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Jojo Wings
Jojo Wings (also styled as JOJOWINGS and Jojo Wing) is a Czech Republic, Czech aircraft manufacturer based in Roudnice nad Labem. The company specializes in the design and manufacture of paragliders and parachutes in the form of ready-to-fly aircraft. The company also makes parafoil kites.Bertrand, Noel; Rene Coulon; et al: ''World Directory of Leisure Aviation 2003-04'', page 21. Pagefast Ltd, Lancaster UK, 2003. History Founded in 1992, the company first sent competitors to the World Paragliding Championships in 1993. The company quickly expanded into canopies for powered paragliding and a number of National and European Champions flew to success on their wings. By 1994 they were building kite wings for snow and land use, with two snow board World Champions using Jojo kites. In 1994 the company also expanded into constructing parachutes for civil and later military use. By the mid-2000s the company had a range of paragliders that included the performance Jojo Addiction, Add ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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