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67-476: On 20 February 1913, the company was founded under the name SARTID a.d. ( Srpsko akcionarsko rudarsko topioničarsko industrijsko društvo a.d.). In the beginning, mainly foreign investors were shareholders of the company. During the period from 1945 to 1992, the Government of Socialist Federal Republic of Yugoslavia operated the steel plant. Many new factories were opened in that period, while Železara Smederevo

134-463: A directly democratic form of government that was to have a long afterlife in political thought and history. During Medieval times in Europe, the state was organized on the principle of feudalism , and the relationship between lord and vassal became central to social organization. Feudalism led to the development of greater social hierarchies. The formalization of the struggles over taxation between

201-468: A federal union . A federated state is a territorial and constitutional community forming part of a federation . (Compare confederacies or confederations such as Switzerland.) Such states differ from sovereign states in that they have transferred a portion of their sovereign powers to a federal government . One can commonly and sometimes readily (but not necessarily usefully) classify states according to their apparent make-up or focus. The concept of

268-495: A " corporation , partnership , association, joint-stock company , trust , fund , or organized group of persons , whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent , for any of the foregoing". Less common types of companies are: When "Ltd" is placed after the company's name, it signifies a limited company, and "PLC" ( public limited company ) indicates that its shares are widely held. In

335-501: A Serbian Privatization Agency issued a public tender for the purchase of 80.01 percent of the company. On 12 January 2015, an American company Esmark Steel Group was confirmed by the Government of Serbia as a sole valid bidder, and thus began negotiations on takeover of the company. On 17 February 2015, after month of negotiations, a Serbian PM Aleksandar Vučić announced that the Government of Serbia has decided to reject Esmark's offer for

402-441: A certain range of political phenomena . According to Walter Scheidel, mainstream definitions of the state have the following in common: "centralized institutions that impose rules, and back them up by force, over a territorially circumscribed population; a distinction between the rulers and the ruled; and an element of autonomy, stability, and differentiation. These distinguish the state from less stable forms of organization, such as

469-577: A company is a body corporate or corporation company registered under the Companies Acts or under similar legislation. Common forms include: In the United Kingdom, a partnership is not legally a company, but may sometimes be referred to (informally) as a "company". It may be referred to as a "firm" . In the United States , a company is not necessarily a corporation. For example, a company may be

536-426: A given territory." While defining a state, it is important not to confuse it with a nation; an error that occurs frequently in common discussion. A state refers to a political unit with sovereignty over a given territory. While a state is more of a "political-legal abstraction," the definition of a nation is more concerned with political identity and cultural or historical factors. Importantly, nations do not possess

603-402: A government and its state is one of representation and authorized agency. Charles Tilly distinguished between empires, theocracies, city-states and nation-states. According to Michael Mann , the four persistent types of state activities are: Josep Colomer distinguished between empires and states in the following way: According to Michael Hechter and William Brustein , the modern state

670-601: A political philosophy of the state, and to have rationally analyzed political institutions. Prior to this, states were described and justified in terms of religious myths. Several important political innovations of classical antiquity came from the Greek city-states and the Roman Republic . The Greek city-states before the 4th century granted citizenship rights to their free population, and in Athens these rights were combined with

737-536: A privileged and wealthy ruling class that was subordinate to a monarch . The ruling classes began to differentiate themselves through forms of architecture and other cultural practices that were different from those of the subordinate laboring classes. In the past, it was suggested that the centralized state was developed to administer large public works systems (such as irrigation systems) and to regulate complex economies. However, modern archaeological and anthropological evidence does not support this thesis, pointing to

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804-792: A single state, with various administrative divisions . A state may be a unitary state or some type of federal union ; in the latter type, the term "state" is sometimes used to refer to the federated polities that make up the federation , and they may have some of the attributes of a sovereign state , except being under their federation and without the same capacity to act internationally. (Other terms that are used in such federal systems may include " province ", " region " or other terms.) For most of prehistory people lived in stateless societies . The earliest forms of states arose about 5,500 years ago. Over time societies became more stratified and developed institutions leading to centralised governments. These gained state capacity in conjunction with

871-458: A slightly different definition of the state with respect to the nation: the state is "a primordial, essential, and permanent expression of the genius of a specific [nation]." The definition of a state is also dependent on how and why they form. The contractarian view of the state suggests that states form because people can all benefit from cooperation with others and that without a state there would be chaos. The contractarian view focuses more on

