Aluminij Industries
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Aluminij Industries
Aluminij Industries ( sh, Aluminij Industrija) is an aluminium producing company and a subsidiary of M.T. Abraham Group based in Mostar, Bosnia and Herzegovina. Since 2020 it is leasing the production assets of Aluminij, an aluminium producer established in 1975 and for a long time one of the largest producers and exporters in Bosnia and Herzegovina. Since 2022, Aluminij Industries is the largest exporter in Bosnia and Herzegovina and the second largest importer. History Aluminij, an aluminium producing company established in 1975, and one of the largest producers and exporters in Bosnia and Herzegovina ever since, halted its production in July 2019, after it had accumulated a large number of unpaid electricity bills from Elektroprivreda HZ HB, which in turn cut off its supply. The government of the Federation of Bosnia and Herzegovina, its largest shareholder, announced a rescue plan for the end of the year. M.T. Abraham Group, an Israeli company with headquarters in Panama, ...
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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 entit ...
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Panama
Panama ( , ; es, link=no, Panamá ), officially the Republic of Panama ( es, República de Panamá), is a transcontinental country spanning the southern part of North America and the northern part of South America. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. Its capital and largest city is Panama City, whose metropolitan area is home to nearly half the country's million people. Panama was inhabited by indigenous tribes before Spanish colonists arrived in the 16th century. It broke away from Spain in 1821 and joined the Republic of Gran Colombia, a union of Nueva Granada, Ecuador, and Venezuela. After Gran Colombia dissolved in 1831, Panama and Nueva Granada eventually became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the construction of the Panama Canal to be completed by the United States Army Corps of ...
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Aluminium Companies Of Bosnia And Herzegovina
Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, non-magnetic and ductile. It has one stable isotope, 27Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of 26Al is used in radiodating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ is small and highly charged; as such, it is polarizing, and bonds aluminium forms tend towards covalency. The strong affinity tow ...
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Multinational Companies
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including ''Forbes Global 2000'' companies. History Colonialism The ...
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Manufacturing Companies Established In 2020
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product ...
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Companies Based In Mostar
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ...
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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 entit ...
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Israel
Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated on the Eastern Mediterranean, southeastern shore of the Mediterranean Sea and the northern shore of the Red Sea, and Borders of Israel, shares borders with Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. Israel also is bordered by the Palestinian territories of the West Bank and the Gaza Strip to the east and west, respectively. Tel Aviv is the Economy of Israel, economic and Science and technology in Israel, technological center of the country, while its seat of government is in its proclaimed capital of Jerusalem, although Status of Jerusalem, Israeli sovereignty over East Jerusalem is unrecognized internationally. The land held by present-day Israel witnessed some of the earliest human occup ...
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Aluminium
Aluminium (aluminum in AmE, American and CanE, Canadian English) is a chemical element with the Symbol (chemistry), symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and Passivation (chemistry), forms a protective layer of Aluminium oxide, oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, Magnetism, non-magnetic and ductility, ductile. It has one stable isotope, 27Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of Aluminum-26, 26Al is used in Radiometric dating, radiodating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ is small and h ...
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Federation Of Bosnia And Herzegovina
The Federation of Bosnia and Herzegovina is one of the two entities within the State of Bosnia and Herzegovina, the other being Republika Srpska. The Federation of Bosnia and Herzegovina consists of 10 autonomous cantons with their own governments and legislatures. The Federation was created by the 1994 Washington Agreement, which ended the Croat–Bosniak War within the Bosnian War, and established a constituent assembly that continued its work until October 1996. The Federation has a capital, government, president, parliament, customs and police departments and two postal systems. It occupies about half of the land of Bosnia and Herzegovina. From 1996 until 2005 it had its own army, the Army of the Federation of Bosnia and Herzegovina, later merged in the Armed Forces of Bosnia and Herzegovina. The capital and largest city is Sarajevo with 275,524 inhabitants. History The basis for the creation of the Federation of Bosnia and Herzegovina were laid down by the W ...
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Elektroprivreda HZ HB
JP Elektroprivreda HZHB d.d. ( hr, JP Elektroprivreda Hrvatske zajednice Herceg Bosne) is a public power utility company based in Mostar, Bosnia and Herzegovina. History JP Elektroprivreda HZHB d.d. was formed on 28 August 1992 on Croats of Bosnia and Herzegovina and HVO dominated territory, and used as public utility company for territory of defunct Croatian Community of Herzeg-Bosnia. In 1999, EPHZHB had the electricity generation capacity of 762 MW, all from hydro power plants, while its distribution-level consumption was 1,075 GWh. On May 20, 2004 it became an entity government-owned publicly traded company. In March 2018, EPHZHB launched a 50.6 MW Mesihovina wind power plant, located near the northwestern town of Tomislavgrad. It consists of 22 turbines and can produce 165.2 GWh of power a year, enough to supply 27,500 households. Power generation and consumption GWh Source 2010–2015, 2016 2017, 2018 Structure 90% of company stock is owned by Federation of Bosnia ...
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