Glossary entry

Italian term or phrase:

a diretta partecipazione di

English translation:

a training company owned directly by XXx

Added to glossary by Lucia Valentino
Jul 21, 2016 16:36
7 yrs ago
Italian term

a diretta partecipazione di

Italian to English Law/Patents Human Resources
Salve, come tradurreste "a diretta partecipazione di"?

Ecco la frase:

"XXX è l’agenzia formativa a diretta partecipazione di XXX, accreditata all’ erogazione di servizi formativi presso i siti di XXX"

avevo pensato a "direct partnership" ma non so se vada proprio bene.

In pratica, si tratta dell'agenzia formativa di un'importante azienda, gestisce tutti i suoi corsi all'interno degli stabilimenti.

Grazie

Proposed translations

+1
16 hrs
Selected

a training company owned directly by XXx

From what you say "si tratta dell'agenzia formativa di un'importante azienda". It would seem that this training firm is wholly owned by XX directly. However, if it is only partly owned "una participazione diretta" (less than 100% of the shares) then this translation is no good. If it is less that 50% owned then subsidiary is no good. "participazione" can be any share of ownership from 1% to 100%.



\"XXX è l’agenzia formativa a diretta partecipazione di XXX,
Peer comment(s):

agree Grey Drane (X) : Yep, good points.
3 hrs
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4 KudoZ points awarded for this answer.
2 hrs

the (direct) training subsidiary of

"Partecipazione" means the larger company owns all or part of it.

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Note added at 2 hrs (2016-07-21 19:19:06 GMT)
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And direct means that the larger company is its immediate parent, rather than there being any other companies between them.
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20 hrs

in which XXX holds a direct interest

As Jim says, we would need more information about the share held in the company. My suggestion would work without that information, but it's a slightly awkward solution. It would be much better to know if it's a subsidiary, an associate, or an affiliate.
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