Private limited company times the current minimum wage, R$ 78.800,00 (US$26.267.00) as of 2015. Bulgarian legislation corresponds LLCs (Ltd, GmbH, SARL, etc.) as "Дружество с ограничена отговорност" ("Druzhestvo s ogranichena otgovornost"; company with limited liability). Companies incorporated under this structure append the cyrillic abbreviation "ООД" (Latin script: OOD) to their name. In the case of an LLC incorporated with a sole-shareholder/member (sole-ownership), this is designated and known as "Еднолично дружество с ограничена отговорност" ("Ednolichno druzhestvo s ogranichena otgovornost"; sole-ownership company with limited liability) and abbreviated as "ЕООД" (EOOD). The EOOD specifically, is exempted from annual, general or extraordinary meetings for making decisions and
British and American Steam Navigation Company British and American Steam Navigation Company The British and American Steam Navigation Company was a steamship line that operated a regular transatlantic service from 1839 to 1841. Before its first purpose-built Atlantic liner, the "British Queen" was completed, British and American chartered the "Sirius" for two voyages in 1838 to beat the Great Western Steamship Company into service. B & A's regular liners were larger than their rivals, but were underpowered. The company collapsed when its second vessel, the "President" was lost in 1841. British and American was founded by American lawyer Junius Smith (1780–1853), who is often considered the