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44-552: The company was founded in 1853 as Gio. Ansaldo & C. S.A.S. by renowned players in the Genoese business world, such as Giovanni Ansaldo , Raffaele Rubattino , Giacomo Filippo Penco and Carlo Bombrini . Until the end of the 19th century, the company focused on manufacturing and repairing railway components, quickly becoming a 10,000-worker company with seven factories, and starting to expand into sectors such as shipbuilding and mechanical works in general. In 1904, Ansaldo

88-641: A business organization or establish and register a branch or representative office. Previously, foreign entity registration was handled through the National Registration Center, which had implemented a streamlined "one-stop-shop" system since September 1, 2007. However, on November 26, 2015, the enactment of Law No. 131/2015 led to the formation of the National Business Center (QKB) which aimed to simplify business procedures by centralizing registration and licensing in

132-577: A financial crisis with its largest creditor, Banca Italiana di Sconto , and problems in reconverting factories after the end of World War I, the Perrone family abandoned the company in 1921, and the Banca d'Italia led a consortium to save it from bankruptcy . Company strategies were drastically sized down, and during the 1920s, even though electro-mechanical productions grew significantly, Ansaldo found itself in such dire difficulties that it finally entered

176-435: A set of assets organized to do business. Działalność gospodarcza ('economic activity') is the closest equivalent of business. As of January 2021, there are at least six different definitions of economic activity, enshrined in the following acts: Except for the spółki osobowe (partnerships), all are juridical persons . From business perspective spółki z ograniczoną odpowiedzialnością (limited liability companies) are

220-719: A significant growth: Ansaldo had 22,000 employees in 1939, and 35,000 in 1943. After the end of World War II, conversion to peacetime production again caused problems for the company. In 1948, IRI entrusted the company to Finmeccanica , which operated several reorganisation measures during the 1950s and 1960s, such as the relinquishing of all shipbuilding activities to Italcantieri of Trieste in 1966. From that year, Finmeccanica further engaged Ansaldo within its activities, and in 1980 they formed Italy's largest thermo-electric group. In 1993, Ansaldo ceased to exist as an independent entity, having been completely absorbed by Finmeccanica. Some companies controlled by Leonardo S.p.A. still bear

264-767: A significant process of change for the Group, both in terms of strategic choices and organizational structure. The goal was to create a more cohesive and efficient group in which all processes (research, marketing and sales, engineering, procurement, strategies and governance) are centralized and integrated and can interact each other. This encompasses the 100% owned companies of the core aerospace and defence business (AgustaWestland, Alenia Aermacchi, Oto Melara, Selex ES and WASS) being transformed into seven new Finmeccanica divisions. The current holding company will then become an operating company based on seven major business areas, maintaining its parent company and corporate centre function for

308-531: A single institution. Consequently, the National Registration Center and the National Licensing Center were abolished. There are three main types of business entity in Brunei, namely sole proprietorship , partnership , and company . A private company contains the term "Sendirian Berhad", meaning "Private Limited" or "Sdn. Bhd." as part of its name; for a public company "Berhad" or "Bhd."

352-603: A single integrated industrial entity, that absorbed the activities of AgustaWestland, Alenia Aermacchi, Selex ES, OTO Melara and WASS. A company rebranding operation led by Mauro Moretti began in March 2016, with a proposal to change the company name. From 1 January 2017 Finmeccanica officially became Leonardo, a name inspired by the Italian savant Leonardo da Vinci . In March 2017 the Italian Treasury proposed that

396-446: Is or in combination with Finnish, e.g. Oy Yritys Ab . In the corporations of real estate law, the ownership or membership may be vested either in the real property or in a legal or natural person, depending on the corporation type. In many cases, the membership or ownership of such corporation is obligatory for a person or property that fulfils the legal requirements for membership or wishes to engage in certain activities. Companies of

440-521: Is organised into five divisions (Helicopters, Aircraft, Aerostructures, Electronics, Cybersecurity). It is also the parent company and corporate centre for the subsidiaries and joint ventures Telespazio , Thales Alenia Space , MBDA and ATR . Leonardo is listed on the Borsa Italiana and is a constituent of the FTSE MIB and Dow Jones Sustainability Indices . As of April 2016 , the company

484-650: Is present worldwide in about 20 countries (42% in Italy and 58% abroad). Commercially, there are about 150 countries in the world that use products, systems and services supplied by Leonardo. Its production activities and its main industrial and commercial bases are located in Italy, the United Kingdom, Poland and the United States. Moreover, Leonardo has gained a significant presence in France and Germany, and

