Státní podnik

Státní podnik (s.p.; translation — "state enterprise," of a business nature) is a Czech Republic and erstwhile Czech Socialist Republic designation for a business entity owned by the government (aka, "the state"). As is now and was always the case, the entity name is followed by the name of its legal structure, either spelled out (viz., "Státní podnik,") or abbreviated in lower case (viz., "s.p.").

Brief history

State enterprises (in the native language, the plural use is "státní podniky") were created in 1988 by the Czech Socialist Republic and its organizational units (cs) under an initiative of socialist reconstruction (aka perestroika). In 1990, a new law brought decision-making power back to founders and self-management of labor collectives were abolished, leaving only a partial representation of employees in the supervisory board. The agency diminished in 1997.

gollark: Intel has been consistently behind on their process stuff.
gollark: The way the pricing of stocks works, is far as I know, is that people who pay more attention to the company than "hmm their CPUs seem to be good" have already evaluated how well they think they'll do and bought/sold accordingly, so it's already reflected in the pricing.
gollark: Especially now with the ridiculous proliferation of them.
gollark: Most random 2¢ cryptocurrencies will not actually become worth anything.
gollark: Apparently, you were warned a lot.

See also

References
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