A company is a legal entity that represents an association of legal persons with a specific, shared objective, such as the earning of profit or the benefit of society. Depending on jurisdiction, companies can take on various forms, such as voluntary associations, nonprofit organizations, business entities, financial entities, banks, and educational institutions. Across jurisdictions, companies have generally evolved to have certain common legal features, including separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy. Depending on jurisdiction, the term "company" may or may not be synonymous with corporation, partnership, firm and society. Companies are governed by company law, which is also known as corporate law in some jurisdictions. Incorporated companies are created by and registered with the state, whereas unincorporated companies are not. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies known as corporate groups, collections of parent and subsidiary corporations. (Full article...) This is a Good article, an article that meets a core set of high editorial standards.
Nigeria Airways Ltd., more commonly known as Nigeria Airways, was a one-time Nigerian airline. The company was founded in 1958 after the dissolution of West African Airways Corporation (WAAC). It held the name West African Airways Corporation Nigeria (WAAC Nigeria) until 1971, when it was renamed, until it ceased operations in 2003. The government of Nigeria owned a majority of the airline (51%) until 1961, when it boosted its shareholding in the company to 100% and made it the country's flag carrier. At the time of dissolution, the airline's headquarters were at Airways House in Abuja. Operations were concentrated at Murtala Muhammed International Airport and served both domestic and international destinations mainly concentrated in West Africa; the network also had points in Europe, North America and Saudi Arabia. The airline was managed by a number of foreign companies, including British Airways, KLM and South African Airways. Nigeria Airways had its heyday in the early 1980s, just before the departure of a KLM team that had been hired to make the airline efficient and profitable. At that time, its fleet consisted of about 30 aircraft, but the carrier was two years behind with its accounts to the extent that aircraft were acquired for cash. Owned or leased, the carrier operated a variety of aircraft during its history, including the Vickers VC10, the Airbus A310, the Boeing 737 and 747 and the McDonnell Douglas DC-10, of which it flew the last one ever built. Plagued by mismanagement, corruption, and overstaffing, at the time of closure the airline had debts totalling US$528 million (equivalent to US$860 million in 2024), a poor safety record, and its operative fleet comprised a single aircraft flying domestic routes as well as two leased aircraft operating the international network. Nigeria Airways was succeeded by Virgin Nigeria, and the ground facilities were taken over by Arik Air. (Full article...) This is a Featured picture that the Wikimedia Commons community has chosen as one of the highest quality on the site.
Selected article -Naamloze vennootschap (Dutch pronunciation: [ˈnaːmloːzə ˈvɛnoːtsxɑp]; abbreviated as N.V. or NV [ɛnˈveː] ⓘ or Société anonyme (SA) in the French Community of Belgium) is a type of public company defined by business law in the Netherlands, Belgium, Indonesia (where it is known as perseroan terbatas, abbreviated PT and allows for private companies), and Suriname. The company is owned by shareholders, and the company's shares are not registered to certain owners, so that they may be traded on the public stock market. The phrase literally means "nameless partnership" or "anonymous venture" and comes from the fact that the partners (the shareholders) are not directly known. This is in contrast to the term for a private limited company, which is called besloten vennootschap (an "exclusive" or "closed partnership", one in which stock is not for sale on open markets). (Full article...) This is a Featured article, which represents some of the best content on English Wikipedia.
Holden, formerly known as General Motors-Holden, was an Australian subsidiary company of General Motors. Founded in Adelaide, it was an automobile manufacturer, importer, and exporter that sold cars under its own marque in Australia. It was headquartered in Port Melbourne, with major industrial operations in the states of South Australia and Victoria. The 164-year-old company ceased trading at the end of 2020, having switched to solely importing vehicles in its final three years. Holden's primary products were its own models developed in-house, such as the Holden Commodore, Holden Caprice, and the Holden Ute. However, Holden had also offered badge-engineered models under sharing arrangements with Nissan, Suzuki, Toyota, Isuzu, and then GM subsidiaries Opel, Vauxhall and Chevrolet. The vehicle lineup had included models from GM Korea, GM Thailand, and GM North America. Holden had also distributed GM's German Opel marque in Australia briefly from 2012 to 2013. (Full article...)
Selected company -The Union Pacific Railroad Company (reporting marks UP, UPP, UPY) is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second largest railroad in the United States after BNSF, with which it shares a duopoly on transcontinental freight rail lines in the Western, Midwestern and West South Central United States. Founded in 1862, the original Union Pacific Rail Road was part of the first transcontinental railroad project, later known as the Overland Route. Over the next century, UP absorbed the Missouri Pacific Railroad, the Western Pacific Railroad, the Missouri–Kansas–Texas Railroad and the Chicago, Rock Island and Pacific Railroad. In 1995, the Union Pacific merged with Chicago and North Western Transportation Company, completing its reach into the Upper Midwest. In 1996, the company merged with Southern Pacific Transportation Company, itself a giant system that was absorbed by the Denver and Rio Grande Western Railroad. The Union Pacific Railroad Company is the principal operating company of Union Pacific Corporation, which are both headquartered at the Union Pacific Center, in Omaha, Nebraska. (Full article...) Did you know -
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