938-408: A specific state. In the classical thought, the state was identified with both political society and civil society as a form of political community, while the modern thought distinguished the nation state as a political society from civil society as a form of economic society. Thus in the modern thought the state is contrasted with civil society. Antonio Gramsci believed that civil society

1005-407: A state faces some practical limits via the degree to which other states recognize them as such. Definitions of a state are disputed. According to sociologist Max Weber : a "state" is a polity that maintains a monopoly on the legitimate use of violence , although other definitions are common. Absence of a state does not preclude the existence of a society , such as stateless societies like

1072-444: Is a legal entity representing an association of legal people, whether natural , 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,

1139-402: Is composed of a specialized and privileged body of individuals, who monopolize political decision-making, and are separated by status and organization from the population as a whole. States can also be distinguished from the concept of a " nation ", where "nation" refers to a cultural-political community of people. A nation-state refers to a situation where a single ethnicity is associated with

1206-420: Is considered by some such as Adam Smith as a central function of the state, since these goods would otherwise be underprovided. Tilly has challenged narratives of the state as being the result of a societal contract or provision of services in a free market – he characterizes the state more akin as a protection racket in the vein of organized crime. While economic and political philosophers have contested

1273-414: Is the primary locus of political activity because it is where all forms of "identity formation, ideological struggle, the activities of intellectuals, and the construction of hegemony take place." and that civil society was the nexus connecting the economic and political sphere. Arising out of the collective actions of civil society is what Gramsci calls "political society", which Gramsci differentiates from

1340-465: The Amazon rainforest , which are uninhabited or inhabited solely or mostly by indigenous people (and some of them remain uncontacted ). Also, there are so-called " failed states " which do not hold de facto control over all of their claimed territory or where this control is challenged. Currently the international community comprises around 200 sovereign states , the vast majority of which are represented in

1407-519: The Andes . It is only in relatively modern times that states have almost completely displaced alternative " stateless " forms of political organization of societies all over the planet . Roving bands of hunter-gatherers and even fairly sizable and complex tribal societies based on herding or agriculture have existed without any full-time specialized state organization, and these "stateless" forms of political organization have in fact prevailed for all of

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1474-674: The Haudenosaunee Confederacy that "do not have either purely or even primarily political institutions or roles". The degree and extent of governance of a state is used to determine whether it has failed . The word state and its cognates in some other European languages ( stato in Italian, estado in Spanish and Portuguese, état in French, Staat in German and Dutch) ultimately derive from

1541-653: The Old French term compagnie (first recorded in 1150), meaning "society, friendship, intimacy; body of soldiers", which came from the Late Latin word companio ("one who eats bread with you"), first attested in the Salic law ( c. AD 500) as a calque of the Germanic expression gahlaibo (literally, "with bread"), related to Old High German galeipo ("companion") and to Gothic gahlaiba ("messmate"). By 1303,

1608-542: The United Nations . For most of human history, people have lived in stateless societies , characterized by a lack of concentrated authority, and the absence of large inequalities in economic and political power . The anthropologist Tim Ingold writes: It is not enough to observe, in a now rather dated anthropological idiom, that hunter gatherers live in 'stateless societies', as though their social lives were somehow lacking or unfinished, waiting to be completed by

1675-517: The growth of cities , which was often dependent on climate, and economic development , with centralisation often spurred on by insecurity and territorial competition. Over time, a variety of forms of states developed, which used many different justifications for their existence (such as divine right , the theory of the social contract , etc.). Today, the modern nation state is the predominant form of state to which people are subject. Sovereign states have sovereignty ; any ingroup 's claim to have

1742-651: The prehistory and much of human history and civilization . The primary competing organizational forms to the state were religious organizations (such as the Church), and city republics . Since the late 19th century, virtually the entirety of the world's inhabitable land has been parcelled up into areas with more or less definite borders claimed by various states. Earlier, quite large land areas had been either unclaimed or uninhabited, or inhabited by nomadic peoples who were not organised as states . However, even within present-day states there are vast areas of wilderness, like

1809-472: The " status rei publicae ", the "condition of public matters". In time, the word lost its reference to particular social groups and became associated with the legal order of the entire society and the apparatus of its enforcement. The early 16th-century works of Machiavelli (especially The Prince ) played a central role in popularizing the use of the word "state" in something similar to its modern sense. The contrasting of church and state still dates to

1876-422: The "repressive state apparatus" (such as police and military) in reproducing social relations. Jürgen Habermas spoke of a public sphere that was distinct from both the economic and political sphere. Given the role that many social groups have in the development of public policy and the extensive connections between state bureaucracies and other institutions, it has become increasingly difficult to identify

