Major Companies of Europe 2010 - Gale - Cengage Learning
Major Companies of Europe 2010 - Gale - Cengage Learning
Major Companies of Europe 2010 - Gale - Cengage Learning
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
PRINCIPAL ACTIVITIES: Provision <strong>of</strong> financial products and<br />
services including banking, life and non-life insurance and<br />
asset management to meet the needs <strong>of</strong> retail, corporate<br />
and institutional customers<br />
Parent Company: ING Groep NV, Netherlands (03648)<br />
Subsidiary <strong>Companies</strong>: (100% owned unless stated): Bank<br />
Mendes Gans NV; ING Bank AS (Turkey); ING Bank N.V.<br />
Magyarországi Fióktelepe (Hungary); ING Bank Nederland<br />
NV; ING Bank Slaski S.A. (75%) (Poland); ING Belgium<br />
SA/NV (99.05%) (Belgium); ING Commercial Finance BV;<br />
ING Corporate Investments BV; ING Deutschland AG (Germany);<br />
ING Direct NV; ING Financial Holdings Corporation<br />
(USA); ING Lease Holding NV; ING Middenbank Curaçao NV<br />
(Netherlands Antilles); ING Vastgoed Management Holding<br />
BV; ING Vysya Bank Ltd (India); InterAdvies NV; Nationale-<br />
Nederlanden Financiële Diensten BV; Postbank Groen NV;<br />
Postbank NV; WestlandUtrecht Hypotheekbank NV<br />
Status: Non Quoted Public Company<br />
Principal Shareholders: ING Groep (100%)<br />
Financial Information: Consolidated figures<br />
31.12.07 31.12.08<br />
EUR’000 EUR’000<br />
Pr<strong>of</strong>it before tax 4,454,000 533,000<br />
Pr<strong>of</strong>it after tax 3,701,000 703,000<br />
Dividend 1,300,000 4,250,000<br />
Dividend per share 2.80EUR 9.14EUR<br />
Share capital 25,511,000 24,121,000<br />
Bank deposits 166,972,000 152,265,000<br />
Customers’ deposits 528,197,000 537,683,000<br />
Total Assets 994,113,000 1,034,689,000<br />
03647<br />
ING COMMERCIAL FINANCE BV<br />
Former name: NMB-Heller Holding NV<br />
Address: Postbus 3030, Runnenburg 30, NL-3980 DJ Bunnik<br />
International tel: +31 (30) 659 31 93<br />
International fax: +31 (30) 659 35 25<br />
Company email: info@ingcomfin.com<br />
Website: www.ingwholesalebanking.com<br />
Company Registration Number: 30<strong>2010</strong>94 0000<br />
PRINCIPAL ACTIVITIES: Provision <strong>of</strong> financial services, including<br />
factoring, corporate funding and capital financing<br />
Parent Company: ING Bank NV, Belgium (03646)<br />
Subsidiary <strong>Companies</strong>: (100% owned unless stated): Felix<br />
Tigris BV; Handlowy Heller SA (50%) (Poland); Heller Bank<br />
AG (Germany); Heller Finanz Service GmbH (Germany);<br />
Heller GmbH (Germany); ICC-Heller Ltd (50%) (Republic <strong>of</strong><br />
Ireland); Info Beratungs- und Wirtschaftsdienst für mittelstandische<br />
Unternehmen GmbH (Germany); International<br />
Credit Service SAS (95%) (France); NMB-Heller Finance Ltd<br />
(Republic <strong>of</strong> Ireland); NMB-Heller NV (Belgium); OB Heller as<br />
(50%) (Czech Republic); OB Heller Factoring as (Slovakia)<br />
Associated <strong>Companies</strong>: RDM Factors Ltd (31%)<br />
Principal Banks: ING Bank<br />
Auditors: KPMG Accountants NV<br />
Status: Private Company<br />
Principal Shareholders: ING Groep NV (100%)<br />
No <strong>of</strong> Employees: 396<br />
03648<br />
ING GROEP NV<br />
Address: Postbus 810, Amstelveenseweg 500, NL-1000 AV<br />
Amsterdam<br />
International tel: +31 (20) 541 54 11<br />
International fax: +31 (20) 541 54 44<br />
