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Article: Privatization agency plans to sell 71 companies in 2004, proceeds to total HUF 242 billion.
- Article from:
- Hungary Business News
- Article date:
- April 16, 2004
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Privatization agency plans to sell 71 companies in 2004, proceeds to total HUF 242 billion
Budapest. April 16. INTERFAX-EUROPE - The number of companies in the portfolio of privatization agency APV Rt will drop from 157 to 86 this year, APV deputy CEO Akos Macher announced Friday.
The privatization authority expects to record revenues of HUF 377.8 billion this year, of which HUF 242.6 billion will come from privatization transactions, according to Napi Online.
The combined shareholders equity held by APV in various firms will decrease to HUF 597.5 billion from the current HUF 752 billion by the end of 2004, Macher said. Among others, APV ...