Metalac A.d.
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Metalac A.d.
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 mark ...
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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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