"Public company" is a very specific thing; the BVG is state owned, but very much not a public company.
In the US, “public” can be short for a private business with publicly listed shares on a stock exchange anyone can buy, or public can mean an organization owned and operated by the government.
In the US, “public” can be short for a private business with publicly listed shares on a stock exchange anyone can buy, or public can mean an organization owned and operated by the government.