private enterprise
The term 'empresa privada' in Spanish refers to a privately-owned business structure. This is characterized as a business or organization that is operated and owned by non-government entities. Unlike public entities which are controlled by the government, private enterprises have less government intervention and is primarily run by individuals or companies. It is known for its profit-oriented nature, driven towards maximizing business growth and income. 'Empresa privada' translates to 'private enterprise' in English.
My father works in a private company.
In this sentence, we use 'empresa privada' to talk about a type of company that is owned by private individuals or shareholders, rather than by the government. The subject 'Mi padre' is working in one such company.
The private company invests in renewable energy projects.
In this example, 'empresa privada' is described as investing in renewable energy projects. It emphasizes that private companies have the power to make important contributions to sectors like renewable energy.
Innovation is an important characteristic of our private company.
This sentence talks about an important characteristic, 'innovation', of the 'empresa privada'. It implies that the speaker belongs to a private company that values and fosters innovation.