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Dutch East India Company

United East India Company[a]
Native name
  • Verenigde Oostindische Compagnie
  • Generale Vereenichde Geoctrooieerde Compagnie (original name)
  • Verenigde Nederlandsche Geoctroyeerde Oostindische Compagnie (formal name)
Company type
IndustryProto-conglomerate
Predecessor
Voorcompagnieën/Pre-companies (1594–1602)[b]
Founded20 March 1602 (1602-03-20),[1] by a government-directed consolidation of the voorcompagnieën/pre-companies
FounderJohan van Oldenbarnevelt and the States-General
Defunct31 December 1799 (1799-12-31)
FateDissolved and nationalised as Dutch East Indies
Headquarters
Area served
Key people
ProductsSpices, silk, porcelain, metals, livestock, tea, grain, rice, soybeans, sugarcane, wine, coffee
The "United East India Company", or "United East Indies Company" (also known by the abbreviation "VOC" in Dutch) was the brainchild of Johan van Oldenbarnevelt, the leading statesman of the Dutch Republic.
Amsterdam VOC headquarters

The Dutch East India Company (Old Dutch: Vereenigde Oost-Indische Compagnie), or VOC, started in 1602, when the Netherlands gave a group of small trading companies a 21-year monopoly to trade in Asia. It was the first multinational corporation in the world and the first company to issue stock.[2] The VOC had the power to start wars, make treaties, make its own money and start new colonies.[3]

It was an important company for almost 200 years, but it became bankrupt in 1800.[4] The VOC's colonies became the Dutch East Indies, which later became Indonesia.
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  1. ↑ "The Dutch East India Company (VOC)". Canon van Nederland. Archived from the original on 1 December 2010. Retrieved 19 March 2011.
  2. ↑ Mondo Visione web site: Chambers, Clem. "Who needs stock exchanges?" Archived 2009-02-07 at the Wayback Machine Exchanges Handbook. -- retrieved February 1, 2008.
  3. ↑ Ames, Glenn J. (2008). The Globe Encompassed: The Age of European Discovery, 1500-1700. p. 102-103. ISBN 9780131933880.
  4. ↑ Ricklefs, M.C. (1991). A History of Modern Indonesia Since c.1300, 2nd Edition. London: MacMillan. p. 110. ISBN 0-333-57689-6.

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