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CONFERENCE ON PRIVATISATION IN COUNTRIES IN TRANSITION STARTS

DUBROVNIK, Oct 26 (Hina) - The international conference on +privatisation in countries in transition, started in Dubrovnik, on +Monday morning, and its central topic was "Croatian Model".+ "The privatisation is one of the main pre-conditions of transition, +however, reconstruction and management also have an important +role", said Zlatko Matesa, the Croatian Prime Minister at the +conference opening.+ The Croatian privatisation strategy is composed of four stages, +Matesa added, stressing that by the privatisation of the housing +fund, in which more than 300,000 people bought socialy owned flats, +the first stage is finished.+ The public firms have been privatised in the second stage, and the +stocks have been selling with a discount, public bidding and over +coupon privatisation. The third and the fourth stage, namely the +privatisation of public companies,
DUBROVNIK, Oct 26 (Hina) - The international conference on privatisation in countries in transition, started in Dubrovnik, on Monday morning, and its central topic was "Croatian Model". "The privatisation is one of the main pre-conditions of transition, however, reconstruction and management also have an important role", said Zlatko Matesa, the Croatian Prime Minister at the conference opening. The Croatian privatisation strategy is composed of four stages, Matesa added, stressing that by the privatisation of the housing fund, in which more than 300,000 people bought socialy owned flats, the first stage is finished. The public firms have been privatised in the second stage, and the stocks have been selling with a discount, public bidding and over coupon privatisation. The third and the fourth stage, namely the privatisation of public companies, banks and financial sector, are still to be done, Matesa concluded. (hina) it/jn

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