Greece - National Technological Infastructure Step 2 Research Paper

Greece - National Technological Infastructure Step 2 - Research Paper Example According to the 2009 estimates, 6,779 barrels of oil were produced everyday in the country’s reserves. The oil in the reserves is estimated to be about 10 million barrels. Consumption of oil is high at 414,400 barrels per day. The country also imports 553, 000 barrels of oil every day (CIA World Factbook, 2010). Natural gas is also another source of the country’s energy and power, according to the World Factbook. There are several natural gas reserves in Greece which have an estimated 1.982 billion cu m of natural gas. The production rate of natural gas from these reserves is at 9 million cu m per year. The annual consumption of the same is at 3.528 billion cu m, which is way above the production level. This has made the Greek government to include the importation of 3.556 billion cu m of natural gas to take care of the deficit. Greece has also embarked on an ambitious program to increase the use of natural gas in different industries. One of the main energy development projects is the National Gas System (ESFA) which facilitates the transportation of natural gas in different regions in the country. Going by the present trends in the Greece energy and power sector, natural gas is increasingly becoming a common feature in industries, residential areas and in the commercial and public services sector. However, oil continues to account for more than half of all of the country’s energy and power usage. The transport and industry sector are the major consumers of oil in Greece. Electricity is also quite reliable in the commercial and public services sector as is the use of wind power in the smaller industries. There are plans to have wind power to account for about 15% of the country’s energy needs by the end of this year (World Factbook, 2010). The communications system in Greece is characterized by a network of landline telephones as well as mobile cellular communication. Greece has about 5.975 million main telephone lines which are in active

Initial public offering (federal express) session long project module Essay

Initial public offering (federal express) session long project module 1 - Essay Example The main reason for choosing this company is to due to the size and extent of the company. The company operates worldwide which provides a vaster and larger possibility to learn about the company and the various developments that it entails. The other reasons why this company has been chosen include the fact that the company holds a major share in the market, and the company has developed its business to such a great extent that it is recognized worldwide. FedEx not only provides express delivery business but also provides small package ground delivery as well. The company also provides a wide range of document related as well other business services. One other reason to choose this company is the type of IPO that they used. The company went in for an IPO to become public and to be listed in the New York Stock Exchange. This makes it a better company to study and allows a more focused view on how the company expands and improves the overall business. An initial public offering plays a major role in every business. In the case of FedEx, the company had its IPO on 12th April 1978 and the share price was $24 per share. The company has been trading on the NYSE since 28th December 1978 and uses the symbol of FDX. The company went in for a public offering in 1978 to raise enough capital and to also be listed in the New York Stock Exchange. The company used the IPO to set up the stock price. In 1978 when the company decided to go public, they used the IPO to distribute the shares of the company to public. Here once FedEx registered with the SEC, the company worked with investment banks to sign the contract and to be able to sell the shares of the company (Stock Market Investors, 2010). The contractors would need to provide an agreement which shows that they agree to underwrite the distribution of the shares (Chechile, 2004). Once the two parties had