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GOVT TO DISSOLVE COMMISSION FOR PRIVATISATION OF PUBLIC COMPANIES

ZAGREB, April 4 (Hina) - At a closed-door session held ten days ago, the Croatian government decided to dissolve its Commission for the Privatisation of Public Companies, the Government's Public Relations Office confirmed on Wednesday. According to the new concept, materials on the privatisation of public companies will be prepared by competent ministries, primarily the Ministry of Economy. The materials would be considered by senior members of the Prime Minister Ivica Racan's Cabinet and decisions would be made by the Government. The government's decision is aimed at securing a higher degree of effectiveness of privatisation measures. The Commission for the Privatisation of Public Companies, established about a year ago, was in charge of carrying out preparations and making decisions on the privatisation of the biggest and most valuable companies, including the Croatian Telekom (HT), Croatian Oil Indu
ZAGREB, April 4 (Hina) - At a closed-door session held ten days ago, the Croatian government decided to dissolve its Commission for the Privatisation of Public Companies, the Government's Public Relations Office confirmed on Wednesday. According to the new concept, materials on the privatisation of public companies will be prepared by competent ministries, primarily the Ministry of Economy. The materials would be considered by senior members of the Prime Minister Ivica Racan's Cabinet and decisions would be made by the Government. The government's decision is aimed at securing a higher degree of effectiveness of privatisation measures. The Commission for the Privatisation of Public Companies, established about a year ago, was in charge of carrying out preparations and making decisions on the privatisation of the biggest and most valuable companies, including the Croatian Telekom (HT), Croatian Oil Industry (INA), Croatian Power Supply (HEP), 'Croatia osiguranje' insurance company, Adriatic Oil Pipeline (JANAF) and state-owned shipbuilding companies. (hina) sb rml

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