1943-467: The 16th century. The North American colonies were called "states" as early as the 1630s. The expression "L'État, c'est moi" (" I am the State ") attributed to Louis XIV , although probably apocryphal, is recorded in the late 18th century. There is no academic consensus on the definition of the state. The term "state" refers to a set of different, but interrelated and often overlapping, theories about

2010-476: The Latin word status , meaning "condition, circumstances". Latin status derives from stare , "to stand", or remain or be permanent, thus providing the sacred or magical connotation of the political entity. The English noun state in the generic sense "condition, circumstances" predates the political sense. It was introduced to Middle English c.  1200 both from Old French and directly from Latin. With

2077-413: The alignment and conflict of interests between individuals in a state. On the other hand, the predatory view of the state focuses on the potential mismatch between the interests of the people and interests of the state. Charles Tilly goes so far to say that states "resemble a form of organized crime and should be viewed as extortion rackets." He argued that the state sells protection from itself and raises

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2144-427: The archaeological record as of 6000 BC; in Europe they appeared around 990, but became particularly prominent after 1490. Tilly defines a state's "essential minimal activities" as: Importantly, Tilly makes the case that war is an essential part of state-making; that wars create states and vice versa. Modern academic definitions of the state frequently include the criterion that a state has to be recognized as such by

2211-549: The boundaries of the state. Privatization , nationalization , and the creation of new regulatory bodies also change the boundaries of the state in relation to society. Often the nature of quasi-autonomous organizations is unclear, generating debate among political scientists on whether they are part of the state or civil society. Some political scientists thus prefer to speak of policy networks and decentralized governance in modern societies rather than of state bureaucracies and direct state control over policy. The earliest forms of

2278-567: The company's acquisition, the owners changed its name from SARTID a.d. to U.S. Steel Serbia d.o.o. ( USS Serbia d.o.o.). Over the years, while being owned by U.S. Steel Corporation, the company formed an important part of the Serbian GDP, and also was the biggest Serbian exporter during the period from 2003 to 2012. On 31 January 2012, U.S. Steel sold the company to the Government of Serbia for $ 1, leaving it with 5,400 employees and amounted liabilities due to dropped global steel prices. With

2345-450: The departure of U.S. Steel, the company plunged into even greater problems. By the end of June 2012, it shut down both of its two large furnaces, while the remaining 5,000 workers were sent on paid leave. Since 22 April 2013, it started operating again with reduced operation. Since then, the Government of Serbia was looking for the strategic partner. However, several public tenders were canceled due to lack of valid bids. On 5 December 2014,

2412-472: The emergence of a social class of people who did not have to spend most of their time providing for their own subsistence, and writing (or an equivalent of writing, like Inca quipus ) because it made possible the centralization of vital information. Bureaucratization made expansion over large territories possible. The first known states were created in Egypt , Mesopotamia , India , China , Mesoamerica , and

2479-450: The evolutionary development of a state apparatus. Rather, the principal of their socialty, as Pierre Clastres has put it, is fundamentally against the state. During the Neolithic period, human societies underwent major cultural and economic changes, including the development of agriculture , the formation of sedentary societies and fixed settlements, increasing population densities, and

2546-412: The exercise of chiefly power." The most commonly used definition is by Max Weber who describes the state as a compulsory political organization with a centralized government that maintains a monopoly of the legitimate use of force within a certain territory. Weber writes that the state "is a human community that (successfully) claims the monopoly of the legitimate use of physical force within

2613-562: The existence of several non-stratified and politically decentralized complex societies. Mesopotamia is generally considered to be the location of the earliest civilization or complex society , meaning that it contained cities , full-time division of labor , social concentration of wealth into capital , unequal distribution of wealth , ruling classes, community ties based on residency rather than kinship , long distance trade , monumental architecture , standardized forms of art and culture, writing, and mathematics and science . It

2680-612: The fore: note the res publica of ancient Rome and the Rzeczpospolita of Poland-Lithuania which finds echoes in the modern-day republic . The concept of temple states centred on religious shrines occurs in some discussions of the ancient world. Relatively small city-states , once a relatively common and often successful form of polity, have become rarer and comparatively less prominent in modern times. Modern-day independent city-states include Vatican City , Monaco , and Singapore . Other city-states survive as federated states, like

