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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 major advantage of an SOE in a business environment is the reduction in the cost and time taken to deploy, configure, maintain, support and manage computers. By standardising the hardware and software platforms used within an organization, an IT department or service provider can deploy new computers and correct problems with existing ...
2014 operation subsidies and program funds that GOCCs received from the national government. GOCCs receive from the government "subsidies" and "program funds". [6] Subsidies cover the day-to-day operations of the GOCCs when revenues are insufficient while program funds are given to profitable GOCCs to pay for a specific program or project.
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 ...
SOE mergers have been routine since 2000. [36] Beginning in 2003 with Hu Jintao's administration, the Chinese government increasingly funded SOE consolidation, supplying massive subsidies and favoring SOEs from a regulatory standpoint. [37] These efforts helped SOEs to crowd out foreign and domestic private sector competitors. [37]
Certifications are usually awarded by professional societies or educational institutes. Obtaining a certificate is voluntary in some fields, but in others, certification from a government-accredited agency may be legally required to perform certain jobs or tasks.
SOE may refer to: Organizations. State-owned enterprise; Special Operations Executive, a British World War II clandestine sabotage and resistance organisation