Novoroscement
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Novoroscement
Novoroscement is a major producer of cement with its headquarters located in Novorossiysk, Russia. The company's full name is ''Открытое акционерное общество Новоросцемент'' (Joint Stock Company Novoroscement). History The company originated in 1882 when the first cement factory in Novorossiysk was launched, named the Black Sea Society Cement Production (now called The Proletariat). In 1922, the Novoroscement trust was established as part of the restoration of factories that were destroyed during the Russian Civil War. In 1992, the Novoroscement plant was privatised. Owners and executives The owner of all the company's shares is the Cyprus offshore company Chevra Investments Limited. The ultimate beneficiary of this company is a Russian businessman, Lev Kvetnoy.Bela Lyauv. New cement from Kvetnoy, ''Vedomosti'', № 130 (2152), 16 July 2008 Oleg Burlakov played a significant role in company's post-Soviet development. Activity The compan ...
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Oleg Burlakov
Oleg Leonidovich Burlakov (russian: Олег Леонидович Бурлаков; August 24, 1949 – June 21, 2021) was a Russian oligarch and billionaire. He was also the co-owner of Stroylesbank, the main shareholder of the Burneftegaz company (85%), the former owner and chairman of the board of Novoroscement, the owner of the Terpentin paint and varnish factory in Višegrad and the Impulse Investment and Construction Company. In 2021, Burlakov was ranked 177th in the Russian Forbes list with a fortune of nearly 3 billion pounds. In the same year, he died from COVID-19. Biography Oleg Burlakov was born in Leningrad in 1949. He graduated from school in the village of Bagerovo near Kerch. Burlakov's father was transferred to serve in a military unit engaged in the development of means of delivering atomic weapons to test sites such as those in Semipalatinsk and Novaya Zemlya. Upon finishing his preliminary education, Oleg Burlakov entered the Kiev military aviation school. ...
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Post-Soviet
The post-Soviet states, also known as the former Soviet Union (FSU), the former Soviet Republics and in Russia as the near abroad (russian: links=no, ближнее зарубежье, blizhneye zarubezhye), are the 15 sovereign states that were union republics of the Soviet Union, which emerged and re-emerged from the Soviet Union following its dissolution in 1991. Russia is the primary ''de facto'' internationally recognized successor state to the Soviet Union after the Cold War; while Ukraine has, by law, proclaimed that it is a state-successor of both the Ukrainian SSR and the Soviet Union which remained under dispute over formerly Soviet-owned properties. The three Baltic states – Estonia, Latvia, and Lithuania – were the first to declare their independence from the USSR, between March and May 1990, claiming continuity from the original states that existed prior to their annexation by the Soviet Union in 1940. The remaining 12 republics all subsequently seceded, all ...
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Russian Brands
Russian(s) refers to anything related to Russia, including: *Russians (, ''russkiye''), an ethnic group of the East Slavic peoples, primarily living in Russia and neighboring countries *Rossiyane (), Russian language term for all citizens and people of Russia, regardless of ethnicity *Russophone, Russian-speaking person (, ''russkogovoryashchy'', ''russkoyazychny'') *Russian language, the most widely spoken of the Slavic languages *Russian alphabet *Russian cuisine *Russian culture *Russian studies Russian may also refer to: *Russian dressing *''The Russians'', a book by Hedrick Smith *Russian (comics), fictional Marvel Comics supervillain from ''The Punisher'' series *Russian (solitaire), a card game * "Russians" (song), from the album ''The Dream of the Blue Turtles'' by Sting *"Russian", from the album ''Tubular Bells 2003'' by Mike Oldfield *"Russian", from the album '' '' by Caravan Palace *Nik Russian, the perpetrator of a con committed in 2002 *The South African name for a ...
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Manufacturing Companies Established In 1922
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 ...
