The Factory
Croatian Documentary Depicts Fight for Survival of Worker-Owned Factory
ITAS Prvomajska, which produces machine tools and employs around 125 workers, is unique among factories in Croatia in that those who work there own roughly half of the shares in the company, a model known as 'workers' self-management' with roots in socialist Yugoslavia, of which Croatia was once a part.
Ottoman-era factory in Istanbul up for sale
The first match factory of the Ottoman Empire, built by French experts in the 19th century in Istanbul's Küçükçekmece district, was put up for sale by shareholding families for 70 million Turkish Liras ($8.3 million).
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