a registered company that can offer its shares to the public. Its memorandum of association must state that it is a public company, that its authorized capital is at least the authorized minimum (£50,000) and that its name ends with plc (or public limited company).
European Commission initiated a formal investigation into whether funding of Frankfurt Hahn Airport by two regional authorities and publicly owned company Fraport, its airport charges and its contracts with Ryanair break EU state aid rules.
On 12 September, the European Commission opened a formal investigation into support that would have been granted by the Sardinia Region and SOGEAAL SpA, the publicly owned company operating Alghero Airport, to various air carriers, and by the Sardinia Region to SOGEAAL SpA.
"What seems clear to me," suggested Sustainable Sighisoara member Alexandru Gota, "is that many high-ranking people have financial stakes in this project." Major cash contributions have come from SIF Oltania, a publicly owned company set up to manage the former state industries.
According to the Finnish and Norwegian media, Fortum, which plans to concentrate on the Nordic region, has been discussing merging its electricity arm with Norwegian publicly owned company Statkraft...JJ:(HB)
We asked 250 analysts to give their impressions of auditor independence based on the history, prospects and internal audit arrangements of a hypothetical publicly owned company. Each participant considered one of five scenarios detailing ways the company handled its internal audit, including whether it
In the Commons yesterday an MP demanded the government, which owns the largest share of the publicly owned company, explain why almost 4,000 Rolls-Royce employees had been "thrown onto the dole queue".