Glossary entry

Spanish term or phrase:

unión temporal de empresas

English translation:

temporary joint venture

Added to glossary by Jeanne Zang
Mar 20, 2002 02:56
22 yrs ago
64 viewers *
Spanish term

unión temporal de empresas

Spanish to English Bus/Financial
En el supuesto que hubiese sido autorizada una propuesta presentada por una Unión de Empresarios, estos deberán constituirse en Unión Temporal de Empresas.
I found "Asociación Temporal de Empresas" as "Temporary Joint Venture" in Eurodicautom. Is this the same thing?

Proposed translations

2 mins
Selected

Temporary joint venture

IT IS ABSOLUTELY PERFECT..


Go for it!

MIGUEL
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4 KudoZ points awarded for this answer. Comment: "Thanks!"
2 mins

temporary joint venture

absolutely
Reference:

nat Sp, exp bus.

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+1
6 mins

Temporary Business Association


Joint ventures in Spain
Joint Venture. There are three different legal forms of implementing a joint venture:
a. Temporary Business Association (“Unión Temporal de Empresas” or UTE). ...
www.investinspain.org/jointventures.htm
Peer comment(s):

agree IG Global : Joing Venture is by itself a kind of company, with bylaws, etc. of a Joint Venture, text refers to organizations keeping their independence while temporarily acting in strategic collaboration, I would go with Temporary Business Association
11 hrs
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