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OJSC Kaustik
A public joint-stock company, abbreviated PJSC (, abbreviated ) or open joint-stock company, abbreviated OJSC (, abbreviated ), is a type of company in many successor states of the Soviet Union, particularly in Russia. Its distinguishing feature is the right of stockholders to trade in stocks without the permission of other stockholders. These public stock companies are somewhat comparable to corporations under US law. Examples in CIS See also * Types of business entity in Russia * Government-owned corporation#Belarus * Unitary enterprise A unitary enterprise () is a government-owned corporation in Russia and some other post-Soviet states. Unitary enterprises are business entities that have no ownership rights to the assets that they use in their operations. This form is possibl ... References External links Public joint-stock companyat International Legal Corporation Economy of Russia Types of business entity {{Russia-company-stub ...
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Company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ...
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TNK-BP
TNK-BP (, ) was a major vertically integrated Russian oil company headquartered in Moscow. It was Russia's third-largest oil producer and among the ten largest private oil companies in the world. In 2013 it was acquired by Russian oil company Rosneft. DeGolyer and MacNaughton confirmed that as of 31 December 2009 TNK-BP's total proved reserves amounted to of oil equivalent. History On 1 September 2003, BP and a group of Russian businessmen represented by the AAR Consortium ( Alfa-Access- Renova) announced the creation of TNK-BP, a strategic partnership to jointly hold their oil assets in Russia and Ukraine. AAR contributed its holdings in TNK International, ONAKO, Sidanko, Rusia Petroleum (which held licenses for the Kovykta field and the Verkhnechonsk field), and the Rospan field in West Siberia (the New Urengoy and East Urengoy deposits). BP contributed its holdings in Sidanko, Rusia Petroleum, and its BP Moscow retail network. In January 2004, BP and AAR further ag ...
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Kalashnikov Concern
JSC Kalashnikov Concern (; ), known until 2013 as the Izhevsk Machine-Building Plant (; ), is a Russian Arms industry, defense manufacturing Concern (business), concern and joint-stock company headquartered in the city of Izhevsk in the Republics of Russia, Republic of Udmurtia as well as the capital city of Moscow. The concern designs and produces a wide range of civilian and military weapons including assault rifles, sniper rifles, designated marksman rifles, machine guns, squad automatic weapons, hunting rifles, shotguns, guided artillery projectiles, and a wide range of other precision weapons including remote controlled weapon stations, unmanned vehicles, and military robots. The Kalashnikov Concern produces about 95% of all small arms in Russia and supplies to more than 27 Country, countries around the world, making it the largest List of modern armament manufacturers, firearm manufacturer in Russia. Notable products include the Kalashnikov rifle, Kalashnikov (AK) assault r ...
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Turkmenistan Airlines
Turkmenistan Airlines (, commonly known as Türkmenhowaýollary) is the flag carrier and only airline of Turkmenistan, headquartered in Ashgabat. An open joint-stock company, it operates domestic and international passenger and cargo services mainly from its hub at Ashgabat International Airport. History The state-owned service Turkmenistan Airlines was founded 4 May 1992. In 1992, Turkmenistan Airlines became the first airline in the former Soviet Union to purchase a Boeing 737-300. In April 1993, Turkmenistan became a full member of the International Civil Aviation Organization (ICAO). The first flight on a cargo aircraft IL-76 was completed on 19 April 1993 from Ashgabat to Brest, Belarus. From 2001, the airline phased out its Soviet-era fleet for a more modern fleet of Boeing 717s, which were extensively used for service on domestic routes until their retirement. Seven of the 717 series were purchased; the first was presented at the MAKS air show in 2001. On 29 April 200 ...
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Magnit
Magnit (Магнит, "Magnet") is one of Russia's largest food retailers. It was founded in 1994 in Krasnodar by Sergey Galitsky. As of March 2016, the company had 12,434 stores in 2,385 locations. They include 9,715 convenience stores, 225 hypermarkets, 2,337 Magnit Cosmetics stores and 157 Magnit family stores. The company employs more than 140,000 people and has been opening several dozen stores each month. Since 2006, the company has developed a chain of "Magnit" hypermarkets in many Russian cities and towns. It overtook its rival X5 Group as Russia's largest retailer in terms of sales in April 2013, although it is still under-represented in Moscow. As of July 2014, it is the world's fourth largest retailer by market capitalization. However, the largest retailer in Russia in 2017 is the X5 Group. Since November 2021 Marathon Group (Russian company), Marathon Group owned by Alexander Vinokurov (businessman), Alexander Vinokurov has become the largest shareholder History ...
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Norilsk Nickel
Norilsk Nickel (), or Nornickel, is a Russian nickel and palladium mining and smelting company. Its largest operations are located in the Norilsk–Talnakh area near the Yenisei River in the north of Siberia. It also has holdings in Nikel, Zapolyarny, and Monchegorsk on the Kola Peninsula, in Harjavalta in western Finland, and in South Africa. Headquartered in Moscow, Norilsk Nickel is the world's largest producer of refined nickel and the 11th largest copper producer. The company is listed on MICEX-RTS. As of March 2021, its key shareholders were Vladimir Potanin's Olderfrey Holdings Ltd (34.59%) and Oleg Deripaska's Rusal (27.82%). In December 2010, Norilsk Nickel made a share buyback offer for Rusal's 25% share in the company for $12 billion, but the offer was declined. In 2012, Potanin's Interros holding, Rusal, and Roman Abramovich signed a shareholder agreement on the size of dividend payouts to end a conflict over the matter, as well as issues around the company ...
