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Sartid
The HBIS GROUP Serbia Iron & Steel, commonly known as the Hesteel Serbia (Serbian language, Serbian: Хестил Србија / Hestil Srbija) or Železara Smederevo ( sr-Cyrl, Железара Смедерево), is a Serbian steel manufacturing conglomerate with the headquarters in Belgrade. It operates with facilities in Radinac (steel plant, hot and cold rolling mill), Smederevo (harbor), Šabac (tinplate) and Kučevo (limestone mining). History 1913–2003: SARTID On 20 February 1913, the company was founded under the name ''SARTID'' Types of business entity#Serbia, a.d. (''Srpsko akcionarsko rudarsko topioničarsko industrijsko društvo'' a.d.). In the beginning, mainly foreign investors were shareholders of the company. During the period from 1945 to 1992, the Government of Socialist Federal Republic of Yugoslavia operated the steel plant. Many new factories were opened in that period, while Železara Smederevo was seen as a pillar of the Yugoslav metallurgy. During the ...
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FK Sartid
Fudbalski klub Smederevo 1924 ( sr-cyr, Фудбалски клуб Смедерево 1924), commonly known as Smederevo, is a Serbian professional football club based in Smederevo. During Yugoslavia the club mainly played in amateur ranks of competition. Sartid Smederevo as the club was known in this era (''Srpsko akcionarsko rudarsko topioničarsko industrijsko društvo'') managed to beat Crvena Zvezda 1–0 in the 2002–03 Serbia and Montenegro Cup final at Partizan Stadium, achieving the club's greatest success in its history. Marko Pantelic scoring the winning goal in the 110th minute of the game. At the start of the year 2000 the club started to become significant within Serbian football and even managed to qualify for UEFA Cup where they had some memorable wins against the likes of Dundee FC, Bangor City, FK Sarajevo, UE Sant Julià. The club also played some big opposition been competitive but eventually losing ties to clubs such as 1860 München, Ipswich Town and Sla ...
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Smederevo
Smederevo ( sr-Cyrl, Смедерево, ) is a city and the administrative center of the Podunavlje District in eastern Serbia. It is situated on the right bank of the Danube, about downstream of the Serbian capital, Belgrade. According to the 2011 census, the city has a population of 64,105, with 108,209 people living in its administrative area. Its history starts in the 1st century BC, after the conquest of the Roman Empire, when there existed a settlement by the name of ''Vinceia''. The modern city traces its roots back to the Late Middle Ages when it was the capital (1430–39, and 1444–59) of the last independent Serbian state before Ottoman conquest. Smederevo is said to be the city of iron ( sr, / ) and grapes (). Names In Serbian, the city is known as ''Smederevo'' (Смедерево), in Latin, Italian, Romanian and Greek as ''Semendria'', in Hungarian as ''Szendrő'' or ''Vég-Szendrő'', in Turkish as ''Semendire''. The name of Smederevo was first r ...
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Radinac
Radinac ( sr-cyr, Радинац) is a village in the municipality of Smederevo, Serbia. According to the 2011 census, the village has a population of 5,428 people. It is home to Serbia's only operating steel mill - Železara Smederevo, previously known as Sartid. See also * Populated places of Serbia *Železara Smederevo The HBIS GROUP Serbia Iron & Steel, commonly known as the Hesteel Serbia (Serbian: Хестил Србија / Hestil Srbija) or Železara Smederevo ( sr-Cyrl, Железара Смедерево), is a Serbian steel manufacturing conglomerate wi ... References {{commonscat, Radinac Populated places in Podunavlje District ...
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Types Of Business Entity
A business entity is an entity that is formed and administered as per corporate law in order to engage in business activities, charitable work, or other activities allowable. Most often, business entities are formed to sell a product or a service. There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province. Some of these types are listed below, by country. For guidance, approximate equivalents in the company law of English-speaking countries are given in most cases, for example: *private company limited by shares or Ltd. (UK, Ireland and the Commonwealth) *public limited company (UK, Ireland and the Commonwealth) *limited partnership *general partnership *chartered company *statutory corporation *state-owned enterprise *holding ...
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Taxation In Serbia
Taxation in Serbia consists of the following; the standard corporate tax rate in Serbia is 15%, although some deductions might apply. The standard VAT rate is 20% and the lower rate is 10%. Income from dividends is a subject to a 15% tax. Serbia has tax treaties with most countries in, but few outside, Europe. The standard personal tax rate is 10%. If the individual earns more than 3 times average salary, an additional tax rate of 10% is applied. For a person earning six times the average salary, an additional 15% is applied on top of the previously described taxes. It must be clear that all the tax rates described are cumulatively applied, one on top of the other. Obligatory contributions for state funds by an employee (up to a certain amount) include: * 14% state pension fund * 5.15% state health fund * 0.75% unemployment insurance Obligatory contributions for state funds by an employer (also capped) include: * 12% state pension fund * 5.15% state health fund * 0.00% unemploy ...
