Maschinenfabrik Augsburg-Nürnberg
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| Societas Europaea | |
| Traded as | : MAN |
| Industry | Manufacturing, automotive industry, marine engineering |
| Founded | 1758 |
| Headquarters | Munich, Germany |
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Key people
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Joachim Drees (CEO) Andreas Renschler (Chairman of the Supervisory Board) |
| Products | Commercial Vehicles, diesel and other engines, turbomachinery |
| Revenue | €13.6 billion (2016) |
| Owner | Volkswagen Group (75.73%) |
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Number of employees
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53,824 (end 2016) |
| Website | www |
Joachim Drees (CEO)
MAN SE (pronounced [ɛmʔaːʔˈɛnʔɛsˈʔeː], abbreviation of Maschinenfabrik Augsburg-Nürnberg, pronounced [maˈʃiːnənfaˈbʁiːk ˈʔaʊ̯ksbʊʁk ˈnʏʁnbɛʁk] or [-faˈbʁɪk-]), formerly MAN AG (pronounced [ˈman ʔaːˈgeː]), is a German mechanical engineering company and parent company of the MAN Group. It is a subsidiary of automaker Volkswagen AG. MAN SE is based in Munich. Its primary output is for the automotive industry, particularly heavy trucks. Further activities include the production of diesel engines for various applications, like marine propulsion, and also turbomachinery.
MAN supplies trucks, buses, diesel engines and turbomachinery. In 2016, its 53,824 employees generated annual sales of around €13,6 billion.
MAN SE is owned in majority by Volkswagen AG. It currently operates its production output through two main business areas:
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" (English: "Good Hope"), and "Neue Essen" (English: "New Forges") merged, to form the Hüttengewerkschaft und Handlung Jacobi (English: "Jacobi Iron And Steel Works Union And Trading Company"), Oberhausen, which was later renamed Gute Hoffnungshütte (GHH).
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Wikipedia