Laraki Borac
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Laraki Borac
Laraki Automobiles SA is a Moroccan manufacturer of high-performance sports cars based in Casablanca, Morocco. The company was established in 1999 by Abdeslam Laraki, a Moroccan designer and entrepreneur with a background in yacht design and industrial engineering. Laraki gained international attention with the unveiling of its first prototype, the ''Laraki Fulgura'', at the 2002 Geneva Motor Show. This was followed by additional concept models, including the ''Laraki Borac'' and the ''Laraki Epitome''. These vehicles are characterized by their bold styling, powerful engines, and limited production, placing them in the luxury and supercar segments. As one of the few African companies focused on designing and producing supercars, Laraki Automobiles represents a distinctive effort within Morocco’s diversified automotive industry. History Laraki was established in 1999 by Abdesslam Laraki, a Moroccan designer and entrepreneur who first became wealthy by importing cars in Moroc ...
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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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