In Russia's time-honoured fashion
Article Abstract:
Some $4.53 billion was raised from Russian privatisation sales in 1997, with 71% of the money being allocated to the federal budget. There had been concern about past privatisation deals in which shares were granted for the promise of investments, which often failed to materialize. The Svyazinvest deal marked the end of the share-for-loans transactions. The government introduced plans to make sales open and competitive in 1998. The Svyazinvest company was sold to supply the government with funding to pay the salaries of the armed forces. A bid for $1.8 billion was agreed.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1998
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Polish plans for 1996
Article Abstract:
Poland's 1996 privatisation programme is expected to raise approximately one billion American dollars in revenue, and concentrates on tobacco, chemical, pharmaceutical, food-processing, machinery and equipment manufacturing, building materials and trade sectors. Certain companies, such as PKP Polish Rail, Polish PowerGrid and gas exploration companies, will not be privatised until after the year 2000. 1995 privatisation revenues exceeded targets by approximately 180 million American dollars.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1996
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Progress report on privatisation funds
Article Abstract:
Funds which focus on investing in privatisation stocks generally performed well in 1996. Indeed, it can be convincingly argued that there is justification for treating privatisation stocks as a separate investment category. Particularly strong performance was seen by MAM's Mercury European Privatisation Trust and Guinness Flight's Global Privatisation Trust. In contrast, privatisation stocks as a whole saw rather weak performance in 1996.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1997
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