Earlier quoted context omitted.
Few of those are in the Americas.
They are in the Western Hemisphere though, hence the pedantry (presumably).
Pedant! ;-)
The oldest company in almost every country (that is still in business)
121–130 of 163 posts
Re: The oldest company in almost every country (that is still in business)
#122Why is Alaska a separate color with no company listed?
It's a mystery land, nobody actually lives there...
Re: The oldest company in almost every country (that is still in business)
#123Earlier quoted context omitted.
>Restaurants are a tough, low margin business That is only common today when you have high rent. Most of the older business tends own the property ( Like early days McDonald ) and it will remain a competitive advantage. That is of coz assuming your food is good enough.
But those companies have been bought and resold over time and even possibly moved. Which probably imply mortgage on some buyers. Not sure land owning is such a big deal.
It depends if it was sold with the property or not. Rent is anywhere between 20-35% of your running cost depending on region. And you tend to get higher quality food in places where Rent isn't ridiculously high as restaurant can afford to move those cost to the plate.
Re: The oldest company in almost every country (that is still in business)
#124This map seems to use a very variable and at times generous definition of both “company” and “still in business”. Sure, Australia Post is one of Australia’s oldest institutions if you count from the date of the establishment of its oldest predecessor (which this map does, as a Postmaster-General was first appointed for New South Wales in 1809), but a single national postal service wasn’t established until Australia i…
Likewise the "oldest" company in El Salvador is HSBC... the Hong Kong and Shanghai Bank. I mean that might be the oldest surviving locally registered corporation on the books, but it kinda wastes a chance to learn something interesting about the country.
Re: The oldest company in almost every country (that is still in business)
#125If you didn't care about the "still in business" part—implying the same line of business—Stora Enso of Finland would date back to 1288: https://en.wikipedia.org/wiki/Stora_Enso
Stora Enso is actually a merger of two companies; Swedish Stora and Finnish Enso.
It’s Stora that was founded in 1288 with the copper mine in Falun (https://en.m.wikipedia.org/wiki/Falun_Mine), which produced 2/3 of Europe’s copper needs at one point in time.
It was also the world’s first stock company apparently, and it’s still in business.
Re: The oldest company in almost every country (that is still in business)
#126no data for Israel ?
Re: The oldest company in almost every country (that is still in business)
#127Brand brewery for the Netherlands is incorrect, they use 1340 because its good for marketing I guess but there is no real evidence the actual company was started around that time.
Re: The oldest company in almost every country (that is still in business)
#128Earlier quoted context omitted.
I suspect the former; that standards applied in various countries differ. E.g. the oldest "company" in Switzerland is Gasthof Sternen ( https://en.wikipedia.org/wiki/Gasthof_Sternen ), built around 1230, and affiliated with a monastery. Quite possibly the inn WAS in continuous operation, but I have doubts as to the continuity of the "company" behind it. It appears to have been started by the adjacent monastery, which…
for example Café M’Rabet – Tunis was created in 1630 and it is still operational till now. But it was not registered as a company at the time.
But do you seriously reckon all those European businesses from the 800s were registered as a company?
This map is nothing but a racist pissing match created by enlightened Europeans who've worked out some novel way of considering them better than the civilisations they trashed. It's an embarrassment.
Re: The oldest company in almost every country (that is still in business)
#129Earlier quoted context omitted.
Also, the pre-colonial population maybe didn't have a culture of setting up long running businesses? Sure there would be family businesses, but they're be informal affairs. Also, in some cases there was no system of writing so no reliable records for determining the age of a business.
> the pre-colonial population maybe didn't have a culture of setting up long running businesses This assumption of an entire continent as having a single culture is something that I find cringy at best.
Don't act like Africans had great culture and civilisation before being colonized. Be used they didn't. Most of it is documented and can be observed in museums all over Europe, Africans where barely past the stone age.
Re: The oldest company in almost every country (that is still in business)
#130This map seems to use a very variable and at times generous definition of both “company” and “still in business”. Sure, Australia Post is one of Australia’s oldest institutions if you count from the date of the establishment of its oldest predecessor (which this map does, as a Postmaster-General was first appointed for New South Wales in 1809), but a single national postal service wasn’t established until Australia i…
Yes, cases like Beretta, to name one, are more interesting.
Founded in 1526, privately owned, never changed its name nor got acquired.
It makes more than 200ml€/year in revenue and it seems it's still owned by somebody whose last name is Beretta.