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  3. Business/Commerce (general)

satta i rekonstruktion

06:25 Oct 22, 2012
Swedish to English translations [PRO]
Bus/Financial - Business/Commerce (general) / press release about acquisition
Swedish term or phrase: satta i rekonstruktion
Bolaget och dess dotterbolag är satta i rekonstruktion. "Satta i" is the part I'm unsure about. Any ideas?
Annabel Oldfield
Local time: 11:47


Summary of answers provided
4undergoing reorganisation
Richard Green
4undergoing (business/corporate) debt restructuring
Kristian Andersson
3in the process of reconstruction
JaneD
3put in reconstruction
Thomas Johansson
3declared in bankruptcy for reconstruction purposes
Sven Petersson
3 -1being reconstructed
Lisa Del Pap (X)


Discussion entries: 2





  

Answers


18 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
in the process of reconstruction


Explanation:
My guess!

JaneD
Sweden
Local time: 11:47
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 10
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26 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
put in reconstruction


Explanation:
Det låter som engelska fast med svenska ord.
"Vara satt i rekonstruktion" bör väl i stort sett betyda att något (i) har försatts i en situation där det (ii) befinner sig under rekonstruktion (och att det därför för närvarande _är_ under rekonstruktion). På engelska kan man uttrycka både dessa aspekter med en enda elegant formulering: "be put in reconstruction". Om man sedan översätter det ordagrant till svenska får man det du har där.

Thomas Johansson
Peru
Local time: 04:47
Specializes in field
Native speaker of: Swedish
PRO pts in category: 45
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49 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
declared in bankruptcy for reconstruction purposes


Explanation:
:o)

Sven Petersson
Sweden
Local time: 11:47
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
PRO pts in category: 350

Peer comments on this answer (and responses from the answerer)
agree  Charlesp: I agree, but I would say it slightly differently: in bankruptcy court for reconstruction purposes
7 hrs
  -> :o)
disagree  Kristian Andersson: No links to support this term?
1 day 16 mins
  -> You may study http://www.carf.e.u-tokyo.ac.jp/pdf/workingpaper/fseries/126...
neutral  Yngve Roennike: run-on phrase
31 days
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57 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
undergoing reorganisation


Explanation:
'Rekonstruktion' can mean both reconstruction and reorganisation according to my FARS economic dictionary.

For your interest, in a government context, it can also refer to a reshuffle, such as a cabinet reshuffle.

Richard Green
United Kingdom
Local time: 10:47
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 6

Peer comments on this answer (and responses from the answerer)
agree  Charlesp
7 hrs
disagree  Sven Petersson: "Undergoing" is a result of "satta; it's not a valid translation of "satta".
9 hrs
neutral  Yngve Roennike: Well, we've got: placed in chapter 11 reorganization, a common procedure in the US.
31 days
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6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
being reconstructed


Explanation:
This is not my field of expertise, but from what I can gather you can keep it simple and say that the companies "are being reconstructed" (similar to JaneD's answer). If you google "the company is being reconstructed" you get more than 2,000 hits, and can check out the context there.

Lisa Del Pap (X)
Sweden
Local time: 11:47
Specializes in field
Native speaker of: English

Peer comments on this answer (and responses from the answerer)
disagree  Charlesp: sorry, but the term is not expressed in this manner.
2 hrs
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37 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
undergoing (business/corporate) debt restructuring


Explanation:
"If high debt burden is the cause of financial distress, the company can undergo a debt restructuring."
http://en.wikipedia.org/wiki/Financial_distress

The need for corporate debt restructuring arises when a borrowing company is undergoing financial hardship.

"The need for corporate debt restructuring arises when a borrowing company is undergoing financial hardship.

"Global Investment House , the Kuwaiti investment firm undergoing its second debt restructuring in three years, will seek shareholders approval for a debt-for-equity swap which if approved will see creditors own 70 percent of the company."
http://www.msnbc.msn.com/id/48634231/ns/business-world_busin...

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Note added at 6 hrs (2012-10-22 13:01:33 GMT)
--------------------------------------------------

Företagsrekonstruktion
http://sv.wikipedia.org/wiki/Företagsrekonstruktion

Debt restructuring
http://en.wikipedia.org/wiki/Debt_restructuring

Kristian Andersson
Local time: 11:47
Works in field
Native speaker of: Native in EnglishEnglish, Native in SwedishSwedish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Charlesp
8 hrs
  -> Thank you Charles!
disagree  Sven Petersson: "Undergoing" is a result of "satta; it's not a valid translation of "satta". - Addendum: "Declared in bankruptcy" is not a better translation, but "declared in bankruptcy for reconstruction purposes" is (differentiating it from "for liquidation purposes")
9 hrs
  -> Companies seek temporarily protection from their creditors. The creditors often reject this process rather than pushing for it! I’m not sure why ‘declared in bankruptcy’ would be better as this is a later stage in the process!
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