Website: www.ing.com;www.investors.ing.com<br />
Company Registration Number: 33231073 0000<br />
Supervisory Board: Peter A F W Elverding (Chairman), Tineke<br />
Bahlmann (Member), Henk W Breukink (Member), Claus<br />
Dieter H<strong>of</strong>fman (Member), Piet Hoogendoorn (Member),<br />
Piet C Klaver (Member), Harish Manwani (Member), Aman<br />
Mehta (Member), Joan E Spero (Member), Jackson P Tai<br />
(Member), Godfried J A van der Lugt (Member), Jeroen van<br />
der Veer (Member), Karel Vuursteen (Member)<br />
Executive Board: Jan H M Hommen (Chairman), Eric F Boyer<br />
de la Giroday (Member), Jacques M de Vaucleroy (Member),<br />
Patrick Flynn (Chief Financial Officer), Dick H Harryvan<br />
(Member), Eli P Leenaars (Head <strong>of</strong> Retail Banking), Tom<br />
McInerney (Member), Koos J V Timmermans (Member),<br />
Hans van der Noordaa (Member)<br />
PRINCIPAL ACTIVITIES: ING <strong>of</strong>fers a wide range <strong>of</strong> high quality<br />
banking and insurance services. These include nearly<br />
NETHERLANDS ING VERZEKERINGEN NV 03650<br />
all forms <strong>of</strong> life and non-life insurance, funds transfer services,<br />
savings plans, investments in securities and other<br />
capital market instruments, lending, mortgages, leasing,<br />
investment banking, debtor finance, debt conversion and<br />
international project management, as well as development,<br />
finance and management <strong>of</strong> real property. In May 2004<br />
the company announced a new management structure<br />
organised along six business lines: Insurance Americas;<br />
Insurance <strong>Europe</strong>; Insurance Asia-Pacific; Wholesale Banking;<br />
Retail Banking; ING Direct<br />
Company History: The company was listed on Amsterdam,<br />
Brussels, New Yorks, Frankfurt, Paris and Swiss stock<br />
exchanges, but delisted from the latter three in 2009.<br />
Subsidiary <strong>Companies</strong>: (100% owned unless stated): Administradora<br />
de Fondos de Pensiones Capital SA (99.62%)<br />
(Chile); Algemene Zeeuwse Verzekering Mij NV; Assurantiebedrijf<br />
ING Bank NV; Bank Slaski SA (74.7%) (Poland);<br />
Baring Asset Management Holdings Ltd (UK); Baring Brothers<br />
Ltd (UK); BHF-Bank AG (97.07%) (Germany); BPEP<br />
Holdings Ltd (UK); BV Kredietmij Vola; CW Lease Belgium<br />
NV (Belgium); CW Lease Nederland BV; De Vaderlandsche<br />
NV (Belgium); Equitable <strong>of</strong> Iowa <strong>Companies</strong> (USA); Extra<br />
Clearing BV; Furman Selz LLC (USA); ING Bank AS (Turkey);<br />
ING Bank Corporate Investments BV; ING Bank Eurasia<br />
(Russia); ING Bank (Hungary) Rt (Hungary); ING Bank Lease<br />
(Nederland) BV; ING Bank (Luxembourg) SA (Luxembourg);<br />
ING Bank N.V. (Brazil); ING Bank NV; ING Bank NV - S<strong>of</strong>ia<br />
Branch (Bulgaria); ING Bank NV South Africa (South Africa);<br />
ING Bank <strong>of</strong> Canada (Canada); ING Bank (Schweiz) AG<br />
(Switzerland); ING Bank Uruguay SA (Uruguay); ING Baring<br />
Ltd (UK); ING Baring Securities (Japan) Ltd (Japan); ING<br />
Baring (US) Securities Inc (USA); ING Baring (USA) Financial<br />
Holdings Corp (USA); ING Biztosíto Zrt (Hungary); ING<br />
Capital Markets (Hong Kong) Ltd (Hong Kong SAR); ING Car<br />
Lease France SNC (France); ING Car Lease UK Ltd (UK);<br />
ING Empreendimentos e Participacaos Ltda (Brazil); ING<br />
Finance (Ireland) Ltd (Republic <strong>of</strong> Ireland); ING Futures &<br />
