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A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
Volksbank 43.3% SOE (retail banking group, with additional operations in Hungary, Romania and Malta) ORF: funded from television licence fee revenue, dominant player in the Austrian broadcast media; Österreichische Industrieholding (ÖIAG): Austrian industry-holding stock corporation for partially or entirely nationalized companies, as of 2005:
The pace of SOE mergers has increased under Xi. [36] The goals of China's current SOE mergers include an effort to create larger and more competitive national champions with a bigger global market share by reducing price competition among SOEs abroad and increasing vertical integration. [36]
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During this period, rural enterprises, often with names "commune and brigade enterprises" and of neglectable size, served as a supplement to those state-owned enterprises (SOE), which mainly focused on heavy industrial sectors, and were established by the people's communes and bridges to support agricultural production and to produce rural ...
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Supports education, housing, health services and business development projects (not profit-seeking) 279 R0.162bn (R0.107bn) Fully state owned 1990 (reconfigured 1999) Industrial Development Corporation of South Africa: Industrial Development Shareholder in numerous companies and subsidiaries R12.240bn (R3.bn) Fully state owned 1940
The BUMN Untuk Indonesia ("SOEs for Indonesia") campaign was launched by the Ministry of State Owned Enterprises in April 2020; [1] this logo was introduced together with a rebranding of the Ministry and the introduction of the AKHLAK core values across all state-owned enterprises effective on 1 July 2020.