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327:-owned industrial services company. It has 4,400 employees and an annual turnover of around 1.6 billion euros (2008), and has a market presence in around 40 countries. The company's activities are focused in two areas: Projects (Petrochemicals, Industrial Plants, Solar Energy and Power) and Services (Equipment, Piping, Automotive). In 2009, the
352:. In 2004 it was renamed MAN Ferrostaal. Three years later the corporation sold two thirds of its steel business. In 2007 Solar and Biofuels were created as new strategic business areas. As a result of IPIC taking over the majority of shares of MAN Ferrostaal AG, the company changed its name into Ferrostaal AG.
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Ferrostaal was founded in The Hague, Netherlands, in 1920. The steel trading company was bought by
Gutehoffnungshütte Aktienverein (GHH) in 1926. Over time Ferrostaal expanded into more countries, and had a presence in the international steel trade from the 1950s onwards. During the 1960s the company
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In March 2012, MAN SE announced the sale of
Ferrostaal AG to the MPC Group. Since March 2012 Ferrostaal has been owned by MPC Industries GmbH and the company's name has been changed to Ferrostaal GmbH.
335:, Munich. Due to the acquisition of the majority shares, the company entered the commercial register as Ferrostaal, signifying its separation from the MAN Group.
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Executive Board: Dr. John
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started building industrial plants. Until the end of the 1960s, Ferrostaal was also a manufacturer of diesel
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331:(IPIC) of Abu Dhabi took over 70% of the shares of Ferrostaal AG from
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680:Manufacturing companies established in 1920
410:"MAN and IPIC close Ferrostaal transaction"
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329:International Petroleum Investment Company
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106:Learn how and when to remove this message
445:Documents and clippings about Ferrostaal
150:Industrial Services and Machinery Supply
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96:February 2009
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51:Find sources:
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624:Steyr Trucks
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55:"Ferrostaal"
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38:Please help
33:verification
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198:Area served
639:Categories
597:Neoman Bus
587:MAN Diesel
577:Ferrostaal
360:References
321:Ferrostaal
255:Net income
208:Key people
66:newspapers
592:MAN Turbo
350:railbuses
543:Sinotruk
346:railcars
225:Services
217:Products
147:Industry
560:Büssing
508:Neoplan
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386:. 2008.
339:History
307:Website
270:million
246:billion
233:Revenue
181:Germany
163: (
155:Founded
80:scholar
645:MAN SE
607:Paxman
489:MAN SE
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333:MAN AG
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380:(PDF)
348:and
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619:Renk
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165:1920
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141:GmbH
59:news
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