Rakvere Lihakombinaat
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Rakvere Lihakombinaat
Rakvere Lihakombinaat (Rakvere Meat Processing Plant) is an Estonian meat products manufacturer, based in Rakvere. It's the biggest meat processor in the Baltic states. History The history of Rakvere Meat Processing Plant dates back to the year 1890 when the first slaughterhouse was opened in Rakvere. In 1905 a new slaughterhouse was built in Rakvere in accordance with the requirements of the time. In 1944 the town's slaughterhouse and Bauman and Schenkel sausage industry were united and Rakvere Meat Processing Plant was established. The enterprise was reconstructed in the 1960s. In 1963 Kohtla-Järve and Narva meat processing plants and joined with the meat processing plant in Rakvere. In 1987 a construction deal was closed with the Finnish enterprise "Suomen Rakennusvienti" and by the year 1990 the biggest, most modern meat processing plant in the Baltic States possessing the technology corresponding to the European level was finished in Roodevälja just northeast of Rakv ...
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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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