Portal:Companies

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Introduction

A company, abbreviated as co., is a legal entity made up of an association of people for carrying on a commercial or industrial enterprise. Company members share a common purpose, and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals. Companies take various forms, such as:

A company or association of persons can be created at law as a legal person so that the company in itself can accept limited liability for civil responsibility and taxation incurred as members perform (or fail to discharge) their duty within the publicly declared "birth certificate" or published policy.

Selected company

BAE Systems' headquarters
BAE Systems is a British defence and aerospace company headquartered at Farnborough, UK, which has worldwide interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is the world's third-largest defence contractor and the largest in Europe. BAE was formed on 30 November 1999 by the £7.7 billion merger of two British companies: Marconi Electronic Systems, the defence electronics and naval shipbuilding subsidiary of The General Electric Company plc (GEC) and aircraft, munitions and naval systems manufacturer British Aerospace (BAe). It has increasingly disengaged from its businesses in continental Europe in favour of investing in the United States. Since its formation it has sold its shares of Airbus, EADS Astrium, AMS and Atlas Elektronik. BAE Systems is involved in several major defence projects, including the F-35 Lightning II, the Eurofighter Typhoon and the Royal Navy Queen Elizabeth class aircraft carriers. The company has been the subject of criticism, both general opposition to the arms trade and also specific allegations of unethical and corrupt practices, including the Al Yamamah contracts with Saudi Arabia that have earned BAE and its predecessor £43 billion in twenty years.

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Dampfturbine Laeufer01.jpg
Credit: Siemens Press Picture
The rotor of a modern steam turbine manufactured by Siemens AG. Siemens, based in Germany, operates in six areas: automation & control, power, transportation, medical, information & communication and lighting. The firm employs over 480,000 people, making it Europe's largest engineering conglomerate and the sixth-largest employer in the Fortune Global 500.

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