Galenika A.d.
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Galenika A.d.
Galenika a.d. ( sr-cyr, Галеника а.д.) is a Serbian pharmaceutical company with headquarters in Zemun, Belgrade. History Founded in 1945, Galenika was a major pharmaceutical drug-maker in the Balkans with exports to Europe, Africa and Asia. During its golden times, it was the greatest Yugoslav pharmaceutical company which controlled over 65% of SFR Yugoslavia market share. In 1991, the company was bought by American Bausch Health, ICN Pharmaceuticals, led by Serbian American businessman Milan Panić. Even during the 1990s Yugoslav Wars and massive debts of FR Yugoslavia toward the company, it kept operating positive. In 1999, by political decision of Slobodan Milošević's regime, the FR Yugoslavia took over the majority stake of the company. Following the overthrow of Slobodan Milošević in October 2000, the company returned on track and each year had tens of million euros of positive net income. As of 2006, Galenika remained a leader in research and development as th ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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Overthrow Of Slobodan Milošević
The overthrow of Slobodan Milošević in Belgrade, Yugoslavia, began after the presidential election on 24 September and culminated in the downfall of Slobodan Milošević's government on 5 October 2000. It is sometimes referred to as the 5 October Overthrow ( sr, Петооктобарска револуција, Petooktobarska revolucija, lit=The October 5 Revolution) and sometimes colloquially called the (), after one of the most memorable episodes from the day-long protest in which a heavy equipment operator charged the Radio Television of Serbia building, considered to be symbolic of the Milošević regime's propaganda. Prelude Milošević's rule has been described by observers as authoritarian or autocratic, as well as kleptocratic, with numerous accusations of electoral frauds, political assassinations, suppression of media freedom and police brutality. He became the first sitting head of state to be charged with war crimes. His role in the Yugoslav Wars led to inte ...
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Pharmaceutical Companies Established In 1945
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for appropriate management. Drugs are classified in multiple ways. One of the key divisions is by level of control, which distinguishes prescription drugs (those that a pharmacist dispenses only on the order of a physician, physician assistant, or qualified nurse) from over-the-counter drugs (those that consumers can order for themselves). Another key distinction is between traditional small molecule drugs, usually derived from chemical synthesis, and biopharmaceuticals, which include recombinant proteins, vaccines, blood products used therapeutically (such as IVIG), gene therapy, monoclonal antibodies and cell therapy (for instance, stem cell therapies). Other ...
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Companies Based In Belgrade
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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2017 Mergers And Acquisitions
Seventeen or 17 may refer to: *17 (number), the natural number following 16 and preceding 18 * one of the years 17 BC, AD 17, 1917, 2017 Literature Magazines * ''Seventeen'' (American magazine), an American magazine * ''Seventeen'' (Japanese magazine), a Japanese magazine Novels * ''Seventeen'' (Tarkington novel), a 1916 novel by Booth Tarkington *''Seventeen'' (''Sebuntiin''), a 1961 novel by Kenzaburō Ōe * ''Seventeen'' (Serafin novel), a 2004 novel by Shan Serafin Stage and screen Film * ''Seventeen'' (1916 film), an American silent comedy film *''Number Seventeen'', a 1932 film directed by Alfred Hitchcock * ''Seventeen'' (1940 film), an American comedy film *''Eric Soya's '17''' (Danish: ''Sytten''), a 1965 Danish comedy film * ''Seventeen'' (1985 film), a documentary film * ''17 Again'' (film), a 2009 film whose working title was ''17'' * ''Seventeen'' (2019 film), a Spanish drama film Television * ''Seventeen'' (TV drama), a 1994 UK dramatic short starring Christ ...
