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Metalac Zagreb
Metalac a.d. ( sr-cyr, Металац) is a Serbian manufacturing company based in Gornji Milanovac, Serbia. With around 2,000 employees, it is one of the largest companies in Moravica District. History Metalac was founded in 1959 in Gornji Milanovac, SFR Yugoslavia. It soon emerged as the largest Yugoslavian kitchen utensil manufacturer. Since 21 July 1998, it has operated as a joint-stock company. Metalac has a total of 14 subsidiary companies, of which five are manufacturing companies and ten wholesale companies in Serbia and abroad. The governing bodies of the company are the supervisory board and the board of directors. Supervisory and management boards are appointed for a period of four years. The Supervisory Board consists of experts who are important for the company's operations, while the Executive Board consists of five executive directors. The Director General shall be appointed from the Executive Board. Market data As of 19 January 2018, Metalac a.d. has a market c ...
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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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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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Manufacturing Companies Established In 1959
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Companies Based In Gornji Milanovac
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 pe ...
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1959 Establishments In Yugoslavia
Events January * January 1 - Cuba: Fulgencio Batista flees Havana when the forces of Fidel Castro advance. * January 2 - Lunar probe Luna 1 was the first man-made object to attain escape velocity from Earth. It reached the vicinity of Earth's Moon, and was also the first spacecraft to be placed in heliocentric orbit. * January 3 ** The three southernmost atolls of the Maldive Islands, Maldive archipelago (Addu Atoll, Huvadhu Atoll and Fuvahmulah island) United Suvadive Republic, declare independence. ** Alaska is admitted as the 49th U.S. state. * January 4 ** In Cuba, rebel troops led by Che Guevara and Camilo Cienfuegos enter the city of Havana. ** Léopoldville riots: At least 49 people are killed during clashes between the police and participants of a meeting of the ABAKO Party in Kinshasa, Léopoldville in the Belgian Congo. * January 6 ** Fidel Castro arrives in Havana. ** The International Maritime Organization is inaugurated. * January 7 – The United States reco ...
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Association Football
Association football, more commonly known as football or soccer, is a team sport played between two teams of 11 players who primarily use their feet to propel the ball around a rectangular field called a pitch. The objective of the game is to score more goals than the opposition by moving the ball beyond the goal line into a rectangular framed goal defended by the opposing side. Traditionally, the game has been played over two 45 minute halves, for a total match time of 90 minutes. With an estimated 250 million players active in over 200 countries, it is considered the world's most popular sport. The game of association football is played in accordance with the Laws of the Game, a set of rules that has been in effect since 1863 with the International Football Association Board (IFAB) maintaining them since 1886. The game is played with a football that is in circumference. The two teams compete to get the ball into the other team's goal (between the posts and under t ...
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FK Metalac Gornji Milanovac
FK Metalac Gornji Milanovac () is a professional football club based in Gornji Milanovac, Serbia. They compete in the Serbian First League, the second tier of the national league system. History The club was founded as FK Radnik on 12 June 1961. The initiative came from Miroslav Spasojević, a former FK Takovo player, and was backed by two local companies, Graditelj and Metalac. The club was immediately registered with the Čačak Football Subassociation and started competing in the local leagues. They would change their name to FK Metalac in 1965. The club made its first notable achievement by qualifying for the Yugoslav Cup in 1974, but lost away to Borac Travnik in the opening round. In 1995, the club merged with FK Autoeksport, taking its spot in the Morava-Šumadija Zone League, the fourth tier of football in FR Yugoslavia. They would go on to earn promotion to the Serbian League Morava in 1997. However, the club suffered relegation from the third tier after just one season ...
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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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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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SFR Yugoslavia
The Socialist Federal Republic of Yugoslavia, commonly referred to as SFR Yugoslavia or simply as Yugoslavia, was a country in Central and Southeast Europe. It emerged in 1945, following World War II, and lasted until 1992, with the breakup of Yugoslavia occurring as a consequence of the Yugoslav Wars. Spanning an area of in the Balkans, Yugoslavia was bordered by the Adriatic Sea and Italy to the west, by Austria and Hungary to the north, by Bulgaria and Romania to the east, and by Albania and Greece to the south. It was a one-party socialist state and federation governed by the League of Communists of Yugoslavia, and had six constituent republics: Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia, and Slovenia. Within Serbia was the Yugoslav capital city of Belgrade as well as two autonomous Yugoslav provinces: Kosovo and Vojvodina. The SFR Yugoslavia traces its origins to 26 November 1942, when the Anti-Fascist Council for the National Liberation of Yugoslavia wa ...
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Belgrade Stock Exchange
The Belgrade Stock Exchange (abbr. BELEX, sr, Београдска берза, Beogradska berza) is a stock exchange based in Belgrade, Serbia. The Stock exchange was founded in 1894 in the Kingdom of Serbia, after the King proclaimed the Stock exchange law of 1886. Currently, the Belgrade Stock Exchange is a full member of Federation of Euro-Asian Stock Exchanges (FEAS) and an associate member of Federation of European Securities Exchanges (FESE). History The first ideas about establishing an institution which would control the movement of the value of money appeared in Serbia in the 1830s. The Serbian Trading Association, important for the development of the entire Serbian economy, initiated the passing of the Stock Exchange Law. The national Assembly adopted the Law on 3. November 1886, and the Law was proclaimed by the then King of Serbia Milan M. Obrenović. Several years later, on 21. November 1894, in "Građanska kasina" the Belgrade Stock Exchange held its Foundi ...
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Moravica District
The Moravica District ( sr, / , ) is one of eight administrative districts of Šumadija and Western Serbia. It is located in the central and south-western parts of Serbia. The name ''Moravica'' derives from the river Moravica, which forms the West Morava, both passing through the district. According to the 2011 census results, it had a population of 212,603. The administrative center of the Moravica district is the city of Čačak. Municipalities The district encompasses of the 3 municipalities and the city of Čačak: * Gornji Milanovac * Lučani * Ivanjica Demographics According to the last official census done in 2011, the Moravica District had 212,603 inhabitants. 53.8% of the population lived in the urban areas. Ethnic groups Ethnic composition of the Moravica district: Culture In the monuments heritage of Čačak a special place is taken by the religious building: monasteries and churches. The ten monasteries of the Ovčarsko-Kablarska Gorge are referred to as the Ser ...
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