associated company


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Related to associated company: subsidiary company

associated company

a company is associated with another if both companies are controlled by the same (or substantially the same) individuals. In common parlance the term ‘associated company’ is used to denote a subsidiary or other company that is part of the same group of companies.
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References in periodicals archive ?
The investigation did discover however that having received notice of cancellation on 25 November 2014, Callow enabled an associated company to raise invoices and receive income totalling 326,634 in respect of work Callow had carried out under its main contract in the six week period before trading ended.
Fastighets AB Balder (Balder) (STO:BALDB) announced on Friday that its associated company Collector AB has decided to list its shares on Nasdaq Stockholm.
The special charges resulting from the closure will reduce UPM's associated company results by approximately EUR27m in the first quarter of 2009.
Swedish-Finnish telecomms operator TeliaSonera AB said on Tuesday (12 June) that its associated company Telefos AB is to sell its holding in Eltel Networks to private equity group 3i.
5 million in financing for the associated company Recopharma through debt instrument conversion as well as committing to invest SEK 6.
Norwegian telecomms energy and transmission systems supplier Eltek ASA said on Thursday (14 June) that its associated company Nera (Malaysia) Sdn Bhd has secured new orders for a total of approximately NOK16m from a Malaysian mobile operator.
Negotiations were still on-going concerning the transfer of the entire associated company to an unnamed UK party.
On December 22, 2003, CIHL completed the transactions with Schneider Electric SA of France to form a 50:50 joint venture to develop, manufacture and distribute electrical wiring devices and installation systems ("EWDIS") in Asia and simultaneously sell to Schneider Electric CIHL Group's entire interest in the EWDIS business held by CIHL's associated company, Gerard Industries in Australia.
Overall, Gerard Industries Pty Ltd, Clipsal Industries' associated company in Australia, recorded improved sales, profitability and market share, especially in the second half of last year.
OTC BB: USXX) an international organization that builds and operates emerging companies focused on technology by providing capital, business and management services, announced today that it has appointed Tom Hillman as the company's Chief Operating Officer as well as Chief Executive Officer of its associated company, Xi Software, Inc.

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