companie de proiect

English translation: project company

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Romanian term or phrase:companie de proiect
English translation:project company
Entered by: Lavinia Pirlog

17:18 Nov 17, 2012
Romanian to English translations [PRO]
Tech/Engineering - Environment & Ecology / credit
Romanian term or phrase: companie de proiect
Se pot realiza trageri din credit ( si/sau utilizare aport propriu) pentru plati in avans doar in conditiile in care vor fi emise Scrisori de garantie bancara de restituire avans in favoarea companiei de proiect X SRL cu o valoare egala cu valoarea avansului platit; Scrisorile de garantie pentru restituire avans emise in favoarea X SRL vor fi cesionate in favoarea bancii;
(credit pentru statie de sortare si reciclare deseuri municipale)
Lavinia Pirlog
Romania
Local time: 04:14
project company
Explanation:
Sunt societăţi înfiinţate cu scopul exclusiv al proiectului. Există firme care îşi derulează fiecare proiect printr-o companie nou-creată.
http://en.wikipedia.org/wiki/Project_finance
As a special purpose entity, the project company has no assets other than the project. Capital contribution commitments by the owners of the project company are sometimes necessary to ensure that the project is financially sound, or to assure the lenders of the sponsors' commitment. Project finance is often more complicated than alternative financing methods.

Sau în cazul consorţiilor uneori autorităţile contractante solicită crearea unei noi companii, şi aceea se mai numeşte project company.
If there is more than one sponsor, the sponsors typically will form a corporation or enter into a partnership or other arrangement pursuant to which the sponsors will form a "project company" to own the project and establish their respective rights and responsibilities regarding the project.
Selected response from:

Annamaria Amik
Local time: 04:14
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +4project company
Annamaria Amik


  

Answers


6 mins   confidence: Answerer confidence 5/5 peer agreement (net): +4
project company


Explanation:
Sunt societăţi înfiinţate cu scopul exclusiv al proiectului. Există firme care îşi derulează fiecare proiect printr-o companie nou-creată.
http://en.wikipedia.org/wiki/Project_finance
As a special purpose entity, the project company has no assets other than the project. Capital contribution commitments by the owners of the project company are sometimes necessary to ensure that the project is financially sound, or to assure the lenders of the sponsors' commitment. Project finance is often more complicated than alternative financing methods.

Sau în cazul consorţiilor uneori autorităţile contractante solicită crearea unei noi companii, şi aceea se mai numeşte project company.
If there is more than one sponsor, the sponsors typically will form a corporation or enter into a partnership or other arrangement pursuant to which the sponsors will form a "project company" to own the project and establish their respective rights and responsibilities regarding the project.

Annamaria Amik
Local time: 04:14
Works in field
Native speaker of: Native in HungarianHungarian, Native in RomanianRomanian
PRO pts in category: 12
Notes to answerer
Asker: Multumesc.


Peer comments on this answer (and responses from the answerer)
agree  Ioana Breaz
4 hrs

agree  Mirela Mafteiu
17 hrs

agree  RODICA CIOBANU
19 hrs

agree  Tradeuro Language Services
8 days
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