Betekenis van:
public utility company

public utility company
Zelfstandig naamwoord
  • overheidsbedrijf
  • a company that performs a public service; subject to government regulation

Synoniemen

Hyperoniemen

Hyponiemen


Voorbeeldzinnen

  1. PP held the status of Public Utility Company and exercised its activities on the basis of ‘Act of 30 July 1997 on State Enterprise of public utility PP’.
  2. PP held the status of Public Utility Company and exercised its activities on the basis of ‘Act of 30 July 1997 on State Enterprise of public utility PP’. In its decision of 24 April 2007 concerning State aid case E 12/05: Unlimited State Guarantee to Poczta Polska, the Commission considered that the impossibility for PP to go bankrupt because of its legal status provided the undertaking with an unlimited State guarantee [7].
  3. The first stage of transformation was implemented under Act of 5 September 2008 on commercialisation of the public utility PP [8], thereby PP was transformed from a State enterprise into joint-stock company (Spółka akcyjna) in which the Treasury holds 100 % of the shares.
  4. The first stage of transformation was implemented under Act of 5 September 2008 on commercialisation of the public utility PP [8], thereby PP was transformed from a State enterprise into joint-stock company (Spółka akcyjna) in which the Treasury holds 100 % of the shares. As a consequence, PP lost the legal status which prevented it to go bankrupt.
  5. According to the Greek authorities, the Administrative Court concluded that the characterization of a company as a public utility does not relate to its legal status, or to the legal framework within which it operates, but depends solely on the nature of the services it provides.
  6. The Commission also expressed the view that this advantage stemmed from the use of state resources, because the decision to sign the PPAs was a consequence of state policy implemented via the State-owned public utility wholesaler MVM. Under the case law of the Court of Justice of the European Communities (Court of Justice), when a State-owned company uses its funds in a way that is imputable to the State, these funds should be regarded as State resources within the meaning of Article 87(1) of the EC Treaty [42].