Kaliningrad Amber Combine
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Kaliningrad Amber Combine
Joint Stock Company Kaliningrad Amber Combine (russian: Калининградский янтарный комбинат) is the only official amber mine in Russia, located in Yantarny, Kaliningrad Oblast. The combine extracts up to 400 tonnes of amber annually, and is owned by the state corporation Rostec. The region around the combine holds 90% of the world's extractable amber, and the Kaliningrad Combine accounts for 65% of the global amber market. Most of the combine's production is sold to China. The Kaliningrad Combine also owns the Malyshevskoye emerald mine in Malysheva, Sverdlovsk Oblast, the only commercial emerald mine in Russia, and produces beryllium ores and concentrates in the same facility. In 2017 the company held Russia's first emerald auction on the Saint Petersburg Stock Exchange. History The Kaliningrad Amber Combine, the world's biggest enterprise for the mining and processing of amber, was established in 1947 on the basis of the , which was part of the ...
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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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East Prussia
East Prussia ; german: Ostpreißen, label=Low Prussian; pl, Prusy Wschodnie; lt, Rytų Prūsija was a province of the Kingdom of Prussia from 1773 to 1829 and again from 1878 (with the Kingdom itself being part of the German Empire from 1871); following World War I it formed part of the Weimar Republic's Free State of Prussia, until 1945. Its capital city was Königsberg (present-day Kaliningrad). East Prussia was the main part of the region of Prussia along the southeastern Baltic Coast. The bulk of the ancestral lands of the Baltic Old Prussians were enclosed within East Prussia. During the 13th century, the native Prussians were conquered by the crusading Teutonic Knights. After the conquest the indigenous Balts were gradually converted to Christianity. Because of Germanization and colonisation over the following centuries, Germans became the dominant ethnic group, while Masurians and Lithuanians formed minorities. From the 13th century, East Prussia was part of the mon ...
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Non-renewable Resource Companies Established In 1947
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present i ...
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Companies Based In Kaliningrad Oblast
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 "arti ...
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