Net company Terra aims for Hispanic connection

Article Abstract:

Terra of Madrid, Spain, hopes to be the instrument that will bring the 550 million Spanish speakers around the world into the Internet. The company, a unit of Telefonica, became a publicly-traded firm in Nov 1999, and is now worth over $27 billion. Terra, which debuted at the Nasdaq on Jan 19, 1999, is now the biggest Internet protal in Europe based solely on market capitalization. It is expected to be the vehicle that will be bring non- English-speaking people to the World Wide Web.

Spain, Internet service providers, Terra

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QXL out to corner market on Web auctions

Article Abstract:

QXL.com, an Internet auction house based in Europe, aims to beat rival US- based eBay and dominate the European market through the leadership of its CEO Jim Rose. A native of Chicago, IL, Rose is the only dom-com CEO most admired by UK's business leaders other than the executives of Microsoft Corp, America Online Inc and Amazon.com. Rose guided QXL to the top tier of Europe's Internet industry, which has been ranked No. 1 in Bain and Co's top 25 cyber-commerce list.

United States, Art Dealers, Art Dealers, Auctioneers, QXL Ricardo PLC

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From rags to capitalism

Article Abstract:

Poland's Szczecin shipyard has become famous for its transformation from near-bankruptcy under the former Communist regime to a capitalist success story. The shipyard's success is attributed to the efforts of its dynamic executive and the efficacy of American ideas even without the infusion of American money and foreign investments. Ten years ago, the shipyard was just like any other communist enterprise. It had too many workers and relied on the government for financing and customers. From a near-bankrupt firm, it has become profitable with 1998 revenues of $600 million.

Poland, Ship Building and Repairing, Shipbuilding & Repair

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