To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

How to transfigure the Wikipedia

Would you like Wikipedia to always look as professional and up-to-date? We have created a browser extension. It will enhance any encyclopedic page you visit with the magic of the WIKI 2 technology.

Try it — you can delete it anytime.

Install in 5 seconds
4,5
Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.
Great Wikipedia has got greater.
.
Leo
Newton
Brights
Milds

Fabrika reznog alata

From Wikipedia, the free encyclopedia

Fabrika reznog alata
Native name
Фабрика резног алата
Company typeJoint-stock company
IndustryTool manufacturing
Founded31 December 1999; 24 years ago (1999-12-31) (Current form)
1 June 1953; 70 years ago (1953-06-01) (Founded)
FateBankruptcy procedure (as of October 2021)
HeadquartersHajduk Veljkova 37,
Čačak
,
Serbia
Area served
Worldwide
Key people
Milan Vidaković (General director)
ProductsDrilling tools, hard metal tools, machines, milling cutters, shaping tools, threading tools
RevenueDecrease €1.81 million (2020[1])
Negative increase (€6.71 million) (2020[1])
Total assetsDecrease €29.37 million (2020[2])
Total equitySteady €0 (2020[2])
OwnerAkcionarski fond a.d. (47.86%)
PIO fond (9.79%)
Others
Number of employees
483 (2020)
Websitewww.fra.co.rs

Fabrika reznog alata (abbr. FRA; full legal name: Akcionarsko društvo Fabrika reznog alata Čačak) is a Serbian tool manufacturing company, which is in bankruptcy procedure since October 2021. Its headquarters is in Čačak, Serbia. With around 480 employees as of 2020, it was one of the largest employers at the time in Čačak and Moravica District.

History

Founded on 1 June 1953, the company originally focused on the production of carvers and taps. Since 1960, the company expanded its production to other threading tools, and tools for working openings and cutters. In the 1970s, the company was reorganized, and new production programs were established for particular types of tools and plants for production services. In May 1993, the company was at its peak of production, with more than 3350 employees.[3]

Due to the breakup of Yugoslavia and the sanctions which were put into the effect during the 1990s, the company has begun to deteriorate. This is also due to the lack of good subcontractors, lack of investments in production facilities and various lawsuits based on unpaid wages.[3]

However, the company has survived and continued to work in the 2000s with much reduced profitability. With more than 500 employees, it has gone through many financial problems and it is still recovering.[4] In April 2007, it was submitted to the OTC market at the Belgrade Stock Exchange.[5]

Since April 2010, the company is undergoing restructuring. Its main objectives are changes in the internal organization of the company and the clearance of arrears, in order to create conditions for the eventual privatization.[6]

In May 2013, the company celebrated its 60th anniversary.[3] In October 2021, the bankruptcy procedure over company was opened, due to insolvency and debt.[7]

Activity

The company exports its products to many countries, including the United States, Russia, Iran and Poland.[4][8]

References

  1. ^ a b "БИЛАНС УСПЕХА (2020) - Fabrika reznog alata". apr.gov.rs (in Serbian). Retrieved 6 January 2022.
  2. ^ a b "БИЛАНС УСПЕХА (2020) - Fabrika reznog alata". apr.gov.rs (in Serbian). Retrieved 6 January 2022.
  3. ^ a b c "FRA - prvih 60 godina". ozonpress.info (in Serbian). Archived from the original on 2 April 2015. Retrieved 30 March 2015.
  4. ^ a b "Čačak: Fabriku reznog alata očuvali radnici". sumadijapress.co.rs (in Serbian). Tanjug. 5 April 2013. Retrieved 30 March 2015.
  5. ^ "ODLUKA o ukljucivanju na vanberzansko trziste - FRA Cacak" (PDF). belex.rs (in Serbian). Retrieved 30 March 2015.
  6. ^ "Odluka o pokretanju restruktuiranja subjekta privatizacije AD FABRIKA REZNOG ALATA ČAČAK". ekapija.com (in Serbian). No. 1 April 2010. Retrieved 30 March 2015.
  7. ^ [snjeg-cacanskog-giganta-stecajni-postupak-nad-fabrikom-reznog-alata "DUG VEĆI OD IMOVINE: Sudbina nekadašnjeg čačanskog giganta - stečajni postupak nad Fabrikom reznog alata"] (in Serbian). 5 October 2021. Retrieved 6 January 2022. {{cite news}}: Check |url= value (help)
  8. ^ ""Fabrika reznog alata" izvozi za Iran". wall.rs (in Serbian). Archived from the original on 2 April 2015. Retrieved 30 March 2015.

External links


Stub icon

This Serbian corporation or company article is a stub. You can help Wikipedia by expanding it.

This page was last edited on 24 June 2022, at 11:24
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.
Contact WIKI 2
Introduction
Terms of Service
Privacy Policy