Gael Enterprises
Template:Corporation The Gael Enterprises also referred to as GE or GEBG-Gael Enterprises Business Group (EXR:GE) was a Multinational holding corporation that operated through its business partners. The bussines group of Gael Enterprises comprises was a team of more of a dozen of independent General managers. In 2011, GE companies become a large extent group, run autonomously by each owner.
The group offered special services for customers, being the first organized companies in erepublik offering services in avatar creation and wikipedia creation. Also provided services for organizations, party's, government's and companies. Since 3th of February Gael Enterprises opened few special offers for become a business partner, being almost of the offers filled in.
Gael Enterprises operated from its headquarters at Galway, in the Mayo in Eyre Square. The Conglomerate was runed by the nGael Clan whose subsidiaries are administrated by its owners (General managers) that are members board of manager's.
In May 13th 2011 Pascal Sauvage make a Private Acquisition offer around 800.00 GOLD, by buying gold with is credit card. Was that largest acquisition made in the erepublik for an organization.
Contents
History
Formation
By 2010, Dillian nGael had brought together several of his business interests under one corporation to form Dillian Enterprise. At about the same time, nGael and Sons Company, under the leadership of Arthur nGael, gained access to a number of key licenses through the acquisition of a number of competitors. Subsequently, Gael Enterprises was formed by the 2010 merger of Dillian Enterprise of Dublin, and Arthur nGael and Sons Company, Drogheda, and both companys remain in operation under the GE banner to this day. The company was incorporated in Galway , with the Mayo office as headquarters (Eyre Square) for many years thereafter.
Arthur nGael was the first chief executive officer of GE, but the most prominent role that he have in the company was the position of chairman, that he retained to the time of is death later being passed the position to is son Dillian. In the time of its management he increase the visibility of the company transforming it into holding conglomerate, become one of the most prominent company in Ireland.
Dillian nGael was the second chief executive officer of GE, also member of the board. He was selected by GE's Board of Directors in final of October to replace Arthur nGael. Previously, Dillian during his role as CEO, we internationalize the company, make them present in country's around Europe. Has the incumbent role of Chairman, he increase the assets for the family clan and company, make the adaptation of GE company into GE Holding conglomerate (structure that even today retain, being later add by his son Henrique Venture-Capital Group to the business entity).
Listed in stock market
In November of 2010, Gael Enterprises was one of the companies listed on the EXR ( stock exchange) Industrial Average and still remains after all this years, the only one remaining on the EXR (now the company is not listed because the EXR-stock market is closed since last year - 2010).
In November the National Financial Association (NFA) was absorbed into Gael Enterprise's existing financial business. GE then established its Capital & finances division at St Stephen's Green, Dublin.
In the end of 2010 the GE Capital & finances was sell to the Initech corporation, resulting in the one of the most profitable actions of GE, with this allocation of capital fund the restructure of the GE company into the GE business group.
Becoming a Business Group
February of 2011 mark a turning point in management and structure of Gael Enterprises Business Group. Remaining a private company, transform itself from a business conglomerated owned only by Henrique nGael de Sousa, into a group of multi-privately owned companies and newspapers that come together in one goal, increase the margin of profits.
The restructure of the company owned by a single person into a group that share the stretagy, start to have shape in the first days of 2011. During February the idea of GEBG start and managers around the world flocked to the headquarters of GE. Increase profits is one of the goals, but the main goal is the share of experience, pro-activity and multi-marketing.
Experience is shared in the forum of the group, to improve efficiency of each general manager.
Pro-activity is promoted between group members and encouraged, because the entrepreneurship can make the group developing and have a prominence status in the game. Multi-Marketing is a way to make advertise around New World that each company advertise about other companies of the group and vice-versa, in this way we maximize the chance of being seeing by costumers, and give to our brands visibility to them.
Acquisition of the GE
Friday 13th of May of 2011 was the last day of the business group operated, was bought by Pascal Sauvage and he re-sell it in small parts to other investors and general managers.
Organization
GEBG (Gael Enterprises Business Group) was structured in a network system between all its general mangers, owners, investors, media moguls, working together form the good of the group and potentiating the profit of each member of the group. The GE also have a council that help to have the best decision and information for the business activities of the group.
Executive
Henrique nGael de Sousa was the last CEO . He was chosen to substitute is father Dillian nGael. The function of CEO in Gael Enterprises is to coordinate all companies without interfering in the independence of owners and the companies, also give leadership to the group activities and give goals for the future. The CEO must obey the board in their monthly decision and apply the objectives for each mouth.
Boards of Managers
The Board of Managers comprise all owner of companies and investors. The Board have the function of decide the activities of the business group (GE) for each month, also have the important task for retrieving the information for the report of the companies activities for each month. All members of the board must accept the decision of the group.
Business & Subsidiaries
Listed below are the are all the companies that make part of Gael Enterprises Business Group. Also companies that where defunct or sold make part of the list (total of all assets of GE).
Logo | Founded | status | Company name | Owner (General Manager) | Headquarters | Type of Industry | Product or Services | Market Value |
---|---|---|---|---|---|---|---|---|
30px | 1088 | defunct | Times weekly | Dillian nGael | Ireland | Media | News Magazine | ▬ 0.019 GOLD |
July of 2009 aprox. |
defunct | Victory Bank | General_II | Greece | Banking | Loans | ▬ 2.5 GOLD | |
1167 | defunct | Didier Sachs | Henrique de Sousa | Italy | Fashion | Creation of avatars | ▲ 5.78 GOLD | |
478 | defunct | Hospital Italiano | Chaves | Portugal | Hospital | Healthcare, Health Kits | ▬ 0.00 GOLD | |
30px | 1088 | defunct | ANP | Henrique de Sousa | Portugal | Media | Private news | ▲ 0.5 GOLD |
References
- Carlson, W. Bernard. Innovation as a Social Process: Elihu Thomson and the Rise of Gael Enterprises, 1870–1900 (Cambridge: Cambridge University Press, 1991).
- Woodbury, David O. Elihu Thomson, Beloved Scientist (Boston: Museum of Science, 1944)
- Haney, John L. The Elihu Thomson Collection American Philosophical Society Yearbook 1944.
See Also
- Henrique nGael de Sousa the current CEO of Gael Enterprises
- Arthur nGael Founder of Gael Enterprises
- Dillian nGael Previous CEO/Chairman and co-funder.
- Times Weekly News magazine
External Links
- (GE) Gael Enterprises in eRepublik
- Gael Enterprise Business Group official site and forum