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Companies Based In Novorossiysk
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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Building Materials Companies Of Russia
A building, or edifice, is an enclosed structure with a roof and walls standing more or less permanently in one place, such as a house or factory (although there's also portable buildings). Buildings come in a variety of sizes, shapes, and functions, and have been adapted throughout history for a wide number of factors, from building materials available, to weather conditions, land prices, ground conditions, specific uses, prestige, and aesthetic reasons. To better understand the term ''building'' compare the list of nonbuilding structures. Buildings serve several societal needs – primarily as shelter from weather, security, living space, privacy, to store belongings, and to comfortably live and work. A building as a shelter represents a physical division of the human habitat (a place of comfort and safety) and the ''outside'' (a place that at times may be harsh and harmful). Ever since the first cave paintings, buildings have also become objects or canvasses of much artisti ...
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International Financial Reporting Standards
International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries. They are particularly relevant for companies with shares or securities listed on a public stock exchange. IFRS have replaced many different national accounting standards around the world but have not replaced the separate accounting standards in the United States where U.S. GAAP is applied. History The International Accounting Standards Committee (IASC) was established in June 1973 by accountancy bodies representing ten countries. It devised and published International Accounting Standards (IAS), interpretations and a conceptual framework. These were looked to by many national accounting standard-set ...
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Net Profit
In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. It is computed as the residual of all revenues and gains less all expenses and losses for the period,Stickney, et al. (2009) Financial Accounting: An Introduction to Concepts, Methods, and Uses. Cengage Learning and has also been defined as the net increase in shareholders' equity that results from a company's operations.Needles, et al. (2010) Financial Accounting. Cengage Learning. It is different from gross income, which only deducts the cost of goods sold from revenue. For households and individuals, net income refers to the (gross) income minus taxes and other deductions (e.g. mandatory pension contributions). Definition Net income can be distributed among holders of common stock as a dividend or h ...
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Total Revenue
Total revenue is the total receipts a seller can obtain from selling goods or services to buyers. It can be written as ''P × Q'', which is the price of the goods multiplied by the quantity of the sold goods. Perfect competitor A perfectly competitive firm faces a demand curve that is infinitely elastic. That is, there is exactly one price that it can sell at – the market price. At any lower price it could get more revenue by selling the same amount at the market price, while at any higher price no one would buy any quantity. Total revenue equals the market price times the quantity the firm chooses to produce and sell. Monopoly As with a perfect competitor, a monopolist’s total revenue is the total receipts it can obtain from selling goods or services to buyers. It can be written as P\times Q, which is the price of the goods multiplied by the quantity of the sold goods. A monopolist's total revenue can be graphed as in Figure 1, in which Price (P) is the height of the box ...
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Marl
Marl is an earthy material rich in carbonate minerals, clays, and silt. When hardened into rock, this becomes marlstone. It is formed in marine or freshwater environments, often through the activities of algae. Marl makes up the lower part of the cliffs of Dover, and the Channel Tunnel follows these marl layers between France and the United Kingdom. Marl is also a common sediment in post-glacial lakes, such as the marl ponds of the northeastern United States. Marl has been used as a soil conditioner and neutralizing agent for acid soil and in the manufacture of cement. Description Marl or marlstone is a carbonate-rich mud or mudstone which contains variable amounts of clays and silt. The term was originally loosely applied to a variety of materials, most of which occur as loose, earthy deposits consisting chiefly of an intimate mixture of clay and calcium carbonate, formed under freshwater conditions. These typically contain 35–65% clay and 65–35% carbonate. The te ...
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Krasnodar Territory
Krasnodar Krai (russian: Краснода́рский край, r=Krasnodarsky kray, p=krəsnɐˈdarskʲɪj kraj) is a federal subject of Russia (a krai), located in the North Caucasus region in Southern Russia and administratively a part of the Southern Federal District. Its administrative center is the city of Krasnodar. The third most populous federal subject, the krai had a population of 5,226,647 as of the 2010 Census. Krasnodar Krai is formally and informally referred to as Kuban (russian: Кубань), a term denoting the historical region of Kuban situated between the Sea of Azov and the Kuban River which is mostly composed of the krai's territory. It is bordered by Rostov Oblast to the north, Stavropol Krai to the east, Karachay-Cherkessia to the south-east, and Adygea is an enclave entirely within the krai. Krasnodar Krai shares an international border with the disputed region of Georgia, Abkhazia, to the south, and borders annexed Crimea to the west, across t ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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