Karl Marx Confectionery Factory
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Karl Marx Confectionery Factory
Kyiv confectionery factory "Roshen" ( uk, Київська кондитерська фабрика "Рошен"), formerly known as the Karl Marx Kiev Confectionery Factory ( uk, Київська кондитерська фабрика імені Карла Маркса) is the largest confectionery company in Kyiv, Ukraine, and the most important subdivision of the Roshen Confectionery Corporation. History The factory was founded in 1874 by Valentin Yefimov. In 1923, it was named after Karl Marx by the Soviet authorities in order to celebrate his 105th anniversary. Petro Poroshenko acquired control over the factory soon after its privatization in the 1990s, making it the basis for the future Roshen Corporation; a major modernization with Western equipment followed. It is unclear when exactly Roshen decided to officially rename the factory, dropping the "Karl Marx" part. The project to revitalize part of the Roshen factory won a bronze medal at the prestigious Interna ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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