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1913 Establishments In Serbia
Events January * January 5 – First Balkan War: Battle of Lemnos (1913), Battle of Lemnos – Greek admiral Pavlos Kountouriotis forces the Turkish fleet to retreat to its base within the Dardanelles, from which it will not venture for the rest of the war. * January 13 – Edward Carson founds the (first) Ulster Volunteers, Ulster Volunteer Force, by unifying several existing Ulster loyalism, loyalist militias to resist home rule for Ireland. * January 23 – 1913 Ottoman coup d'état: Ismail Enver comes to power. * January – Stalin (whose first article using this name is published this month) travels to Vienna to carry out research. Until he leaves on February 16 the city is home simultaneously to him, Hitler, Trotsky and Josip Broz Tito, Tito alongside Alban Berg, Berg, Freud and Jung and Ludwig Wittgenstein, Ludwig and Paul Wittgenstein. February * February 1 – New York City's Grand Central Terminal, having been rebuilt, reopens as the ...
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Aleksandar Vučić
Aleksandar Vučić ( sr-Cyrl, Александар Вучић, ; born 5 March 1970) is a Serbian politician serving as the president of Serbia since 2017, and as the president of the Serbian Progressive Party (SNS) since 2012. Vučić served as the Prime Minister of Serbia in two terms, from 2014 to 2016 and from 2016 until 2017, as well as the deputy prime minister from 2012 until 2014. Furthermore, he served as a member of the Serbian parliament, Minister of Information from 1998 to 2000, and later as Minister of Defence from 2012 to 2013. In April 2017, he was elected president with over 55% of the vote in the first round, thus avoiding a runoff. He formally assumed office on 31 May 2017, succeeding Tomislav Nikolić. His ceremonial inauguration ceremony was held on 23 June 2017. As Minister of Information under the Slobodan Milošević administration, Vučić introduced restrictive measures against journalists, especially during the Kosovo War. In the period after the Bu ...
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Tender Offer
In corporate finance, a tender offer is a type of public takeover bid. The tender offer is a public, open offer or invitation (usually announced in a newspaper advertisement) by a prospective acquirer to all stockholders of a publicly traded corporation (the target corporation) to tender their stock for sale at a specified price during a specified time, subject to the tendering of a minimum and maximum number of shares. In a tender offer, the bidder contacts shareholders directly; the directors of the company may or may not have endorsed the tender offer proposal. To induce the shareholders of the target company to sell, the acquirer's offer price is usually at a premium over the current market price of the target company's shares. For example, if a target corporation's stock were trading at $10 per share, an acquirer might offer $11.50 per share to shareholders on the condition that 51% of shareholders agree. Cash or securities may be offered to the target company's shareholders, ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Zoran Đinđić
Zoran Đinđić ( sr-Cyrl, Зоран Ђинђић, ; 1 August 1952 – 12 March 2003) was a Serbian politician who served as the prime minister of Serbia from 2001 until his assassination in 2003. He was the mayor of Belgrade in 1997. Đinđić was a long-time opposition politician, and held a doctorate in philosophy. Đinđić was one of the original thirteen restorers of the modern day Democratic Party, becoming its president in 1994.Democratic Party official siteDr Zoran Đinđić (1952-2003) During the 1990s, he was one of the co-leaders of the opposition to the administration of Slobodan Milošević, and became the Prime Minister of Serbia in 2001 after the overthrow of Milošević. As Prime Minister, he advocated pro-democratic reforms and the integration of Serbia into European structures. His government ratified the European Convention on Human Rights and implemented innovations in line with the Council of Europe recommendations, which led to the introduction of inst ...
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Prime Minister Of Serbia
The prime minister of Serbia ( sr-Cyrl, премијерка Србије, premijerka Srbije; masculine: премијер/premijer), officially the president of the Government of the Republic of Serbia ( sr-Cyrl, председница Владе Републике Србије, predsednica Vlade Republike Srbije; masculine: председник/predsednik) is the principal executive minister of the Government of Serbia. The prime minister directs the work of the government, and submits to the National Assembly the government's program, including a list of proposed ministers. The resignation of the prime minister results in the dismissal of the government. The current prime minister, Ana Brnabić was nominated by the former prime minister and current president of the Republic, Aleksandar Vučić and elected and appointed by the National Assembly on 29 June 2017. Brnabić currently heads her third cabinet, which was formed in October 2022. History of the office The first moder ...
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Assassination Of Zoran Đinđić
Zoran Đinđić, the sixth Prime Minister of the Republic of Serbia, was assassinated on Wednesday 12 March 2003, in Belgrade, Serbia. Đinđić was fatally shot by a sniper while exiting his vehicle outside of the back entrance of the Serbian government headquarters. Background Đinđić previously escaped an assassination attempt in February 2003, in which a truck driven by Dejan Milenković (AKA ''Bagzi''), a member of the Zemun Clan, an organized crime group, attempted to force the Prime Minister's car off the road in Novi Beograd. Đinđić escaped injury thanks to his security detail. Milenković was arrested, but released from custody after only a few days under unclear circumstances. Đinđić had made many enemies domestically throughout his political career primarily because of his regard as being pro-Western and his hard-line policies on organized crime. Đinđić extradited Slobodan Milošević to the ICTY in 2001. The assassination was organized and planned by ...
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