Public non-financial corporation
Non-financial corporations and quasi-corporations which are subject to control by government units and whose principal activity is market-oriented production of goods and services. An enterprise is under public control, if, for example, government units own at least 50 per cent of the share or co-operative capital either directly or indirectly, or they have the right to determine corporate policy and to appoint the directors.
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Validity of the definition
- Valid until (31 December 2078)