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528-679: Is registered in the Central Register of Companies. This form is a little bit specific and was created for companies that are domiciled registered in other countries and have its part in Montenegro. The Commercial Code establishes the following types of companies: Leonardo S.p.A. Leonardo S.p.A. , formerly Leonardo-Finmeccanica and originally Finmeccanica , is an Italian multinational company specialising in aerospace , defence and security . Headquartered in Rome , Italy ,

572-670: Is used. In Canada entities can be incorporated under either federal or provincial (or territorial) law. The word or expression "Limited", Limitée , "Incorporated", Incorporée , "Corporation" or Société par actions de régime fédéral or the corresponding abbreviation "Ltd.", Ltée , "Inc.", "Corp." or S.A.R.F. forms part of the name of every entity incorporated under the Canada Business Corporations Act (R.S., 1985, c. C-44). ≈ Ltd. or Plc (UK) As an exception, entities registered prior to 1985 may continue to be designated Société commerciale canadienne or by

616-625: The AnsaldoBreda business , excluding some revamping activities and residual contracts, and of the entire Finmeccanica stake in the share capital of Ansaldo STS , approximately 40% of the total capital. FATA, another subsidiary of the Finmeccanica Group since 2004 that was not part of the core business, was sold in 2015 to the Gruppo Danieli, dealing in the production of steel plants. On 1 January 2016, Finmeccanica became

660-614: The Companies Act of 2005. There are currently (2015) 4 types and each of them has legal personality: Partnerships are referred to as kumiai (組合). Each of these 4 types has no legal personality though other corporations, which include " kumiai " in their name, have: Note: Any of these entities can be incorporated as a "Capital Variable" entity, in which case has to add the "de C.V." sufix to its company name. Example: "S.A. de C.V.", "S. de R.L. de C.V." one of above mentioned form (Preduzetnik; O.D.; K.D.; A.D.; D.O.O.), as such it

704-504: The Polish law . The usage of the equivalent terms in the Polish legal system may often be confusing because each of them has several different definitions for various purposes. Przedsiębiorca ('entrepreneur' or 'undertaking')—known as kupiec ('merchant') until 1964; jednostka gospodarcza ('economic unit') from 1964 to 1988; podmiot gospodarczy ('economic entity') from 1988 to 1997—is

748-548: The United Kingdom below, though without the class Community Interest Company . There were two forms of Company Limited by Guarantee, but only the form without a share capital is now used. Irish names may also be used, such as cpt ( cuideachta phoibli theoranta ) for plc, and Teo (Teoranta) for Ltd. All non-governmental legal entities are registered on the companies register by the chamber of commerce . No universal definitions of company and business exist in

792-806: The Ansaldo family name: Societ%C3%A0 in accomandita semplice A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations , cooperatives , partnerships , sole traders , limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province. Some of these types are listed below, by country. For guidance, approximate equivalents in

836-590: The Code of Companies and Associations, the term "Private limited liability company" (BVBA/SPRL) automatically became "Private limited company" (BV/SRL), as a part of harmonising legal entity types within the European Union. Types of legal person business entities: Types of natural person business entities: Non-profit: The abbreviations are usually in Finnish, but Swedish names may also be used either as

880-507: The Group companies excluded from the model (DRS Technologies, Telespazio, Thales Alenia Space, MBDA and ATR). At the end of 2014, Finmeccanica transferred its stake in BredaMenarinibus to the newco Industria Italiana Autobus (20% Finmeccanica and 80% King Long), thereby taking a further step in the Group's portfolio rationalization process. In 2015, Hitachi signed a binding agreement with Finmeccanica for Hitachi's acquisition of

924-632: The KRS exclusively for the purpose of official recognition as a charity (public benefit organization – see above), if they are eligible for, apply for and obtain such. Societăți comerciale , abbreviated SC (Companies): limited liability company "societate cu raspundere limitata" (SRL); Most of the legal entity types are regulated in a modified version of the original version of the Dutch Burgerlijk Wetboek . Business corporations are referred to as kaisha (会社) and are formed under

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968-557: The KRS, but are still obligated (except for the State Treasury as a whole) to obtain NIP and REGON numbers by registering in the relevant registers, and are usually still subject to the general taxation rules (including VAT); examples of such situations include: Some of the abovementioned types of entities (e.g. hunting clubs, church entities), other than the state or self-governmental ones, may nevertheless be subject to registration in

