Friday, April 14, 2006

Old World Businesses Win Longevity Contest by a Long Shot

Tech angle: Longevity? Not sure. But it's rather interesting nonetheless :-)

Hanna DeBarre writes in The San Francisco Chronicle:

Think that Bay Area companies like Fireman's Fund that survived the 1906 earthquake are old? They're just babes in the North American woods.

To find really old companies, take a trip to Asia or Europe. Family Business magazine lists the following as the oldest family-owned companies in the world:

  • Kongo Gumi (Osaka, Japan), founded 578. Now run by the 40th generation of the same family, this construction firm began by building the Buddhist Shitennoji Temple in Osaka, which still stands.

  • Hoshi Ryokan (Komatsu, Japan), founded 718. Innkeeping.

  • Fonderia Pontificia Marinelli (Agnone, Italy), founded about 1000. Bell foundry.

  • Barone Ricasoli (Siena, Italy), founded 1141. Wine and olive oil.

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