transformation of the company vs conversion of the company

Both phrases are correct, but they are used in different contexts. 'Transformation of the company' is commonly used to refer to a significant change or overhaul in the company's structure, processes, or culture. On the other hand, 'conversion of the company' is less common and could be used in a more specific context, such as changing the company's legal status or ownership.

Last updated: March 23, 2024 • 814 views

This phrase is correct and commonly used in English.

"transformation of the company"

This phrase is used to describe a significant change or overhaul in the company's structure, processes, or culture.

Show examples from the web [+]

In respect of mergers, divisions or transfers of assets, such operations normally result either in the transformation of the transferring company into a permanent establishment of the company receiving the assets or in the assets becoming connected with a permanent establishment of the latter company.
It should, however, be mentioned that on 21 June 2005, The Ministry of Justice adopted a new Circular (G-6/05) on the procedure of transfer of real estate in connection with mergers, de mergers and transformation of companies [27].
Since Community industrial policies are constantly leading to the conversion and transformation of companies, how can we incorporate in this sectoral consultation the European trade unions?
It was found that the captive use and captive sales were destined for further transformation by the companies themselves or their related companies dealing mainly with construction material business, i.e. being end-users of OCS.
The aluminium produced in these plants and supplied duty free is mainly used for further transformation within companies linked to these holdings.
In other words, our companies which are involved in the transformation of various products imported from these countries will be more competitive.
On 1 January 2010 Finavia was transformed into a public limited company by Act 877/2009 on the transformation of the Civil Aviation Administration into a public limited company.
The current negotiations may result in a 'package' regulating membership, thereby sanctioning the economic transformation of the Iraqi economy in international law, and foreign companies would have a free hand in the country.
Therefore, as specifically required by Law 84/88 that governed the transformation of public undertakings into public limited companies, such acts had to be carried out also by way of legislation.
In 2002, KH was created through the transformation of the reintegration services of the Dutch Ministry of Employment and Social Affairs into a private limited liability company.
It is stated, moreover, that the provision corresponds to similar provision in relation to the other transformations of state enterprises to public limited companies.
The processing sector is composed of numerous companies which can be involved in the transformation of TCCA granules into tablets and/or in the repacking and the distribution of the product concerned.
RTP was exempted from the payment of registration charges amounting to PTE 33 million on registration of the legal transformation of RTP into a limited company.
With regard to the transformation of large public monopolies into small local monopolies in cities it should be first considered whether and to what extent locally run utilities companies are engaged in an economic activity.
Article 11(1) of Law No 21/92 is derived from the application of Law 84/88 of 20 July 1988 on the transformation of public undertakings into public limited companies.
The transformation of RTP into a public limited company was carried out in 1992 in order to bring it under private law and the way in which it operates closer to that of private operators.
However, the wide scope of Article 11(2) of Law No 21/92 does not preclude that exemptions from notarial requirements (and costs) would be possible for other situations than the 1992 transformation of RTP into a public limited company.
Upon its transformation into a public limited company in 1992, RTP was exempted from the payment of the notarial and registration charges related to the registration of the legal transformation of RTP from a public company into a public limited company.
With a move to new premises, the company also wishes to stimulate its cultural transformation into modern and dynamic airline.
In the case of an SE established by way of transformation, this paragraph shall not apply if there is participation in the company to be transformed.

Alternatives:

company transformation
corporate transformation
business transformation

This phrase is correct but less commonly used in English.

"conversion of the company"

This phrase could be used in a more specific context, such as changing the company's legal status or ownership.

Show examples from the web [+]

And he had me draw up articles of corporate conversion turning the company into a nonprofit foundation.
the conversion of a capital company into a different type of capital company;
TV2's conversion into a limited company took place with retroactive effect from 1 January 2003.
(a)(i) the conversion of a capital company into a different type of capital company;
Instead the company obtained a benefit by sourcing raw materials from domestic suppliers through the conversion of the licences into ARO.
Since Community industrial policies are constantly leading to the conversion and transformation of companies, how can we incorporate in this sectoral consultation the European trade unions?
47). and that the transposition deadline for this directive is 31 December 2008; fears that further amendments to these directives could lead to the harmonised company conversion rules being deprived of substance;
In the wake of TV2's change of legal status and its conversion into a company, a number of measures in favour of TV2 were abolished, such as the interest- and repayment-free loans and the tax exemption.
2. Without prejudice to Article 12 the conversion of a public limited-liability company into an SE shall not result in the winding up of the company or in the creation of a new legal person.
Without prejudice to Article 12 the conversion of a public limited-liability company into an SE shall not result in the winding up of the company or in the creation of a new legal person.
The conversion of an SE into a public limited-liability company shall not result in the winding up of the company or in the creation of a new legal person.
2. The conversion of an SE into a public limited-liability company shall not result in the winding up of the company or in the creation of a new legal person.
(b) the conversion into a capital company of a company, firm, association or legal person which is not a capital company;
the conversion into a capital company of a company, firm, association or legal person which is not a capital company;
The beneficiary is required to produce at the moment of the payment a document that proves the conversion of the 290 employment contracts and a bank guarantee for four years to ensure that the company's employment level will be maintained during this period.
(b) the conversion into a capital company of a company, firm, association or legal person which is not a capital company;(c) an increase in the capital of a capital company by contribution of assets of any kind;
The aid promotes the initial equipment with biogenic lubricants and hydraulic fluids and the corresponding conversion of machinery and plant, so as to give companies an incentive to use these environmentally friendly materials.
Other car companies began to comply, often with conversions of gas cars, but with many of the same advantages of the EV1.
The conversion of earnings into pension contributions has to implemented through public bodies offering supplementary private pensions or, as the case may be, undertakings that are part of the Sparkassen finance group or local authority insurance companies (Kommunalversicherer).
The Danish Parliament's Finance Committee approved the conversion of TV2 into a limited company and the setting of its capital.

Alternatives:

company conversion
corporate conversion
business conversion

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transformation of the company vs conversion of the company