OKK Koksovny
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OKK Koksovny
OKK Koksovny, a.s. (former names OKD, OKK, a.s. and Ostravsko-karvinské koksovny, akciová společnost) is the largest producer of foundry coke in Europe. The Company operates one plant in the City of Ostrava - called 'Svoboda' facility. History The production of coke in the Ostrava area dates back to the 1840s. In 1843 a coking plant named "Jan" (later renamed "President Beneš" and then "Czechoslovak Army" was founded. It was later to become a part of OKK. In 1952 the company OKK was founded and all operating coking plants were merged under one head office, having previously existed as separate state enterprises, except for the metallurgical coking plants (in the Ostrava quarter Vítkovice, in the cities of Třinec and Kladno, and the coking plant Nová Huť [New Smelting Works] founded in the same year). OKK included the coking plants in Ostrava: Svoboda, Jan Šverma, Karolina, Trojice, Czechoslovak army, and Lazy. In 1994 the joint-stock company OKD, OKK was establishe ...
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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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