Koninklijke Hoogovens
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Koninklijke Hoogovens was a Dutch steel producer founded in 1918. The company merged with British Steel to create Corus Group steel company.
[edit] History
On April 19, 1917, H.J.E. Wenckebach [1] and others proposed to setup a steel plant in the The Netherlands with a purpose to reduce dutch industry's dependence on imports. A Founding Committee for the Dutch Blast Furnace, Steel and Rolling Works was formed on May 31, 1917 to raise the funds. Once the funds had been rasied, the company was founded as Koninklijke Nederlandsche Hoogovens en Staalfabrieken N.V. in The Hague on September 20, 1918. The seed capital was provided by City of Amsterdam, Government of The Netherlands, various private investors and dutch companies. The location of IJmuiden was selected to provide easy access to ports (The city is at the mouth of river IJ, on North Sea coast).
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