1012-627: The ULC is classified as a disregarded entity. Rather, Canadian businesses are generally formed under one of the following structures: Companies include two types, Other than companies, ordinary firms include other two types: (See also Partnership (China) ) See also help.gv.at Archived 2015-12-26 at the Wayback Machine (Austrian government site, in German) Dutch , French or German names may be used. Following changes to

1056-931: The abbreviation S.C.C. Under the Canada Cooperatives Act (1998, c. 1), a co-operative must have the word "cooperative", "co-operative", "coop", "co-op", coopérative , "united" or "pool", or another grammatical form of any of those words, as part of its name. Unlike in many other Western countries, Canadian businesses generally only have one form of incorporation available. Unlimited liability corporations can be formed in Alberta "AULC", British Columbia "BCULC" and Nova Scotia "NSULC". The aforementioned unlimited liability corporations are generally not used as operating business structures, but are instead used to create favorable tax positions for either Americans investing in Canada or vice versa. For U.S. tax purposes

1100-472: The closest equivalent of company understood as an entity. As of January 2021, there are at least thirteen different definitions of entrepreneur/undertaking, enshrined in the following acts: Przedsiębiorstwo ('enterprise') is defined in the Civil Code as an organized complex of material and non-material components designated to perform economic activity. Therefore, it is equivalent to company understood as

1144-440: The communications equipment in helicopter terminals, while the uprising continued. Finmeccanica stated that the equipment sales were legal, they occurred "before the outbreak of conflict inside Syria", and the equipment "was designed for use by emergency responders" for civilian use only. On 12 February 2013, the chief executive, Giuseppe Orsi , was arrested on corruption charges. Prosecutors alleged that he paid bribes to ensure

1188-486: The company has 180 sites worldwide. It is the 12th largest defence contractor in the world based on 2020 revenues. The company is partially owned by the Italian government, which holds 30.2% of the company's shares and is its largest shareholder. On 1 January 2016, Leonardo-Finmeccanica became a single industrial company by integrating the activities of its subsidiaries AgustaWestland , Alenia Aermacchi , DRS Technologies , Selex ES , OTO Melara and WASS . The company

1232-561: The company law of English-speaking countries are given in most cases, for example: However, the regulations governing particular types of entities, even those described as roughly equivalent, differ from jurisdiction to jurisdiction. When creating or restructuring a business, the legal responsibilities will depend on the type of business entity chosen. Foreign and domestic investors have a range of options to establish and organize their business in Albania . They can either create and register

1276-423: The company merged with Finmeccanica's other defence electronics companies, SELEX Elsag and SELEX Sistemi Integrati , to become Selex ES . In May 2008 Finmeccanica announced its intention to purchase the U.S. defense contractor DRS Technologies for nearly $ 5.2 billion. In October 2008 the sale of DRS Technologies was finalized. During 2011–2013, Finmeccanica emails were published by WikiLeaks and Finmeccanica

1320-471: The control of the Istituto per la Ricostruzione Industriale (IRI), under which the company found new life and growth, partly thanks to the new war effort during fascism . The main figure in this rebirth, the engineer Agostino Rocca , reconfigured the structure and organisation of the company during his tenure as chief executive officer from 1935 to the end of World War II . War contracts indeed led to

1364-495: The defence company Oto Melara and the electronic enterprise Officine Galileo . STET (another IRI subsidiary) held Selenia , Elsag and SGS Thomson , all electronic enterprises with specializations in security and defense. In 1989, an internal IRI reorganization process brought STET electronic enterprises to Finmeccanica, and the Aeritalia-Selenia merger constituted its aerospace subsidiary Alenia . In 1992 EFIM

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1408-419: The following. Certain types of juridical persons or other collective legal entities which have been established otherwise than by registration in the KRS, may in few situations be authorized by law to perform business activity (sometimes of a limited scope and/or scale, along with their main, often non-commercial or not-for-profit activity), despite remaining excluded and exempt from the obligation to register in

1452-830: The most popular forms of legal entities in Poland as approx. 96% of foreign investments is performed in this legal form. All the following types are juridical persons: In addition, any juridical persons or other legal entities (including those originally or otherwise exempt from the registration in the KRS – see below) also have to register, if they apply for and obtain the status of an officially recognized charity ( organizacja pożytku publicznego = public benefit organization), when eligible; however, as an exception, registration solely for that purpose neither confers juridical personality to entities lacking one, nor does it create obligation or right to register as an entrepreneur. Types of entities excluded from registration as entrepreneurs include

