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Valtion Kivääritehdas
Valtion Kivääritehdas (VKT), ''State Rifle Factory'' in English, was a Finnish state-owned firearms manufacturer that existed independently in the Tourula district of Jyväskylä in Finland from 1926 to 1946. The first serial product in the factory was the Lahti-Saloranta M/26 light machine gun. Other military firearms included the Lahti L-35 pistol and the Lahti L-39 20 mm anti-tank rifle. During World War II, production was decentralized to Seppälänkangas depot and SOK-owned factories in Vaajakoski. After the war in 1946, VKT was consolidated into the government-owned ''Valtion metallitehtaat'' conglomerate that became Valmet in 1951 and the unit was named just Tourula factory. The factory still produced sport and hunting rifles, but the main focus shifted to building industrial machines and tractors. Finally, Valmet's Tourula factory was merged with SAKO Sako or SAKO may refer to: People with the surname * Bakary Sako (born 1988), French-born Malian footballer * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Company
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
