MAN SE

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MAN SE
Type Public (AG, FWB: MAN)
Founded 1758
Headquarters Munich, Germany
Number of locations manufacturing facilities in the Ruhr area, Augsburg, and outside Germany
Key people Håkan Samuelsson (CEO and Chairman of the management board), Ferdinand Piëch (Chairman of the supervisory board)
Industry Manufacturing
Products Trucks, buses, diesel and other engines, turbo machines
Revenue €14.95 billion (2008)[1]
Operating income ▲ €1.729 billion (2008)[1]
Profit ▲ €1.247 billion (2008)[1]
Employees 51,320 (2008)[1]
Website www.man.eu

MAN SE, formerly MAN AG, is a German engineering company based in Munich.

MAN is one of the world's leading manufacturers of engineering equipment and commercial vehicles. MAN supplies trucks, buses, diesel engines, turbomachinery, as well as industrial services and holds leading market positions in all its business areas. MAN SE is one of the top 30 companies listed on the German stock exchange (DAX). It also is the oldest company within the DAX. The company celebrated its 250th anniversary in 2008.[2] In 2008, its 51,300 employees generated annual sales of around €15 billion in 120 different countries. The company has joint ventures and other cooperations with local companies in India, Poland, Turkey, and the United States.

MAN is securely positioned in the field of transport engineering, having won numerous prizes. Among those are the Truck of the Year award in 2006 as well as in 2008, the Bus of the Year award 2006, and recently, the German business Innovation Prize[3] (Innovationspreis der deutschen Wirtschaft) in the Major Enterprises category for its innovative 32/40PGI gas engine.[4]

Contents

[edit] History

MAN traces its origins back to 1758, when the "St. Antony" ironworks commenced operation in Oberhausen, as the first heavy-industry enterprise in the Ruhr region. In 1808, the three ironworks "St. Antony", "Gute Hoffnung", and "Neue Essen" merged, to form the Hüttengewerkschaft und Handlung Jacobi ("Iron Mining and Trading Company"), Oberhausen, which was later renamed Gute Hoffnungshütte (GHH). In 1921, GHH bought up M.A.N., the South German predecessor of MAN.

In 1908, the Vereinigte Maschinenfabrik Augsburg und Maschinenbaugesellschaft Nürnberg A.G., Augsburg ("United Machine Works Augsburg and Nuremberg Ltd."), which came into being through the 1898 merger of Maschinenbau-AG Nürnberg (founded 1841), and the Maschinenfabrik Augsburg AG (founded 1840) was renamed Maschinenfabrik Augsburg Nürnberg AG, Augsburg, or in short M.A.N.

The early predecessors of MAN were responsible for numerous technological innovations, such as the first German rotary printing press for newspapers, the first refrigerating machine "System Linde" (1873), and co-operation in the development of the Diesel engine between 1893-97. In those years Rudolf Diesel’s invention was realized with the help of the engineers at the Maschinenfabrik Augsburg.

In 1924, the company showed a diesel truck at the Berlin Motor Show, which was purchased in numbers by the Bavarian Post Office.[5]

During the 1930s, MAN marine diesels were produced under license in the U.S., and installed in their fleet submarines, where they proved troublesome and unpopular in the Pacific War.[6]

Early in 1942, using a hull designed by MAN, along with a Rheinmetall-Borsig-designed turret, the Panther tank used by Germany in World War II was created and deployed in Europe.

[edit] Post war

After the Second World War, M.A.N. GHH lost all its foreign operations and suffered heavy war damage[clarification needed]. Allied Forces took control of all GHH companies and broke up the company, placing the steel production facilities into separate ownership. Thus the focus shifted towards the South German plants and commercial vehicles. In 1986, GHH was merged into MAN with its headquarters in Munich.

