Portuguese parties set out plans

Article Abstract:

Privatisations in Portugal are set to raise around $4.7 billion in 1996 and 1997, according to the plans of the Social Democrat (PSD) government. The opposition Socialists (PS) are also committed to privatisation, so the programme will go ahead even if there is a change of government. However, observers believe that the ambitious targets set by finance minister Eduardo Catroga are unlikely to be achieved.

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Portugal plans 'rapid, intensive' sales

Article Abstract:

The new Socialist government in Portugal aims to accelerate the country's privatisation programme and ensure clear and transparent sale processes. However the government wants to keep companies of strategic importance in Portuguese hands. Electricity generation and distribution are considered to be of social importance by the Socialist government and denationalisation plans may be reconsidered.

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Portucel details plans

Article Abstract:

Portucel of Portugal, a paper pulp and packaging group, has announced the privatisation details of its main production units. Portucel-Industrial will be sold in an international offer co-ordinated by Salamon Brothers and two Portuguese banks, in simultaneous domestic and international tranches. It involves Portucel-I which represents 60% of the group sales, and Gescartao, a holding company.

Paperboard Containers, Paperboard Container Manufacturing, Paperboard Containers and Boxes, Planning, Paper products industry, Packaging industry, Portucel

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