What does VOC stand for Dutch?

Vereenigde Oostindische Compagnie
In Dutch, the name of the company is Vereenigde Oostindische Compagnie or Verenigde Oost-Indische Compagnie, literally the “United East Indian Company”, which is abbreviated to VOC.

What is VOC in history?

Return to VOC Historical Society home page. WHAT DOES VOC MEAN? It stands for Vereenigde Oostindische Compagnie (United East Indies Company). It was formed in the Netherlands in 1602 with the aim of sending ships to East Asia to buy pepper, cinnamon and other spices and trade them on European markets.

What happened to the VOC?

The VOC was nationalized on March 1, 1796 by the new Batavian Republic, and its charter was allowed to expire on December 31, 1799. Most of the VOC’s Asian possessions were ceded to the British after the Napoleonic Wars were finished, and the English East India Company took over the VOC’s infrastructure.

Who established the VOC?

Johan van OldenbarneveltDutch East India Company / FounderJohan van Oldenbarnevelt, Heer van Berkel en Rodenrijs, Gunterstein and Bakkum was a Dutch statesman who played an important role in the Dutch struggle for independence from Spain.
Van Oldenbarnevelt was born in Amersfoort. Wikipedia

How much would the VOC be worth today?

about $7.8 trillion
Known under the initials VOC (Vereenigde Oostindische Compagnie), the Dutch East India Company would be worth about $7.8 trillion today.

Who owned the VOC?

The VOC was established in 1602 as a chartered company whose goal was to trade with Mughal India, where most of Europe’s cotton and silk originated. Quickly, the Dutch government gave it a 21-year monopoly on the spice trade with South Asian countries, and the company took off from there.

What powers did the VOC FORM AND WHY?

How rich are VOCs?

A staggering $8.28 trillion The most valuable company of all time, however, was the Dutch East India Company (VOC). According to howmuch.net, its worth reached a staggering $8.28 trillion in 1637.

What powers did the VOC have?

The VOC had powers that a corporation today would hopefully never have: it could wage war, take and execute prisoners, coin money, negotiate treaties, and establish colonies. It did all of this. As much as modern-day corporations like Google and Shell have way too much power, the VOC was a whole different level.

Was the VOC the richest company in the world?

The most valuable company of all time, however, was the Dutch East India Company (VOC). According to howmuch.net, its worth reached a staggering $8.28 trillion in 1637.

What is the richest company ever?

The Vereenigde Oostindische Compagnie (Anglicised: Dutch East India Company) was a megacorporation set up by the Dutch government by combining multiple rival Dutch charter companies into one mega-company, removing the competition which was stifling profits.