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Pipistrel Aircraft
Pipistrel d.o.o Ajdovščina is a Slovenian Ultralight aviation, light aircraft manufacturer established in 1989Or 1989... --> by Ivo Boscarol and based in Ajdovščina. Its facilities are located in Ajdovščina, Slovenia, and near Gorizia, Italy. By March 2019, Pipistrel had produced more than 2000 aircraft. In April 2022, the company was purchased by Textron. History Due to legal restrictions imposed by the Yugoslavian government during the 1980s, Pipistrel's first aircraft was flown secretly in the evening between dusk and dark. The flying times and triangular shape of the hang-glider style wings earned the aircraft the nickname "bats," which was adopted by the company naming themselves after the Italian word for bat, :wikt:it:pipistrello, pipistrello. Initially, Pipistrel produced only powered hang gliders designed by Ivo Boscarol, who produced experimental ultralight trikes with a group of his friends as a private enterprise starting in the mid 1980s. The first serial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
