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German to English translations [PRO]
Bus/Financial - Insurance | | German term or phrase: Rest-ARGE | | Ich weiss ARGE heisst Arbeitsgemeinschaft aber ein mal im Dokument drin steht Rest-ARGE. Any ideas? |
| davidgreenKudoZ activityQuestions: 629 (none open) ( 2 closed without grading) Answers: 240
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| | remainder/rest of the working group/consortium | Explanation:
It would be helpful to know what kind of "Arbeitsgemeinschaft" is being referred to. In any case it is clear that the remainder or the rest of the partners participating in the group are being designated as such.
If this is business (e.g. financing) you probably mean a consortium and not a working group.
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Note added at 2004-02-09 07:36:59 (GMT) Post-grading
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In my experience a joint venture is usually established between a transnational firm and a local company for the purpose of doing business in the local company\'s country (e.g. VW in China). A consortium, on the other hand, is a national or transnational business unit which a number of companies hold shares, founded for the purpose of combining finances, expertise or sharing risk in the cases of carrying out large projects e.g. Eurotunnel (tunnel under the English Channel/La Manche). |
| Selected response from:
  Robert Schlarb
Local time: 10:35
| Grading comment Thanks, is there a difference here (large company involved in building windfarms) between joint venture company and consortium??
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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18 mins confidence:   down-sized team/working group
Explanation:
in the sense that there are fewer left now
just a guess though
| | | Grading comment | ARGE is joint venture but what's Rest? |
| | Login to enter a peer comment (or grade) | The asker has declined this answer
Comment: ARGE is joint venture but what's Rest? |
1 hr confidence:
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| Changes made by editors |
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| Mar 18, 2009 - Changes made by Steffen Walter: | | Edited KOG entry | davidgreen's old entry - "ARGE" => "joint venture company/consortium" |
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