Russia's bullish prospects
Article Abstract:
The Russian government expects to gain revenues of $890 million from privatisations in 1997. It is shortly to establish terms of sale for five important companies, but no timetable has been set yet for the actual sell-offs. The most significant privatisations will involve telecoms holding concern Svyazinvest, oil companies LUKoil and Slavneft, national power concern United Energy System and insurance firm Rosgosstrakh. The Federal Property Fund is to sell 50% of the shares in Rosgosstrakh at a cash auction, while 25% of Svyazinvest will be sold to foreign investors.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1997
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IPPS in Taiwan face undertain future
Article Abstract:
The IPP sector in Taiwan will be affected by the government's decision to proceed with the building of a fourth nuclear reactor. The country has just 5% surplus generation capacity but only three private firms are expected to complete their plants on schedule between 1998 and 2002, and President Enterprises has cancelled its project. Other issues affecting the power sector include the nuclear debate and the scope for energy conservation.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1996
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Italy plans sales of power firms
Article Abstract:
This article discusses Massimo D'Alema's recent decision to push forward with a decree that allows Enel, the Italian energy company owned by the government, to sell about 25% of its generating capacity to other power providers. According to the new legislation, Enel must establish three subsidiaries, and then sell them.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1999
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