Crown enterprise

Crown enterprise
This article is part of the series: Government entities of New Ingrea
New Ingrean Civil Service Executive agency Crown corporation Crown enterprise Crown monopoly Crown statutory agency (List) Public board of trustees Tertiary education institutions
This box:

Crown enterprises are a type of crown corporation in New Ingrea's state sector that compete in the private sector.

Function and role

A crown enterprise is a company registered under the terms of the Companies Act, and whose shareholders are Ministers of the Crown. The day-to-day management of the crown enterprise is conducted at arms length of the government, with a chief executive appointed by a board of directors just like any publicly listed company. As with others types of crown corporations, crown enterprises are not part of the New Ingrean Civil Service, nor are they a crown statutory agency.

List of crown enterprises

Currently, there are six crown enterprises in New Ingrea.

• Accord
• Ardentic Electricity
• Arrow Electricity
• Australis Electricity
• Development Finance Corporation
• GIO New Ingrea
• New Ingrean Airways Corporation (Air New Ingrea)
• POSB
• Te Whenua