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Government could consider privatization of large enterprises tomorrow : building.lv - par būvniecību Latvijā

Government could consider privatization of large enterprises tomorrow

Tomorrow, March 15, the Ministry of Economy will urge the government to decide privatization of large companies, Minister of Economy Krisjanis Karins (New Era) told LETA.

Tomorrow, March 15, the Ministry of Economy will urge the government to decide privatization of large companies, Minister of Economy Krisjanis Karins (New Era) told LETA.

The ministry has prepared proposals for privatization of state-owned shares in the following companies: the airline "airBaltic", fixed telecommunications operator "Lattelekom", mobile telecommunications operator "Latvijas Mobilais telefons" and Riga heating company "Rigas siltums".

The ruling coalition council will decide on including the question on the Cabinet's agenda for the meeting tomorrow, said Karins.

The state holds a 52.6 percent stake in "airBaltic", 51 percent in "Lattelekom", 49 percent in "Rigas siltums", and five percent in "Latvijas Mobilais telefons".

According to the government's declaration, "Latvia Post", power utility "Latvenergo", joint-stock railroad company "Latvijas dzelzcels", Riga International Airport and "Latvijas valsts mezi" (Latvia's State Forests) will not be privatized.

Earlier the government decided to sell the state-owned 38.6 percent stake in "Ventspils nafta" (Ventspils Oil).



Dace Karklina LETA
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