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matrss | 2 months ago
It is a private company, as in it is a legal entity under private law. This is in contrast to a "öffentlich-rechtliches Unternehmen" (I don't know if this even has a proper translation or equivalent in other jurisdictions). There is more than two options here, it can be both privatized and public according to your definition.
apexalpha|2 months ago
You are under no obligation to make a profit.