Pipistrel Virus Avalon Vabre
Pipistrel d.o.o Ajdovščina is a Slovenian light aircraft manufacturer established in 1989Or 1989... --> by Ivo Boscarol and based in Ajdovščina. Its facilities are located in Ajdovščina, Slovenia, and near the town of Gorizia, Italy. By March 2019, Pipistrel had produced more than 2000 aircraft. In April 2022, the company was purchased by Textron. History Due to legal restrictions imposed by the Yugoslavian government during the 1980s, the first aircraft was flown secretly in the evening, between dusk and dark. The flying times and triangular shape of the hang-glider style wings earned the aircraft the nickname "bats" which was adopted by the company naming themselves after the Italian word for bat, pipistrello. Initially Pipistrel produced only powered hang gliders, designed by Ivo Boscarol, who produced experimental ultralight trikes with a group of his friends as a private enterprise starting in the mid-1980s. The first serially-built ultralight trike, the Basic ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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