Établissement public à caractère industriel et commercial

An établissement public à caractère industriel et commercial (French pronunciation: [etablismɑ̃ pyblik a kaʁaktɛʁ ɛ̃dystʁijɛl e kɔmɛʁsjal], EPIC; lit. 'public institution of an industrial and commercial nature') is, in France, a category of public undertaking. It includes state-controlled entities of an industrial or commercial nature, including some research institutes and infrastructure operators.

Source: Wikipedia — Établissement public à caractère industriel et commercial (CC BY-SA 4.0)