Joint-Stock Company. The joint-stock company was the forerunner of the modern corporation. In a joint-stock venture, stock was sold to high net-worth investors who provided capital and had limited risk. These companies had proven profitable in the past with trading ventures. The risk was small, and the returns were fairly quick. A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company.

Prva Petoletka Namenska (full legal name: 'PPT Namenska' a.d. Trstenik) is a Serbian manufacturer of arms, mortars, grenade launchers, unmanned ground vehicle, hydraulics and pneumatics, airplane parts and some complex weapons system including modernized M-77 Oganj, PASARS and LRSVM Morava in various stages of production ^[3].^[4] There is also a production for civil and industries users.

Its headquarters and main production facilities are located in the town of Trstenik.

• 1History
• 3Products

History[edit]

Foundation[edit]

'Prva Petoletka'-Trstenik was founded on 23 March 1949, by the Government of People's Federal Republic of Yugoslavia, at the beginning of the first five-year plan of development, after which it was named. It was planned to manufacture combat and training aircraft. But Josip Tito ordered in 1949 that about 150 most advanced factories and their production to be moved from Serbia to Bosnia and Herzegovina, Croatia and Slovenia under a pretext of a Soviet invasion that never occurred. Thus Prva Petoletka never produced a complete aircraft but only parts such as hydraulics and landing gears.

The Government of Serbia invested 3.5 million euros in factory's modernization in 2017, for the needs of defense industry.^[5]

A New Perspective on Equity Theory: The Equity Sensitivity Construct RICHARD C. HUSEMAN JOHN D. HATFIELD EDWARD W. MILES University of Georgia Equity theory proposes that individuals who perceive themselves as either underrewarded or overrewarded will experience distress, and that this distress leads to efforts to restore equity. What is equity theory.pdf - Free download as PDF File (.pdf), Text File (.txt) or read online for free. Scribd is the world's largest social reading and publishing site. Equity theory was first developed by John Stacey Adams, a workplace and behavioral psychologist, in 1963. Components of equity theory.

Organization[edit]

From 2008 'PPT Namenska' is separate legal entity and operates under government control as part of Defense industry of Serbia. In 2017, a modernization program was started and new machines for production are obtained.^[6]

Products[edit]

Military[edit]

• Mortars
• Grenade lunchers
• Parts for Soko J-22 Orao, Utva Lasta, Soko G-4 Super Galeb

Civil industries[edit]

• Injection molding machines
• Blow molding machines
• Labeling machines
• Filling machines
• Linear capping machines
• Hydraulic operating cylinders
• Servo actuators
• Valves
• Hydraulic and other pumps

See also[edit]

References[edit]

1. ^ ^ab'БИЛАНС УСПЕХА (2018) - PPT-Namenska AD'. apr.gov.rs (in Serbian). Retrieved 6 October 2019.
2. ^ ^ab'БИЛАНС СТАЊА (2018) - PPT-Namenska AD'. apr.gov.rs (in Serbian). Retrieved 6 October 2019.
3. ^'Namenska u Trsteniku će proizvoditi nove borbene sisteme'.
4. ^'PPT Namenska kupila osam novih mašina'. www.ekapija.com.
5. ^'Vojne fabrike u dugovima, hale i oprema zastareli'. danas.rs (in Serbian). 24 April 2017. Retrieved 23 December 2017.
6. ^'Otvoren renovirani pogon fabrike Prva petoletka-namenska u Trsteniku - Uloženo 2,2 mil EUR'. www.ekapija.com.

noun

Words nearby joint-stock company

Origin of joint-stock company

British Dictionary definitions forjoint-stock company

noun