Is Ogilvy Energy's German subsidiary a state-owned enterprise?
Ogilvy & Mather's German subsidiary is not a state-owned enterprise. Ogilvy Energy is a comprehensive energy enterprise founded by private entrepreneurs in China, headquartered in Shenzhen, Guangdong Province, China. It has many subsidiaries and business departments all over the world, including subsidiaries in the United States, Canada, Australia and Europe. Ogilvy & Mather Germany is a subsidiary established by Ogilvy & Mather in Europe, which is mainly engaged in the research, development, production and sales of electric power and thermal equipment. Although Ogilvy Energy is considered as one of the leading energy enterprises in China, it is not a state-owned enterprise, but a private enterprise.