2747-437: The government is the particular group of people, the administrative bureaucracy that controls the state apparatus at a given time. That is, governments are the means through which state power is employed. States are served by a continuous succession of different governments. States are immaterial and nonphysical social objects, whereas governments are groups of people with certain coercive powers. Each successive government

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2814-424: The headquarters of the company has been moved from Smederevo to the capital of Belgrade. Hesteel Serbia finished the 2018 calendar year as the biggest Serbian gross exporter with 749.5 million euros worth of exports. It has produced around 2 million tonnes of steel products for 2018 calendar year. This is a list of names of the company throughout the history: Company A company , abbreviated as co. ,

2881-622: The international community. Liberal thought provides another possible teleology of the state. According to John Locke, the goal of the state or commonwealth is "the preservation of property" (Second Treatise on Government), with 'property' in Locke's work referring not only to personal possessions but also to one's life and liberty. On this account, the state provides the basis for social cohesion and productivity, creating incentives for wealth-creation by providing guarantees of protection for one's life, liberty and personal property. Provision of public goods

2948-411: The lack of war which European states relied on. A state should not be confused with a government; a government is an organization that has been granted the authority to act on the behalf of a state. Nor should a state be confused with a society; a society refers to all organized groups, movements, and individuals who are independent of the state and seek to remain out of its influence. Neuberger offers

3015-597: The legal context, the owners of a company are normally referred to as the "members". In a company limited or unlimited by shares (formed or incorporated with a share capital), this will be the shareholders . In a company limited by guarantee , this will be the guarantors. Some offshore jurisdictions have created special forms of offshore company in a bid to attract business for their jurisdictions. Examples include segregated portfolio companies and restricted purpose companies. However, there are many sub-categories of company types that can be formed in various jurisdictions in

3082-467: The monarch and other elements of society (especially the nobility and the cities) gave rise to what is now called the Standestaat , or the state of Estates, characterized by parliaments in which key social groups negotiated with the king about legal and economic matters. These estates of the realm sometimes evolved in the direction of fully-fledged parliaments, but sometimes lost out in their struggles with

3149-543: The monopolistic tendency of states, Robert Nozick argues that the use of force naturally tends towards monopoly. Another commonly accepted definition of the state is the one given at the Montevideo Convention on Rights and Duties of States in 1933. It provides that "[t]he state as a person of international law should possess the following qualifications: (a) a permanent population; (b) a defined territory; (c) government; and (d) capacity to enter into relations with

3216-686: The nation-state, theoretically or ideally co-terminous with a "nation", became very popular by the 20th century in Europe, but occurred rarely elsewhere or at other times. In contrast, some states have sought to make a virtue of their multi-ethnic or multinational character ( Habsburg Austria-Hungary , for example, or the Soviet Union ), and have emphasised unifying characteristics such as autocracy , monarchical legitimacy , or ideology . Other states, often fascist or authoritarian ones, promoted state-sanctioned notions of racial superiority . Other states may bring ideas of commonality and inclusiveness to

3283-500: The next three years. It was stated that HPK Engineering will be responsible for creating the conditions for Železara Smederevo becoming profitable within the next 6 months while maintaining the current size of the labor force. In April 2016 Hesteel Group acquired the business, bidding €46 million. Initially stated plans were to invest $ 300 million over 2 years into the plant including installation of galvanisation equipment, and raise production to 2.2 million tons from 0.875 million. Also,

3350-439: The notion of the state as a polity. He stated that politics was not a "one-way process of political management" but, rather, that the activities of civil organizations conditioned the activities of political parties and state institutions, and were conditioned by them in turn. Louis Althusser argued that civil organizations such as church , schools , and the family are part of an "ideological state apparatus" which complements

3417-470: The organizational characteristics like geographic boundaries or authority figures and officials that states do. Additionally, a nation does not have a claim to a monopoly on the legitimate use of force over their populace, while a state does, as Weber indicated. An example of the instability that arises when a state does not have a monopoly on the use of force can be seen in African states which remain weak due to

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3484-433: The other states." And that "[t]he federal state shall constitute a sole person in the eyes of international law." Confounding the definition problem is that "state" and "government" are often used as synonyms in common conversation and even some academic discourse. According to this definition schema, the states are nonphysical persons of international law , governments are organizations of people. The relationship between

3551-404: The present day German city-states , or as otherwise autonomous entities with limited sovereignty, like Hong Kong , Gibraltar and Ceuta . To some extent, urban secession , the creation of a new city-state (sovereign or federated), continues to be discussed in the early 21st century in cities such as London . A state can be distinguished from a government . The state is the organization while