The MAN group took over the truck builder Steyr Nutzfahrzeuge AG (formerly know as Steyr-Daimler-Puch AG) of Vienna, Austria in 1991, which also has truck building works in Turkey (MAN-A.S.) and India (Shakti-MAN).[7]

On 18 September 2006, MAN made a €10.3 billion offer for a takeover of Scania AB, one of the leading truck and bus companies in Sweden. MAN AG bought 15.6% of the voting shares in Scania AB. Volkswagen Group, Scania's largest shareholder, acquired a stake of 20% of MAN, and has since raised that stake to 29%. VW has a majority stake in Scania, owning over 51% of the company. It was widely expected that the two truck manufacturers would be combined, and that a combined MAN-Scania would also absorb Volkswagen's Brazilian heavy truck operations. A more recent interview with VW CEO Martin Winterkorn stated that VW has no immediate plans to attempt to merge Scania and MAN, but he would also not rule out a MAN takeover of VW's Brazilian heavy truck. As of 2009, Volkswagen Truck and Bus is part of MAN AG. It was also originally speculated that Volkswagen intended to acquire MAN Truck and Bus division by the end of 2008.[8] This has not been officially confirmed and there has been no current action by VW in attempting to acquire MAN shares, or to buy the company's commercial vehicle division.

In 2008, MAN celebrated the 250th anniversary of the company, with a gala event in Munich, exhibitions in the Deutsches Museum in Munich, the corporate museum in Augsburg, and the Rheinisches Industriemuseum in Oberhausen. One highlight should be an "Oldtimer Truck Convoy" on a historical route from Munich over Augsburg to Nuremberg in June.

On May 19 2009 MAN completed the switch from a German Aktiengesellschaft (AG) to a European Company, or Societas Europaea (SE).

[edit] Divisions

This logo is on the front of all MAN trucks and buses. The lion comes from Büssing AG, a company that MAN acquired in 1971.
Commercial vehicles: trucks (61% of group sales), aftermarket parts and service (18%), buses (14%), engines and components (7%)
2-stroke and 4-stroke diesel and gasoline engines: large marine and stationary diesel engines, engines for vehicles, industrial applications, power stations, yachts, passenger ships, ships, and work-boats (tankers, tugboats, icebreakers), railways.
Turbomachines: compressors and turbines for process industry and power generation worldwide; used in oil & natural gas, refinery, chemical & petrochemical, fertilizers, industrial gases, iron & steel processing and mining, power generation applications.
Industrial services: projecting, delivery, assembly, including steel-based structures
Vehicle Transmissions, Industrial Gear Units, Marine Gear Units, Slide Bearings, Couplings

[edit] Products - MAN Nutzfahrzeuge AG division

MAN low cabin waste collection truck
MAN CNG City bus in Bangkok
A MAN AG container crane for intermodal containers, belonging to Patrick Corporation at Port Botany, New South Wales, Australia.

[edit] Trucks and military vehicles

[edit] Buses

Main article: MAN AG Buses
  • Lion's City city/interurban bus
  • Lion's Classic city/interurban bus
  • Lion's Regio interurban bus
  • Americana city bus
  • NM 223/283
  • NL/ÜL 313/363 F (LF)
  • NL 202/232 (LF)
  • NL 223/233/263 (LF)
  • NL 262 R
  • NL 273 F
  • NG 263/313/363 F (LF)
  • ND 243 F
  • 10.225 FOCL midi coach
  • 11.190 HOCL midi (LF)
  • 12.220 HOCL
  • 14.280 HOCL
  • 12.220 HOCL-NL
  • 14.220 HOCL-NL
  • 16.200
  • 18.220/ 260/ 280 HOCL-SL
  • 18.220/ 260/ 280/ 310/ 360 HOCL-SÜ
  • 18.220/ 240/ 260/ 310 HOCL-NL (LF)
  • 18.260/ 310/ 360/ 410/ 460 HOCL
  • 24.310/ 360/ 410/ 460 HOCLN
  • 28.310 HGOCL

[edit] See also

[edit] References

  1. ^ a b c d "Annual Report 2008" (PDF). MAN. http://www.man.eu/MAN-Downloadgalleries/All/2Presse/Publikationen/Geschaeftsberichte/2008/MAN_GB_08_E.pdf. Retrieved on 2009-03-06. 
  2. ^ MAN SE
  3. ^ German business Innovation Prize (German)
  4. ^ MAN Diesel SE wins German business Innovation Prize (2008-01-21)
  5. ^ Great Trucks
  6. ^ Blair, Clay, Jr. Silent Victory (Philadelphia: Lippincott, 1975).
  7. ^ The World Encyclopdia of Trucks, by Peter J. Davies, pub by Select Editions, ISBN 1-84309-201-8
  8. ^ Reuters.com - Volkswagen plans full MAN takeover in '08

[edit] External links

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