The English Corner: Unit 2 - Companies
The English Corner: Unit 2 - Companies
Roche
F. Hoffmann-La Roche AG is a Swiss multinational healthcare company
that operates worldwide under two divisions: Pharmaceuticals and
Diagnostics. The company headquarters are located in Basel.
The company controls the American biotechnology company Genentech,
which is a wholly owned affiliate, and the Japanese biotechnology company
Chugai Pharmaceuticals, as well as the United States-based Ventana.
Roche's revenues during fiscal year 2016 were 50.58 billion Swiss francs,
or approximately US$51 billion. Roche is the third-largest pharmaceutical
company worldwide. Roche is one of the few companies increasing their
dividend every year, for 2016 as the 30th consecutive year.
2
Hapag-Lloyd AG
A transnational German-based transportation company. It is composed of a
cargo container shipping line, Hapag-Lloyd AG, which in turn owns other
subsidiaries such as Hapag-Lloyd Cruises. The container transport arm of
Hapag-Lloyd AG is currently the world's fifth largest container carrier in
terms of vessel capacity.
Since its formation, Hapag-Lloyd has been sold to many organizations and
has also undergone numerous mergers with other companies. For instance,
Hapag-Lloyd was completely acquired by, and became a subsidiary of TUI
AG (Hanover) in 1998. This major event was followed by TUI selling a
majority stake of Hapag-Lloyd to various private investors in Hamburg in
2009 and again in 2012. Other important events in the company's history
include Hapag-Lloyd's acquisition of CP Ships in 2005 as well as Hapag-
Lloyd's merger with CSAV in 2014 and United Arab Shipping Company
in 2017. Currently, the company is owned by several public and private
investors, with majority stake controlled by CSAV.
3
Nokia Corporation
A Finnish multinational telecommunications, information technology, and
consumer electronics company, founded in 1865. Nokia's headquarters are
in Espoo, in the greater Helsinki metropolitan area. In 2017, Nokia employed
approximately 102,000 people across over 100 countries, did business in more
than 130 countries, and reported annual revenues of around €23 billion.
Nokia is a public limited company listed on the Helsinki Stock Exchange
and New York Stock Exchange. It is the world's 415th-largest company
measured by 2016 revenues according to the Fortune Global.
4