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HUN-1995-L-43054
Breadcrumb
Title_of_text
Act No. XXXIX of 9 May 1995 on the sale of entrepreneurial assets owned by the State.
Main Region
First Region
Country(ies)
Hungary
Subjects (Classification)
Economic and social policy
Adopted on (Date of text)
1995-05-09
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
Provides for the organization and operation of the State privatization and property management corporation. The purpose of privatization shall be, inter alia, to preserve and create work places, and to enforce social welfare (par. 2). Employees may acquire state-owned shares of their companies in the framework of buyouts (par. 53) or under preferential conditions (par. 55).
Serial region
Serial title
Daily Report East Europe
Date
1995-06-09
Number
No. 111
Page range
pp. 1-24