NAMAG

The NAMAG , short for North German automobile and engine works corporation was between 1906 and 1914 industrial company in Bremen .

NAMAG was founded on May 15, 1906, when the Norddeutscher Lloyd shipping company outsourced its automobile and engine manufacturing activities. This also included the Lloyd car brand . The director was Sigmund Meyer . In 1914, NAMAG and the Hansa-Automobil -Gesellschaft in Varel merged to form Hansa-Lloyd .

Two large companies emerged from NAMAG, the history of the plant continues to this day.

• In the automotive sector, operations continued as Hansa-Lloyd. Through further mergers, the "Hansa-Lloyd and Goliath -Werke Borgward & Tecklenborg oHG" was created in 1931 , known from 1937 as Borgward . This became the fifth largest automobile manufacturer in Germany and went bankrupt in 1961 . Their main plant in Bremen- Sebaldsbrück , built in 1938, was taken over by Hanomag , from 1969 as Hanomag-Henschel , from 1971 part of Daimler-Benz , from 1998 DaimlerChrysler AG, since 2007 Daimler AG . The plant, which was expanded considerably in 1980, is now the largest employer in Bremen.

• In the field of engine construction, the former NAMAG department for dynamo and electric motor construction was spun off as Lloyd Dynamowerke AG in 1915 . The AEG took over in 1934 the majority of shares, in 1960 the whole company, from 1967 AEG-Telefunken. After the bankruptcy of AEG there were numerous changes of ownership, for a short time in the 1990s both parts of the former NAMAG had the same owner again, namely Daimler-Benz AG. Lloyd Dynamowerke (LDW) have been a separate company again since 1999, and the location at Hastedter Osterdeich has remained unchanged since the NAMAG era.