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References

Opportunity study for the creation of subsidiaries

Assignment to the General Management of a public research establishment to study the opportunity of creating private-law subsidiaries to support the development of the activity

Mission

  • The public establishment is subject to an employment ceiling, despite a growing order book.
  • In order to provide itself with the means to support the development of its business, general management would like to study the possibility of creating subsidiaries.
  • The aim is to determine the scope of activities that could be carried out by subsidiaries, their legal nature, and the governance and control arrangements for these subsidiaries.

Approach

  • Analysis of in-house prefiguration work for subsidiaries.
  • Benchmarking of the organization of public establishments that have created private-law subsidiaries to develop their activities.
  • Interview with experts specializing in the legal structuring of public groups.
  • Recommendations on relevant subsidiaries to be developed, their legal form, corporate purpose, governance arrangements.

Results

  • Creation of 2 quasi-governed subsidiaries under private law to develop the activities of:
    • Mineral resources inventory.
    • Digital tools and services.
  • Provision of resources and development of its subsidiaries.

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