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ABOUT COMPANY MAN AG

MAN AG is a German engineering company based in Munich.
MAN truck

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 AG 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 celebrates its 250th anniversary in 2008. 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 (Innovationspreis der deutschen Wirtschaft) in the Major Enterprises category for its innovative 32/40PGI gas engine.

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 "Huttengewerkschaft und Handlung Jacobi" (Iron Mining and Trading Company), Oberhausen, which is later renamed "Gute Hoffnungshutte" (GHH). In 1921, GHH bought up M.A.N., the South German predecessor of MAN.

In 1908, the "Vereinigte Maschinenfabrik Augsburg und Maschinenbaugesellschaft Nurnberg A.G.", Augsburg (United Machine Works Augsburg and Nuremberg Ltd.), which came into being through the 1898 merger of "Maschinenbau-AG Nurnberg" (founded 1841), and the "Maschinenfabrik Augsburg AG" (founded 1840) was renamed Maschinenfabrik Augsburg Nurnberg AG, Augsburg, or 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 1893-97. Rudolf Diesel’s ingenious invention was in those years 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.

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

After the Second World War, M.A.N. GHH lost all its foreign operations and suffered heavy war damage. 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 of Vienna in Austria in 1991, (the firm was formerly know as Steyr-Daimler-Puch AG) which also has truck building works in Turkey (MAN-A.S.) and India (Shakti-MAN).

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.

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 celebrates 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.

Trucknology © made by MAN

Based in Munich, Germany, the MAN Nutzfahrzeuge Group is the largest company in the MAN Group and one of the leading international providers of commercial vehicles and transport solutions. In fiscal year 2006 the company, with some 36,000 employees, generated a turnover of € 8.7 billion with sales of just under 80,000 trucks and over 7,300 buses and bus chassis. Compared with the previous year, the operating result rose by € 201 million to a record value of € 670 million (€ 698 million including the result from financing). The market share for trucks over 6 tonnes in Europe is 15.9 percent. On the European bus market the market share for fiscal year 2006 was 15.4 percent.

Versatile truck programme

MAN’s truck programme ranges from TGL (7.5 – 12 t) to the medium range in the Trucknology® Generation TGM (14 – 18 t) through to the TGA range, which covers permissible gross weights ranging from 18 to 50 tonnes.
The TGL was awarded the “Truck of the Year 2006“ title. The current heavy TGA range had already won this title in 2001. TGL is the sixth MAN range to win this award – a success which no other manufacturer has so far been able to achieve. In 2007 the TGA will be continued with the new TGS and TGX ranges.

The NEOMAN Bus Group is the Bus Division of the MAN Nutzfahrzeuge Group and develops, produces and markets buses of the MAN and NEOPLAN brands. They are mainly produced in the two Polish locations Starachowice and Poznan and in Ankara in Turkey and in the German plants in Plauen and Pilsting. The bus sector is also a leader in its sector. The NEOPLAN Starliner won various designer prizes and the "Coach of the Year 2006" title. This title was won by a NEOMAN vehicle for the third time in succession.

MAN Engines Business Unit

Beside the drives for MAN trucks and MAN and NEOPLAN buses, MAN Nutzfahrzeuge develops and produces further engines for various purposes from industrial engines for the generation of electricity through to the drive units for rail, water and special vehicles.
The range of outputs extends from 100 hp to 1,550 hp. At the same time the company supplies systems to other vehicle manufacturers and offers drive units for various road vehicles. In 2006 the company produced about 101,600 units. In 2006 MAN was awarded the BDI environmental prize in the category for environmentally compatible products by the Federal Association of German Industry for the MAN PM-KAT®, which is used with EGR in Euro 4 engines .

Comprehensive range of services

With MAN Service, MAN Support and MAN Finance MAN Nutzfahrzeuge offers customers comprehensive international services in one-stop shopping. Whether for service and repair contracts, fleet management or financing solutions, MAN combines top technologies with tailored services. Europe-wide a total of nearly 1 200 authorised outlets for service and vehicle repair are available to MAN customers.

In the event of a breakdown MAN Service Mobile24 guarantees reliable assistance around the clock 365 days a year.

Source:
http://www.man-mn.co.uk/en/Company/Company.jsp
http://en.wikipedia.org/wiki/MAN_AG