The William Demant Holding Group is a leading international hearing health care company within hearing aids, audiometric equipment, and personal communication. A hearing impairment is a decrease in ones ability to hear (i. ... Health care or healthcare is the prevention, treatment, and management of illness and the preservation of mental and physical well-being through the services offered by the medical, nursing, and allied health professions [1]. The organised provision of such services may constitute a healthcare system. ... Behind the ear aid A hearing aid is a device used to help the hard-of-hearing hear sounds better. ...

Beginning

The William Demant Holding Group was founded in 1904 by Hans Demant, under the name Oticon. After his death in 1910, his son William Demant took over. 1904 (MCMIV) was a leap year starting on a Friday (link will take you to calendar). ... 1910 (MCMX) was a common year starting on Saturday (see link for calendar) of the Gregorian calendar or a common year starting on Sunday of the 13-day slower Julian calendar. ...

Already before World War I, Oticon increased its sales volume to cover Scandinavia and Saint Petersburg. In the twenties and thirties, a network of agents was established in Europe. Combatants Allied Powers: British Empire France Italy Russia United States Central Powers: Austria-Hungary Bulgaria Germany Ottoman Empire Casualties Military dead: 5 million Civilian dead: 3 million Total dead: 8 million Military dead: 4 million Civilian dead: 3 million Total dead: 7 million The First World War, also known as... Scandinavia is a region in Northern Europe named after the Scandinavian Peninsula. ... Saint Petersburg (Russian: Санкт-Петербу́рг, English transliteration: Sankt-Peterburg), colloquially known as Питер (transliterated Piter), formerly known as Leningrad (Ленингра́д, 1924–1991) and Petrograd (Петрогра́д, 1914–1924), is a city located in Northwestern Russia on the delta of the river Neva at the east end of the Gulf of Finland... World map showing Europe Political map Europe is one of the seven continents of Earth which, in this case, is more a cultural and political distinction than a physiographic one, leading to various perspectives about Europes borders. ...

During World War II, Oticon started its own production due to the scarcity of goods from other countries. Combatants Allies: Poland, United Kingdom, Soviet Union, France/Free France, United States, China, Canada, India, Australia, New Zealand, South Africa, Greece, and others Axis Powers: Germany, Italy, Japan, Bulgaria, Finland, Romania, Hungary, Burma, Slovakia Casualties Military dead: 17 million Civilian dead: 33 million Total dead: 50 million Military dead: 8...

In 1957, William and his wife Ida Emilie donated the Demant family's shares in the company to the Oticon Foundation. The Oticon Foundation's general aim is charity with particular emphasis on helping people with a hearing impairment and today the Oticon Foundation is the main shareholder in William Demant Holding A/S with a holding of app. 61%. 1957 (MCMLVII) was a common year starting on Tuesday of the Gregorian calendar. ... A Foundation is a type of philanthropic organization set up by either individuals or institutions as a legal entity (either as a corporation or trust) with the purpose of distributing grants to support causes in line with the goals of the foundation. ... A shareholder or stockholder is an individual or company (including a corporation) that legally owns one or more shares of stock in a joint stock company. ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ...

International expansion

During the 1990's the company expanded further, buying the Swiss hearing aid manufacturer Bernafon, Phonic Ear, the headset manufacturer DanaCom and Interacoustics. This article is about the year. ...

In 1995 the company was listed at the Copenhagen Stock Exchange. 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... The Copenhagen Stock Exchange (CSE) is an international marketplace for Danish securities, including shares, bonds, Treasury bills and notes, and financial futures and options. ...

In 1997 it was it was decided to change the name of the parent company from Oticon Holding A/S to William Demant Holding A/S, due to the fact that it was considered disadvantageous to use the same name, both for the Group, and for one of its businesses. 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ...

Today the company is led by President & CEO, Niels Jacobsen and board chairman Niels Boserup Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... A chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ...

Today the company focuses on 3 separate business units

Hearing Aids: Oticon Bernafon

Diagnostic Instruments: Maico Diagnostics Interacoustics

Personal Communication: Phonic Ear Sennheiser Communications

In 2005 the group revenue was around 802 million USD and the group profit was 182 million USD. To meet Wikipedias quality standards, this article or section may require cleanup. ... The United States dollar is the official currency of the United States. ... The United States dollar is the official currency of the United States. ...

External link

William Demant website