoming increasingly important, and demand for them is growing rapidly. We are putting this development to good use – with new concepts and products, cooperation initiatives and services. We are advising major cities on how to develop a modern transportation infrastructure. We are automating the transportation of goods. We are moving away from components to become a system provider, a one-stop shop for drives along with monitoring, consulting, and other types of services. If we want to meet the challenges of the future successfully, we have to rise to them today – of that much we are sure. This is why we are engineering the future of MAN and our customers right here, right now. By upping the tempo. Joachim Drees, Chief Executive Officer of MAN SE TEMPO – The 2017 Annual Report Magazine P. 04 A CITY IN MOTION Setting the course for the future: Munich is aiming to electrify its entire public bus network. MAN Truck & Bus is on hand to provide help and advice for the transition. P.10 QUIET REVOLUTION A modern way to manufacture: the MAN Latin America smart factory in Brazil has reached an automation level of 60%. Starting in 2020, it will manufacture the e-Delivery – a fully electric truck for urban logistics. P.12 ON THE GO Seizing opportunities: a road test involving MAN Truck & Bus trucks driving on the A9 in a platoon will begin in 2018. -
MAN SE Annual Report 2016
The MAN Group is one of Europe’s leading players in the engine, commercial vehicle, and mechanical engineering industries. As a supplier of trucks, buses, vans, diesel engines, turbomachinery, and special gear units, we hold leading positions in all our markets. II MAN AT A GLANCE 2016 ORDER INTAKE ON A LEVEL WITH THE PREVIOUS YEAR 14.4 € billion [ 2015: €14.4 billion] SALES REVENUE SLIGHTLY BELOW THE PREVIOUS YEAR 13.6 € billion [ 2015: €13.7 billion] SIGNIFICANT IMPROVEMENT IN OPERATING PROFIT 204 € million [ 2015: €92 million] SIGNIFICANT IMPROVEMENT IN OPERATING RETURN ON SALES 1.5 percent [ 2015: 0.7%] BREAK-EVEN NET CASH FLOW 0 € billion [ 2015: €0.5 billion] III Group key figures (IFRSs) Change € million 2016 2015 in % Order intake 14,357 14,381 0 Germany 3,677 3,486 5 Other countries 10,680 10,895 – 2 Sales revenue 13,564 13,702 – 1 Germany 3,273 3,252 1 Other countries 10,290 10,449 – 2 Order backlog 1 5,641 6,037 – 7 Headcount 1 53,824 55,030 – 2 Change Income statement € million Operating profit before special items 2 417 277 140 Special items 2 – 213 – 185 – 28 Operating profit 204 92 112 Operating return on sales (%) 1.5 0.7 0.8 Earnings before tax from continuing operations (EBT) 49 95 – 46 Profit/loss after tax – 7 150 – 156 Balance sheet Total assets 1 19,438 18,110 1,327 Total equity 1 5,850 5,565 285 Equity ratio (%) 1 30.1 30.7 – 0.6 Net financial debt 1 – 1,875 – 1,311 – 564 Cash and cash equivalents 1 796 779 17 Cash flow Net cash provided by operating activities 833 1,162 – 329 Net cash used in investing activities attributable to operating activities – 831 – 667 – 164 Net cash flow 2 495 – 493 Change Shares in € Earnings per share from continuing operations in € – 0.12 1.02 – 1.14 Annual cash compensation payment/guaranteed dividend per share in € 3 3.07 3.07 – 1 As of December 31, 2016, vs. -
MAN Companies Join Forces in Pakistan MAN Diesel & Turbo
MAN companies join forces in Pakistan Lahore, 28/03/2013 MAN Diesel & Turbo Pakistan expands service facilities in Lahore and launches new MAN TGS WW truck MAN Diesel & Turbo Pakistan (Private) Limited 16 Km Raiwind Road, Lahore, Pakistan With a launch event on March 28, 2013, MAN Diesel & Turbo Pakistan announced the expansion of its premises in Lahore. At the same time the company joins hands with Contact its sister company MAN Truck & Bus for the launch of the commercial vehicles Ali Asif division in Pakistan and its latest product, the TGS WW. The MAN location in Lahore will be the first where the two sister companies reside under one roof. Tel. +92 42 35330091-3 ali.asif @man.eu The event was attended by the President LCCI (Lahore Chamber of Commerce and www.mandieselturbo.com Industries), Mr. Farooq Iftikhar and many high esteemed VIP guests from the local trade business. H.E. Mr. Axel Wech, Ambassador of Austria represented together with the Hon. Counsel of the German Embassy, Mr. Anees Ur Rehman, the two home bases of MAN. ‘’MAN Diesel & Turbo Pakistan’s exceptional performance and impeccable credentials were key factors when MAN Truck & Bus decided to choose its representative in Pakistan. We see Pakistan as an important market with a lot of potential”, says David van Graan, Head of MAN Center Middle East and Vice President Sales and Marketing. “I am confident that we can deliver a world class value proposition through MAN Diesel & Turbo Pakistan backed by a MAN trained service team, customer oriented mind-set, and our innovative brand heritage to emerge as the leading player in Pakistan’s commercial vehicle industry.” MAN Diesel & Turbo Pakistan started in Lahore in 2008 and currently offers its customers after sales services for large bore diesel engines and turbomachinery, including workshops and field service activities. -
Kombinerar Två Starka Företag För Framtida Tillväxt
Erbjudandehandling MAN Aktiengesellschaft Erbjudande till aktieägarna i Scania Aktiebolag Kombinerar två starka ”företag för framtida tillväxt Följande dokument har upprättats med anledning av MAN AG:s erbjudande till Scania AB:s aktieägare: (i) En erbjudandehandling på svenska (”Erbjudandehandlingen”), till vilken Prospektet (definierat nedan) är bilagt. Erbjudandehandlingen är godkänd och registrerad av Finansinspektionen och finns även tillgänglig på engelska. (ii) Ett prospekt på engelska avseende stamaktierna i MAN AG (Stammaktien) som utgör en del av vederlaget, vilket är godkänt av den tyska federala finansinspektionen (Bundesanstalt für Finanzdienstleistungsaufsicht), offentliggjort av MAN AG och, tillsammans med en svensk översättning av dess innehållsförteckning och sammanfattning, registrerat av Finansinspektionen (”Prospektet”), vilket med undantag för översättningen av innehållsförteckningen och sammanfattningen endast finns tillgängligt på engelska. (iii) En informationsbroschyr (”Informationsbroschyren”) som finns tillgänglig såväl på svenska som på engelska. Informationsbroschyren är inte, och skall inte anses vara, en erbjudandehand- ling eller ett prospekt enligt gällande lagar och regler. Vid en eventuell avvikelse mellan ovannämnda dokument (inklusive språkversioner) skall den engelskspråkiga Erbjudandehandlingen gälla. Erbjudandehandlingen, Informationsbrochyren och anmälningssedeln finns tillgängliga www.man.eu/offer samt www.handelsbanken.se/aktuellaerbjudanden och kan kostnadsfritt beställas på telefon 08-449 88