aziende commerciali con capitale maggioritario pubblico

English translation: commercial enterprises where government has a controlling interest

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:aziende commerciali con capitale maggioritario pubblico
English translation:commercial enterprises where government has a controlling interest
Entered by: simon tanner

18:01 Feb 27, 2008
Italian to English translations [PRO]
Bus/Financial - Business/Commerce (general)
Italian term or phrase: aziende commerciali con capitale maggioritario pubblico
context:

Per il 2008 XXXX ha in programma la privatizzazione di tutte le ***aziende commerciali con capitale maggioritario pubblico*** (circa 50), per le quali non esistano problematiche giuridiche riguardanti il patrimonio o impedimenti legati alla legislazione societaria.

Would these simply be called state-controlled companies, or something else?
TIA
simon tanner
Italy
Local time: 04:44
commercial enterprises where government has a controlling interest
Explanation:
This cuts out possible ambiguity. State in the USA and elsewhere can be misinterpreted and just to control doesn't necessarily mean through a majority of the share capital (could be all of it, or it may not be a joint stock company. You might want to add "in the share capital". "Government" not prefixed by "the" technically in economics and accounting means local or central, but not to the lay man.

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Note added at 27 mins (2008-02-27 18:28:45 GMT)
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Uggh, I've just looked again! What does that "circa 50" mean, 49 or 51? You have to replace controlling with "majority" if it is 49. Technically speaking if it is 49 they've already privatised it.
Selected response from:

James (Jim) Davis
Seychelles
Local time: 06:44
Grading comment
thanks for the answer and info
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3commercial enterprises where government has a controlling interest
James (Jim) Davis


  

Answers


13 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
commercial enterprises where government has a controlling interest


Explanation:
This cuts out possible ambiguity. State in the USA and elsewhere can be misinterpreted and just to control doesn't necessarily mean through a majority of the share capital (could be all of it, or it may not be a joint stock company. You might want to add "in the share capital". "Government" not prefixed by "the" technically in economics and accounting means local or central, but not to the lay man.

--------------------------------------------------
Note added at 27 mins (2008-02-27 18:28:45 GMT)
--------------------------------------------------

Uggh, I've just looked again! What does that "circa 50" mean, 49 or 51? You have to replace controlling with "majority" if it is 49. Technically speaking if it is 49 they've already privatised it.

James (Jim) Davis
Seychelles
Local time: 06:44
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1888
Grading comment
thanks for the answer and info
Notes to answerer
Asker: no, Jim, around 50 is the number of companies falling into this category, not the size of the stake


Peer comments on this answer (and responses from the answerer)
agree  Gina Ferlisi: i agree ;)
7 mins

agree  Umberto Cassano
3 hrs

agree  Peter Cox
6 hrs
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