1496-585: The prime contractor for the NH90 helicopter , along with Eurocopter (62.5%) and Fokker (5.5%). In July 2000 Finmeccanica and the British GKN agreed to merge their respective helicopter subsidiaries ( Agusta and GKN-Westland Helicopters ) to form AgustaWestland . In December 2001, the missile business of Alenia Marconi Systems (AMS), a joint Finmeccanica/ BAE Systems company, was merged with other European missile manufacturers to form MBDA , which became

1540-620: The sale of 12 helicopters to the Indian government, when he was head of the group's AgustaWestland unit. In July 2013, the Letta government appointed former police chief Giovanni De Gennaro as Chairman of Finmeccanica. In December 2013 Finmeccanica sold 39.55% of its share capital in Ansaldo Energia to Fondo Strategico Italiano. In the first half of 2014, Finmeccanica's new Chief Executive Officer and General Manager Mauro Moretti started

1584-405: The state-owned Istituto per la Ricostruzione Industriale (IRI). Finmeccanica has held for years some historic Italian enterprises, as Alfa Romeo (automobiles), Aeritalia (aerospace) and Ansaldo (engineering). From the 1960s to the 1980s Italy's defence and aerospace industry was split into state-holding entities: EFIM  [ it ] owned the helicopters manufacturer Agusta ,

1628-654: The type "Anónimi Etaireía" would translate this designation into the French translation société anonyme or S.A. in non-Greek languages. In Hungary, business entities are mainly regulated by the Companies Act of 2006, the Companies Registration Act of 2006 and the new Civil Code of 2013. All companies are required to indicate their type in their name. The situation in Ireland is similar to

1672-452: The veteran banker Alessandro Profumo replace Mauro Moretti as CEO of Leonardo. In May 2017 the Board appointed Alessandro Profumo to the role. On 10 May 2023 the Board of Directors appointed Mr. Roberto Cingolani to the position of Chief Executive Officer and General Manager, Mr. Stefano Pontecorvo to the role of Chairman, Mr. Lorenzo Mariani to the role of Co-General Manager. Leonardo

1716-419: The world's second largest missile manufacturer. In July 2003 Finmeccanica and BAE Systems announced their intention to set up three joint venture companies, to be collectively known as Eurosystems . These companies would have pooled the avionics, C4ISTAR and communications businesses of the two companies. In March 2007, BAE Systems sold its 25% share to Finmeccanica for €400 million. In January 2013

1760-404: Was bought by Ferdinando Maria Perrone who, along with his sons Mario and Pio , bound the name of the Perrone family to the history of the company. Over the next twenty years, he aimed at making Ansaldo fully independent both in the ironworks and weapon-making areas, thanks to strong vertical integration . The onset of World War I was of obvious potential benefit to the company, though Italy

1804-758: Was initially neutral. Ansaldo advocated for Italian entry into the war, both directly and by funding political groups that supported the war, such as Benito Mussolini 's proto-Fascist movement. The efforts paid off when Italy entered the war. In 1914 the company was worth 30 million lire , but its market value grew to 500 million in 1918. When the company issued shares in the summer of 1918 worth 400 million lire Ansaldo employed 80,000 workers, had dozens of factories and controlled companies such as A. Cerpelli & C., Banca industriale Italiana , Cantieri Officine Savoia , Dynamit Nobel, Gio.Fossati & C., Lloyd Italico , Nazionale di Navigazione , Pomilio , Società Idroelettrica Negri , and Transatlantica Italiana . Following

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1848-424: Was known by the transitional name of Leonardo-Finmeccanica, as part of the restructuring process of the company carried out by CEO Mauro Moretti from the beginning of his mandate in 2014. The company changed its name to Leonardo S.p.A. on 1 January 2017, after the Italian inventor Leonardo da Vinci . Società Finanziaria Meccanica, "Finmeccanica", was established in 1948 as the mechanical engineering subholding of

1892-748: Was subject to judicial inquiries on several fronts and management changes. According to Finmeccanica emails published in the Syria Files release by WikiLeaks on 5 July 2012, Finmeccanica increased its sale of mobile communications equipment to Syrian authorities during 2011, delivering 500 of these to the Damascus suburb Muadamia in May 2011, after the Syrian uprising had started, and sending engineers to Damascus in February 2012 to provide training in using

1936-557: Was wound up because of its troubled financial situation; and Agusta, Oto Melara, Officine Galileo and Breda passed to Finmeccanica, which became one of the main Italian industrial groups. Finmeccanica, which was previously fully state owned by IRI, became partly privatized in 1993, when it was listed in the Milan Borsa Italiana stock exchange. In 1992 Finmeccanica's Agusta became a 32% partner in NHIndustries ,

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