Not in German they don't :-) I actually use the company with the longest name in the world as a test for validating web input forms.

Donaudampfschiffahrtselektrizitätenhauptbetriebswerk- bauunterbeamtengesellschaft

which is "association of subordinate officials of the head office management of the Danube steamboat electrical services"

It also tests that you handle the high ascci characters properly

No, you say them as words to sound like a child. "What's the mao over the dao (tao?) versus the are-poo?"