Options (Hong Kong SAR) Ltd (People’s Republic <strong>of</strong> China);<br />
ING Grupo Financiero (México), S.A. de C.V. (Mexico); ING<br />
Indonesia Bank PT (85%) (India); ING Inversiones Ltda<br />
(Colombia); ING Lease Belgium SA/NV (Belgium); ING Lease<br />
(España) EFC SA (Spain); ING Lease France SA (France);<br />
ING Lease France SNC (France); ING Life Insurance Co<br />
(Philippines); ING Mercantile Mutual Bank Ltd (Australia);<br />
ING Merchant Bank (Singapore) Ltd (Singapore); ING New<br />
Zealand Ltd (New Zealand); ING Pension Insurance Company<br />
EAD (Bulgaria); ING Property Trust (New Zealand); ING<br />
Real Estate BV; ING Reinsurance Company Int Ltd (Republic<br />
<strong>of</strong> Ireland); ING Servicios CA (Venezuela); ING Sociedad De<br />
Bolsa (Argentina) SA (Argentina); ING Vastgoed BBV; ING<br />
Vastgoedontwikkeling BV; ING Verzekeringen NV; ING-DiBa<br />
AG (Germany); INIB NV; Middenbank Curaçao NV (Netherlands<br />
Antilles); MKB Investments BV; Nationale-Nederlance<br />
Poist’ovna SA (Slovakia); Nationale-Nederlanden Herverzekering<br />
Mij NV; Nationale-Nederlanden Polska SA (Poland);<br />
Nationale-Nederlanden Zorgverzekering NV; NV Nationale<br />
Volksbank; Orangefield Trust (Aruba) NV (Aruba); PT ING<br />
Indonesia Insurance (Indonesia); Runoto Leasing BV; RVS<br />
Verzekeringen NV (Belgium); Southland Life Insurance<br />
Company (USA); Stichting Regio Bank; Tiel Utrecht Levensverzekering<br />
NV; Tiel Utrecht Schadeverzekering NV; Tiel<br />
Utrecht Verzekerd Sparen NV; Tunnel onder de Noord BV;<br />
Wijkertunnel Beheer 11 BV<br />
Auditors: Ernst & Young Accountants<br />
Ticker Symbol: INGP<br />
Stock Exchange: Euronext Amsterdam<br />
Ticker Symbol 2: ING<br />
Stock Exchange 2: NYSE<br />
ISIN: NL0000303600<br />
Status: Public Company<br />
No <strong>of</strong> Employees: 124,661<br />
Financial Information: Consolidated figures<br />
31.12.07 31.12.08<br />
EUR’000 EUR’000<br />
Pr<strong>of</strong>it (loss) before tax 11,043,000 (1,487,000)<br />
Pr<strong>of</strong>it (loss) after tax 9,508,000 (766,000)<br />
Dividend per share 1.48EUR 0.74EUR<br />
Earnings (loss) per share 4.28EUR (0.36EUR)<br />
Shareholders’ equity 37,208,000 17,334,000<br />
Total Assets 1,312,510,000 1,331,663,000<br />
03649<br />
ING REAL ESTATE BV<br />
Address: Postbus 90463, Schenkkade 65, NL-2509 LL Den<br />
Haag<br />
International tel: +31 (70) 341 84 18<br />
International fax: +31 (70) 341 8419<br />
Company email: ingre.dev.nl@ingrealestate.com<br />
Website: www.ingrealestate.com<br />
Company Registration Number: 27096869 0001<br />
Management Board: Hein Brand (Chief Executive Officer,<br />
Finance), George Jautze (Chairman and Chief Executive Officer),<br />
Menno Maas (Chief Executive Officer, Development),<br />
Ronald Nijsen (Chief Financial Officer), Willem Steenhoven<br />
(Chief Risk Officer)<br />
Senior Executives: Fred Bunker (Director, Capital Advisory),<br />
Hans Copier (Country Manager Netherlands, ING Real Estate<br />
Investment Management), Anneke de Vries (Country<br />
Manager Netherlands, ING Real Estate Development), Silvio<br />
Estienne (Country Manager France, ING Real Estate Development),<br />
Peter Göbel (Chief Executive Officer, ING Real<br />
Estate Finance Netherlands), Wilson Lee (Portfolio Manager,<br />
Opportunistic Investment Platform <strong>Europe</strong>)<br />
PRINCIPAL ACTIVITIES: Development, finance and investment<br />
