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Deputy PM says 637 companies privatised between start of 2004 and late November

Autor: ;rmli;
ZAGREB, Dec 18 (Hina) - Between the start of 2004 and late November this year, the Croatian Privatisation Fund (HFP) privatised through public tenders 36 companies, another 90 companies were privatised at auctions on the Zagreb Stock Exchange, and shares in 511 companies were sold on the Varazdin Stock Exchange, which makes a total of 637 companies from the state portfolio that were privatised.
ZAGREB, Dec 18 (Hina) - Between the start of 2004 and late November this year, the Croatian Privatisation Fund (HFP) privatised through public tenders 36 companies, another 90 companies were privatised at auctions on the Zagreb Stock Exchange, and shares in 511 companies were sold on the Varazdin Stock Exchange, which makes a total of 637 companies from the state portfolio that were privatised.

This year alone, the HFP has published 20 invitations to bid and has prepared another 15, Deputy Prime Minister Damir Polancec, who chairs the HFP Management Board, said at this year's last session of the HFP Management Board on Monday.

Polancec said that as of next year the Management Board would include, at PM Ivo Sanader's suggestion, a representative of trade unions.

Polancec said that the Zagreb Institute of Economics would soon present "an optimal model for the management of state property", which includes the integration of the HFP and the Central State Office for the Management of State Property.

Polancec also stated that by January 15 a new privatisation bill would be presented and that it would regulate, among other issues, the employee stock ownership plan (ESOP).

(Hina) rml

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