3618-477: The purchase of the company. The decision was made mostly because the Government hasn't received assurances from Esmark that the factory won't be shut down after few years of service. On 21 March 2015, a Management Service contract was signed between Železara Smederevo and the Dutch company HPK Engineering. Signing this contract, Government of Serbia elected HPK Engineering as a company to manage Smederevo steel plant for

3685-497: The question about why people should trust a state when they cannot trust one another. Tilly defines states as "coercion-wielding organisations that are distinct from households and kinship groups and exercise clear priority in some respects over all other organizations within substantial territories." Tilly includes city-states, theocracies and empires in his definition along with nation-states, but excludes tribes, lineages, firms and churches. According to Tilly, states can be seen in

3752-423: The reputation of the exchange or particular market of an exchange. Private companies do not have publicly traded shares, and often contain restrictions on transfers of shares. In some jurisdictions, private companies have maximum numbers of shareholders. A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors;

3819-441: The resulting entities are often known as corporate groups . A company can be defined as an "artificial person", invisible, intangible, created by or under law, with a discrete legal capacity (or "personality"), perpetual succession , and a common seal . Except for some senior positions, companies remain unaffected by the death, insanity, or insolvency of an individual member. The English word, " company ", has its origins in

3886-468: The revival of the Roman law in 14th-century Europe, the term came to refer to the legal standing of persons (such as the various " estates of the realm " – noble, common, and clerical), and in particular the special status of the king. The highest estates, generally those with the most wealth and social rank, were those that held power. The word also had associations with Roman ideas (dating back to Cicero ) about

3953-473: The second company being deemed a subsidiary of the parent company. The definition of a parent company differs by jurisdiction, with the definition normally being defined by way of laws dealing with companies in that jurisdiction. State (polity) A state is a political entity that regulates society and the population within a territory . Government is considered to form the fundamental apparatus of contemporary states. A country often has

4020-486: The state emerged whenever it became possible to centralize power in a durable way. Agriculture and a settled population have been attributed as necessary conditions to form states. Certain types of agriculture are more conducive to state formation, such as grain (wheat, barley, millet), because they are suited to concentrated production, taxation, and storage. Agriculture and writing are almost everywhere associated with this process: agriculture because it allowed for

4087-461: The use of pottery and more complex tools. Sedentary agriculture led to the development of property rights , domestication of plants and animals, and larger family sizes. It also provided the basis for an external centralized state. By producing a large surplus of food, more division of labor was realized, which enabled people to specialize in tasks other than food production. Early states were characterized by highly stratified societies, with

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4154-533: The word company referred to trade guilds . The usage of the term company to mean "business association" was first recorded in 1553, and the abbreviation "co." dates from 1769. According to the Company Law of the People's Republic of China , companies include the limited liability company and joint-stock limited company which founded in the mainland China. In English law and in legal jurisdictions based upon it,

4221-406: The world. Companies are also sometimes distinguished for legal and regulatory purposes between public companies and private companies . Public companies are companies whose shares can be publicly traded, often (although not always) on a stock exchange which imposes listing requirements / Listing Rules as to the issued shares, the trading of shares and future issue of shares to help bolster

4288-501: Was created by the state which granted the privilege of incorporation. Companies take various forms, such as: A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation published policy. 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;

4355-481: Was differentiated from "leagues of independent cities, empires, federations held together by loose central control, and theocratic federations" by four characteristics: States may be classified by political philosophers as sovereign if they are not dependent on, or subject to any other power or state. Other states are subject to external sovereignty or hegemony where ultimate sovereignty lies in another state. Many states are federated states which participate in

4422-652: Was seen as a pillar of the Yugoslav metallurgy. During the 1990s, the company's value declined significantly, mainly due to the sanctions which were put in effect during Yugoslav War . The loss of market and suppliers caused the later bankruptcy of the company. In April 2003, two weeks after the assassination of the Prime Minister of Serbia Zoran Đinđić , the bankrupted company was sold to American steel company U.S. Steel (USS) for $ 23 million. U.S. Steel also pledged to invest $ 150 million in plant modernization. Following

4489-577: Was the world's first literate civilization, and formed the first sets of written laws . Bronze metallurgy spread within Afro-Eurasia from c.  3000 BC , leading to a military revolution in the use of bronze weaponry, which facilitated the rise of states. Although state-forms existed before the rise of the Ancient Greek empire, the Greeks were the first people known to have explicitly formulated

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