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ZAZ Vehicles
ZAZ or Zaporizhzhia Automobile Building Plant ( uk, ЗАЗ, Запорізький автомобілебудівний завод, ''Zaporiz'kyi avtomobilebudivnyi zavod'' or ''Zaporiz'kyi avtozavod'') is the main automobile manufacturer of Ukraine, based in the south-eastern city of Zaporizhzhia. It also produces buses and trucks and is known for its former parent company's name, AvtoZAZ. History The date of foundation of the plant is considered to be 1863. In 1908, the company was founded, which later became the Melitopol Motor Plant (MeMZ). In 1923, the former Abram Koop plant was renamed the Communar. In 1960, the Melitopol Motor Plant began to supply its engines to the Zaporizhia Automobile Plant. Since 1975, MeMZ has become a part of the production association "AvtoZAZ". Today it is one of the structural elements of PJSC "ZAZ". In 1961 the plant was renamed "Zaporizhia Automobile Plant". The plant was engaged in the production of a single car - ZAZ-965, which went down i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