management <strong>of</strong> quality real estate<br />
Company History: Established in 1995 from the merger <strong>of</strong><br />
Nationale-Nederlanden Property and MBO<br />
Parent Company: ING Groep NV, Netherlands (03648)<br />
Subsidiary <strong>Companies</strong>: (100% owned unless stated): ING<br />
Real Estate Hong Kong (Hong Kong SAR); ING Real Estate<br />
South Korea (South Korea); ING Real Estate Taiwan (Taiwan)<br />
Status: Private Company<br />
Principal Shareholders: ING Bank NV (100%)<br />
Date <strong>of</strong> Establishment: 1995<br />
No <strong>of</strong> Employees: 2,500 worldwide<br />
03650<br />
ING VERZEKERINGEN NV<br />
Address: Postbus 810, Amstelveenseweg 500, NL-1000 AV<br />
Amsterdam<br />
International tel: +31 (20) 541 54 11<br />
International fax: +31 (20) 541 54 44<br />
Website: www.ing.com<br />
Company Registration Number: 33260659 0000<br />
Supervisory Board: Peter A F W Elverding (Chairman), Henk<br />
W Breukink (Member), Claus Dieter H<strong>of</strong>fmann (Member),<br />
Piet Hoogendoorn (Member), Piet C Klaver (Member), Harish<br />
Manwani (Member), Aman Mehta (Member), Ms Joan E<br />
Spero (Member), Jackson P Tai (Member), Godfried J A van<br />
der Lugt (Member), Karel Vuursteen (Member)<br />
Executive Board: Jan H M Hommen (Chairman), Eric F Boyer<br />
de la Giroday (Manager), Jacques M de Vaucleroy (Manager),<br />
Dick H Harryvan (Manager), Eli P Leenaars (Manager),<br />
Tim J McInerney (Manager), Koos V Timmermans<br />
(Chief Risk Officer), Hans van der Noordaa (Manager)<br />
PRINCIPAL ACTIVITIES: International and domestic insurance<br />
services<br />
Parent Company: ING Groep NV, Netherlands (03648)<br />
Subsidiary <strong>Companies</strong>: (100% owned unless stated): Belair<br />
Insurance Company Inc (Canada); ING Afore SA de<br />
CV (Mexico); ING America Insurance Holdings Inc (USA);<br />
ING Asigurari de Viata SA (Romania); ING Australia Holdings<br />
Ltd (Australia); ING Australia Pty Limited (Australia);<br />
ING Canada, Inc (Canada); ING Greek General Insurance<br />
Company SA (Greece); ING Greek Life Insurance Company<br />
SA (Greece); ING Insurance Company <strong>of</strong> Canada<br />
(Canada); ING International Insurance Holdings, Inc (USA);<br />
ING Life Insurance and Annuity Company (USA); ING Life<br />
Insurance Company (Japan) Limited (Japan); ING Life Insurance<br />
Company <strong>of</strong> America (USA); ING Life Insurance<br />
Korea Ltd (South Korea); ING Nationale-Nederlanden<br />
Magyarorszagi Biztosito Rt (Hungary); ING Nationale-<br />
Nederlanden Polska Powszechne Towarzystwo Emerytaine<br />
SA (Poland); ING Nationale-Nederlanden Polska SA<br />
(Poland); ING North America Insurance Corporation (USA);<br />
ING Novex Insurance Company <strong>of</strong> Canada (Canada); ING<br />
Re (Netherlands) NV; ING Seguros de Vida SA (Chile);<br />
ING USA Annuity and Life Insurance Company (USA); ING<br />
Vastgoed Belegging BV; ING Verzekeringen Nederland<br />
NV; ING Zivotna Poistovna as (Slovakia); Lion Connecticut<br />
Holdings Inc (USA); Movir NV; Nationale-Nederlanden Generales,<br />
Compañia de Seguros y Reaseguros SA (Spain);<br />
Nationale-Nederlanden Levensverzekering Maatschappij<br />
NV; Nationale-Nederlanden Schadeverzekering Maatschappij<br />
NV; Nationale-Nederlanden Schadeverzekering Mij<br />
NV; Nationale-Nederlanden Vida, Compañia de Seguros y<br />
493