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JSC Kuznetsov
JSC Kuznetsov () is one of the leading Russian producers of aircraft engines, liquid-propellant rocket engines as well as aeroderivative gas turbines and modular stations. The current joint-stock company was established through the consolidation of several Samara, Russia, Samara-based aerospace engine companies, including JSC N.D. Kuznetsov SNTK, JSC Samara Design Bureau of Machine Building and JSC NPO Povolzhskiy AviTI. History The company was established in 1912 as the Gnome Factory of Moscow, after the French aircraft engine company Gnome et Rhône which supplied the engine parts assembled by the plant. In 1925 it was renamed 'Frunze Factory No. 24', after Bolshevik leader Mikhail Frunze. The factory was evacuated to its current location in Samara in 1941. The Samara Frunze Engine-Building Production Association was one of the principal aerospace engine production complexes in Russia, with six plants and 25,000 employees in the early 1990s. It has produced turbojet and turbop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint-stock Company
A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their 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 (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 companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
