1- Most foreign firms therefore operate through locally incorporated subsidiaries .

2- The other subsidiaries remain separate legal entities.

3- It has subsidiaries in almost 100 countries.

4- Several finance houses are subsidiaries of commercial banks.

5- For US subsidiaries localization effects are particularly important.

6- Its subsidiaries are market leaders in their respective fields.

7- Four subsidiaries conduct operations in other countries.

8- They include both independents and subsidiaries of major companies.

9- This stock was mainly held by the insurance subsidiaries .

10- Food distribution and buying takes place under various subsidiaries and divisions.

11- Trains are run by its different subsidiaries .

12- Manufacturing subsidiaries range from simple assembly plants to complete production units.

13- This deployment is carried out through partners and subsidiaries .

14- Many foreign firms are investing through their western German subsidiaries .

15- It has 19 regional stations, and 10 subsidiaries .

16- More developments took place among the majors' subsidiaries .

17- Local subsidiaries in Austria bought existing banks in neighbouring states.

18- For this purpose a group includes both holding companies and subsidiaries .

19- The relationship does not extend to directors of subsidiaries .

20- Even its subsidiaries had to get moving.

21- All three operated drilling subsidiaries in the North.

22- It is a state-owned enterprise with publicly traded subsidiaries .

23- Also available and searchable by subscription through Thomson subsidiaries .

24- L&T has over 130 subsidiaries and 15 associate companies.

25- In many cases some of these subsidiaries are based overseas.

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subsidiaries in a sentence