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Novolipetsk Steel
Novolipetsk Steel, or NLMK, is one of the four largest steel companies in Russia. NLMK's share of domestic crude steel production is about 21%. It primarily produces flat steel products, semi-finished steel products and electrical steels. NLMK also produces specialty coated steels, plus high-ductility and micro-alloyed steels. It is the 21st-largest steel maker in the world. The larger NLMK group owns a number of other steel and mining industries, mostly in Russia. History Historically, the Lipetsk area in central Russia has had substantial iron ore deposits. In 1702, Peter the Great ordered the construction of an iron foundry there. In 1931, Novolipetsk Iron and Steel began construction of a plant on the site of the iron ore mine. Prospering down through the decades, Novolipetsk became a joint-stock company in 1992 and then in 1993 began the process of privatization by distributing company shares to its employees. The company seems to be acquisitive; see list of related orga ...
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Moscow Exchange
The Moscow Exchange (MOEX; , ) is the largest exchange in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange market, money markets, and precious metals. The Moscow Exchange also operates Russia's central securities depository, the National Settlement Depository (NSD), and the country's largest clearing service provider, the National Clearing Centre. The exchange was formed in 2011 in a merger of the Moscow Interbank Currency Exchange and the Russian Trading System. At the end of 2023, the total trading volume on MOEX platforms reached 1.3 quadrillion rubles (about $14 trillion). History The Moscow Exchange was established on 19 December 2011 by merging the two largest Moscow-based exchanges, the Moscow Interbank Currency Exchange (MICEX) and the Russian Trading System (RTS), hence the name "Moscow Exchange MICEX-RTS". Both organisations had been formed in the 1990s and were leading Russian exchanges for two decades with their MICEX Inde ...
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Mosenergo
Mosenergo (Мосэнерго, also known as TGK-3;) is a Russian power-generating company operating on fossil fuel and thermal generation. In addition to electric power, it also generates and sells heat for consumers in Moscow and the Moscow Oblast. The company was founded in 1887 in Moscow. The power plants of Mosenergo have an installed electricity capacity of 11,100 MW and thermal capacity of 39,900 MW. Mosenergo operates 17 power plants with 104 cogeneration turbines, 7  gas-turbine units, one combined cycle power unit, two expansion generation units, 117 power boilers, and 114  peak-load boilers. Mosenergo is a subsidiary of Gazprom. Its shares are listed on the Moscow Exchange and London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Pa ...
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Sukhoi
The JSC Sukhoi Company (, ) is a Russian aircraft manufacturer headquartered in Begovoy District, Northern Administrative Okrug, Moscow, that designs both civilian and military aircraft. Sukhoi was founded in the Soviet Union by Pavel Sukhoi in 1939 as the Sukhoi Design Bureau (OKB-51, design office prefix Su), and survived the dissolution of the Soviet Union. In February 2006, the Russian government merged Sukhoi with Mikoyan, Ilyushin, Irkut, Tupolev, and Yakovlev as a new company named United Aircraft Corporation.Russian Aircraft Industry Seeks Revival Through Merger
." ''.'' February 22, ...
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United Aircraft Corporation
The PJSC United Aircraft Corporation (UAC) () is a Russian Aerospace manufacturer, aerospace and Arms industry, defense corporation. With a majority stake belonging to the Russian government, it consolidates Russian private and state-owned Russian aircraft manufacturer, aircraft manufacturing companies and assets engaged in the manufacture, design, and sale of military, civilian, transport, and unmanned aircraft. Its corporate office is at Leningradsky Avenue, Khoroshyovsky District, Moscow. Many of the corporation's assets are located in Federal subjects of Russia, various regions in Russia, with joint ventures with foreign partners in China, India, and Italy. History Predecessor After the Soviet Union, Soviet Union's sudden Dissolution of the Soviet Union, collapse in 1991, the Aerospace industry of Russia, aerospace industry of Russia was in turmoil. An excessive amount of imports and highly Protectionism, protective tariffs devastated the manufacturing industry, both the ...
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VimpelCom
VEON Ltd. (formerly VimpelCom Ltd.), also known as VEON Group, is a multinational telecommunication and digital services company. Headquartered in Dubai, the company is publicly traded on the U.S.-based NASDAQ stock exchange. VEON operates in six markets in Europe and Asia, including Bangladesh, Kazakhstan, Kyrgyzstan, Pakistan, Ukraine and Uzbekistan. Specific brands include Banglalink in Bangladesh, Jazz in Pakistan, Kyivstar in Ukraine, and units operating in Kazakhstan, Kyrgyzstan, and Uzbekistan under the Beeline brand. In 2024, the company had 160 million total customers, 1.8 million fixed line customers, and 111 million monthly active users of its digital services, with products and services in areas such as mobile financial services, entertainment, health, and education among others. History 2009–2016 VEON was founded in 2009 as VimpelCom, a multinational holding company. Incorporated in Bermuda and headquartered in the Netherlands, VimpelCom was formed when Tel ...
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