nationalized enterprise

It was not surprising that numerous nationalized enterprises experienced severe operating and financial difficulties.

Reintegrated as a clerk for nationalized enterprises, he remarried, in 1985, to historian Georgeta Penelea.

In April 1990, legislation concerning privatization was enacted following an amendment to the constitution in June 1989 that provided the basis for complete (100 percent) divestiture of nationalized enterprises.

Under the proposals outlined by Mr. Balcerowicz, the new Government would waste no time in imposing budget austerity and cracking down on tax evaders among the huge nationalized enterprises.

Significantly, government proceeds from privatization of nationalized enterprises would primarily be used to reduce public debt, and to the extent that profits would rise after privatization, tax revenues would expand.

General units were closely tied to their local based nationalized enterprises, state and local administration offices and other workplaces, and their organizations and their employment did not extend beyond the district level.

But they have not hesitated to slip in pointed digs at the Sandinistas, touching on bitter memories of nationalized enterprises, forced military service, politically motivated jailings and Sandinista dealings with Cuba, Iraq and Libya.

The Supreme Council of National Economy (Vesenkha), chief state planning agency of Soviet Russia in this period, cited a far lower figure of 4,420 nationalized enterprises in November 1920, while a third source indicated a total of 4,547 firms under state ownership.