Metalac a.d. ( sr-cyr, Металац) is a Serbian manufacturing company based in
Gornji Milanovac
Gornji Milanovac ( sr-Cyrl, Гoрњи Милановац, ) is a town and municipality located in the Moravica District of central Serbia. The population of the town is 24,216, while the population of the municipality is 44,406.
The town was foun ...
, Serbia. With around 2,000 employees, it is one of the largest companies in
Moravica District
The Moravica District ( sr, / , ) is one of eight administrative districts of Šumadija and Western Serbia. It is located in the central and south-western parts of Serbia. The name ''Moravica'' derives from the river Moravica, which forms the W ...
.
History
Metalac was founded in 1959 in
Gornji Milanovac
Gornji Milanovac ( sr-Cyrl, Гoрњи Милановац, ) is a town and municipality located in the Moravica District of central Serbia. The population of the town is 24,216, while the population of the municipality is 44,406.
The town was foun ...
,
SFR Yugoslavia
The Socialist Federal Republic of Yugoslavia, commonly referred to as SFR Yugoslavia or simply as Yugoslavia, was a country in Central and Southeast Europe. It emerged in 1945, following World War II, and lasted until 1992, with the breakup of Yug ...
.
It soon emerged as the largest Yugoslavian kitchen utensil manufacturer. Since 21 July 1998, it has operated as a
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 ...
.
Metalac has a total of 14 subsidiary companies, of which five are manufacturing companies and ten wholesale companies in Serbia and abroad.
The governing bodies of the company are the supervisory board and the board of directors. Supervisory and management boards are appointed for a period of four years. The Supervisory Board consists of experts who are important for the company's operations, while the Executive Board consists of five executive directors. The Director General shall be appointed from the Executive Board.
Market data
As of 19 January 2018, Metalac a.d. has a
market capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders.
Market capitalization is equal to the market price per common share multiplied by t ...
of 34.64 million
euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...
s.
Subsidiaries
There are 14 companies that operate as subsidiaries of Metalac:
* Metalac Posudje d.o.o.
* Metalac Print d.o.o.
* Metalac Bojler d.o.o.
* Metalac Inko d.o.o.
* Metalac Fad d.o.o.
* Metalac Market d.o.o.
* Metalac Trade d.o.o.
* Metalalac Proleter a.d.
* Metalac Home Market a.d.
* Metpor d.o.o.
* Metrot o.o.o. (Russia)
* Metalac o.o.o. (Ukraine)
* Metalac Home Market d.o.o. (Croatia)
* Metalac Market d.o.o. (Montenegro)
See also
*
FK Metalac Gornji Milanovac, professional
football
Football is a family of team sports that involve, to varying degrees, kicking a ball to score a goal. Unqualified, the word ''football'' normally means the form of football that is the most popular where the word is used. Sports commonly c ...
club founded by Metalac workers in 1961.
References
External links
*
Metalac Market
1959 establishments in Yugoslavia
Companies based in Gornji Milanovac
Manufacturing companies established in 1959
Manufacturing companies of Serbia
Serbian brands
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