Hungary is still hung over
Article Abstract:
Hungarian privatizations totalled $1.3 billion in the second half of 1995, with foreign investment reaching $1.1 billion. Among the largest deals was the privatization of Hungary's electricity distribution companies for $1.3 billion. However, the privatization programme is not approved by all in the business community and some argue that it is being carried out too quickly and prices are too low. It is expected that privatization deals will become more difficult in 1996, with some unattractive mid-size companies needing to be restructured before they can be sold off. An overview of privatization deals in the Czech Republic and Poland is also included.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1996
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Privatisation regained
Article Abstract:
The privatisation programmes in central Europe are picking up again with a new wave of huge sales, and this has led to renewed interest and confidence on the part of the international business community. The Czech Republic is planning its third wave of privatisations, and reportedly aims to cut the state's stake in 53 leading firms. Poland has also initiated a major scheme by allocating shares in 413 state-run firms to 15 National Investment Funds. Hungary's ambitious programme aims to generate income of $1.5 billion by the end of 1995.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1995
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Learning to juggle in the Czech Republic
Article Abstract:
Privatization remains a main plank of the Prague government's economic policy, despite the Democratic Civil Party's failure to win an outright majority and its reliance on the support of the Social Democratic Party. Experts familiar with Czech politics agree that the country's move towards privatization is inevitable. Foreign direct investment in the Czech Republic amounts to $5.95 billion between 1990-96, with investment in the first three months of 1996 totalling $319 million, of which 26.3% is from the U.S.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1996
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Comment about this article or add new information about this topic:
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