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1945 Establishments In Serbia
1945 marked the end of World War II and the fall of Nazi Germany and the Empire of Japan. It is also the only year in which nuclear weapons have been used in combat. Events Below, the events of World War II have the "WWII" prefix. January * January 1 – WWII: ** Germany begins Operation Bodenplatte, an attempt by the ''Luftwaffe'' to cripple Allied air forces in the Low Countries. ** Chenogne massacre: German prisoners are allegedly killed by American forces near the village of Chenogne, Belgium. * January 6 – WWII: A German offensive recaptures Esztergom, Hungary from the Russians. * January 12 – WWII: The Soviet Union begins the Vistula–Oder Offensive in Eastern Europe, against the German Army. * January 13 – WWII: The Soviet Union begins the East Prussian Offensive, to eliminate German forces in East Prussia. * January 16 – WWII: Adolf Hitler takes residence in the ''Führerbunker'' in Berlin. * January 17 ** WWII: The Soviet Union occupies Warsaw, Pola ...
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Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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EMS (pharmaceuticals)
EMS is the biggest domestic pharmaceutical company in Brazil,.Focus Report"Brazil: Big Dancer Takes the Floor" Pharmaceutical Executive, October 2007 Founded in the mid-1950s, the company has six Manufacturing plant, industrial plants based in São Bernardo do Campo, Hortolândia and Jaguariúna, in the São Paulo (state), state of São Paulo, Manaus, Brasília and Belgrade in Serbia EMS operates through five divisions: * EMS Similars - markets similares; a class of pharmaceuticals peculiar to the Brazilian market. Not generics but not original brands either; * EMS Generics - markets generics; * EMS Sigma Pharma - markets branded medicines; * EMS Hospital - markets drugs to hospitals; * EMS Consumer - markets OTC drugs. Today the company has a presence in over 30 countries through joint-ventures and strategic partnerships with other pharmaceutical companies. EMS's Brazilian main competitors are Hypermarcas, Eurofarma, Aché (pharmaceuticals), Aché and Cristália (pharmaceutical ...
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Government Of Serbia
The Government of Serbia ( sr, Влада Србије, Vlada Srbije), formally the Government of the Republic of Serbia ( sr, Влада Републике Србије, Vlada Republike Srbije), commonly abbreviated to Serbian Government ( sr, Српска Влада, Srpska Vlada), is the executive branch of government in Serbia. The affairs of government are decided by the Cabinet of Ministers, which is led by the Prime Minister. The government is housed in a Ministry of Finance of Kingdom of Yugoslavia Building. Jurisdiction According to the Constitution of Serbia, the Government: * Determines and guides policy * Executes laws and other general acts of the National Assembly * Adopts regulations and other general acts for the purpose of enforcing laws * Proposes to the National Assembly the laws and other general acts and gives an opinion on them when submitted by another proposer * Directs and coordinates the work of public administration bodies and supervises their work * ...
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Ministry Of Science (Serbia)
The Ministry of Science, Technological Development and Innovation ( sr, Министарство науке, технолошког развоја и иновација / Ministarstvo nauke, tehnološkog razvoja i inovacija) is a ministry in the Serbian government. It originally existed as the ministry of science from 1991 to 2004 and then under various different names from 2004 to 2011, when it was merged into the education ministry. The ministry was re-established as a separate entity with the formation of the third cabinet of Ana Brnabić on 26 October 2022. The current minister in Jelena Begović, a non-partisan figure nominated by the Serbian Progressive Party. The assistant minister is Marina Soković, who was previously assistant minister in the ministry of education, science, and technological development from 2019 to 2022.Pomoćnik mi ...
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Slobodan Milošević
Slobodan Milošević (, ; 20 August 1941 – 11 March 2006) was a Yugoslav and Serbian politician who was the president of Serbia within Yugoslavia from 1989 to 1997 (originally the Socialist Republic of Serbia, a constituent republic of the Socialist Federal Republic of Yugoslavia, from 1989 to 1992) and president of the Federal Republic of Yugoslavia from 1997 to 2000. Formerly a high-ranking member of the League of Communists of Serbia (SKS) during the 1980s, he led the Socialist Party of Serbia from its foundation in 1990 until 2003. Born in Požarevac, he studied law at the University of Belgrade Faculty of Law and joined the League of Socialist Youth of Yugoslavia as a student. During the 1960s he served as an advisor to mayor of Belgrade Branko Pešić, and was later appointed chairman of Tehnogas and Beobanka, roles which he served until the 1980s. Milošević rose to power in 1987 by promoting populist and nationalist views, arguing for the reduction of power of S ...
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