Regenschirm AG
Type | State-owned enterprise |
---|---|
Traded as | Regenschirm Corporation |
Industry | Conglomerate |
Founded | Munich, Grossdeutsches Reich (October 25, 1965 | )
Founder(s) | Otto Spencer |
Headquarters | Berlin, GroBdeutsches Reich |
Area served | European Union |
Key people | Élisabeth Durand (CEO) |
Products | Chemicals, consumer electronics, medical equipment, military equipment, software, telecommunications equipment |
Services | Financial services, private security, telecommunications |
Regenschirm AG, commonly known as Regenschirm Corporation or simply Regenschirm, is a grossdeutscher public owned multinational conglomerate corporation headquartered in Potsdamer Platz in Berlin. It comprises numerous subsidiaries and affiliated businesses, most of them united under the Regenschirm brand.
Regenschirm was founded by millionaire and entrepeneur Otto Spencer in 1965 as a chemical and medical products company. Over the next three decades the group diversified into areas including information technology, insurance and financial services, private security and electronics. IT and electronics sector and financial services have been Regenschirm's most profitable sectors and which allowed for the company to become the largest in the European Union. Since the 1990s Regenschirm has increasingly globalized its activities, and software related products, particularly OS and computers, have become its most important source of income.
Notable subsidiaries include Regenschirm Defense Systems (the EU's fourth largest weapons producer), Regenschirm Electronics (the EU's second largest), and Regenschirm Security (the EU's largest private security contractor).
Regenschirm has, due to its assets and revenue size, a massive influence on Grossdeutsches Reich's economy, politics and media.