Wikipedia

List of privatizations by country

(redirected from List of privatizations)

This list of privatizations provides links to notable and/or major privatizations.

Privatisation by country

Argentina

  • Aerolíneas Argentinas - the former national carrier; renationalized in 2009
  • Agua y Energía Eléctrica - national electricity-production company; partitioned and sold
  • Buenos Aires Metro - given under concession but still owned by the State
  • Empresa Nacional de Correos y Telégrafos (ENCoTel) - given under concession as Correo Argentino. Re-nationalized in 2003
  • ENTel (national telecommunications company) - partitioned and sold to France Télécom and to Spanish Telefónica
  • Fábrica Militar de Aviones (FMA) - sold to Lockheed Martin
  • Ferrocarriles Argentinos - railway-lines all over the country (some in the process of re-nationalization under the Kirchner administration)
  • Gas del Estado - national gas company partitioned and sold, among others, to the Spanish Gas Natural company Naturgy
  • Obras Sanitarias (water company), given as a concession to the French conglomerate Suez, which operates it under the name Aguas Argentinas; re-nationalized in 2006 as Aguas y Saneamientos Argentinos (AySA)
  • Yacimientos Petrolíferos Fiscales (YPF) - national oil-company sold to the Spanish Repsol. The Argentinian government in 2004 set up a new state oil company (Enarsa) from scratch, which proved of no use. In 2012, the Argentine Government expropriated 51% of the shares of YPF owned by Repsol.

Australia

Bahrain

  • Bahrain Telecommunications Co. (Q1 2005, $800 million)

Bolivia

Brazil

Canada

Chile

  • CAP S.A.
  • Chilectra
  • Colbún S.A.
  • CTC
  • Enaex
  • Empremar
  • Endesa
  • Entel
  • Esval
  • IANSA
  • Lan Airlines
  • Pension Funds (AFP)
  • Soquimich

Czechoslovakia

Egypt

  • The Shebin spinning and weaving factory in Menoufia in the Nile Delta was on strike against/locked out by its new non-Egyptian owners in the wake of the 2011 revolution. Workers and maybe the military now in control of the state were favoring re-nationalization, according to one report. "[L] iberal economic policy is tarred with [the old regime's] corruption," said Michael Wahid Hanna, in Cairo for the U.S.-based Century Foundation.[1] Indorama, the new Indonesian/Thai[2] owner of Shebin,[3] was not quoted in the report. Looking further back to 2000, "well considered public spinners" Shebin El Kom and STIA, were then considered to have a "redundant labor problem ... [but] would otherwise be attractive privatization buying or leasing opportunities for private investors."[4] In 2011, STIA, also known as El Nasr Wool & Selected Textiles, of Alexandria, remained "one of the largest public sector textiles companies."[5] See also Privatization#Notable examples.

Finland

  • Finnair
  • Sonera (former Telecom Finland)

France

1980s

  • Compagnie Générale d'Electricité became Alcatel (1987)
  • Havas (1987)
  • Matra (1988)
  • Paribas - privatized in 1987 and merged with BNP to form BNP Paribas
  • Saint-Gobain - created in 1665 by minister of Finance Jean-Baptiste Colbert; privatized in 1986
  • Société Générale privatized in 1987
  • Suez - privatized and merged with the stated-owned Gaz de France (GDF) in 2008 to form GDF Suez
  • TF1 - first TV channel of France, privatized in 1987

1990s

2000s

Germany

Ghana

Guinea

Greece

  • DESFA - On 20 December 2018, a consortium formed by Snam (60%), Enagás (20%) and Fluxys (20%) completed the acquisition of a 66% stake in DESFA for an amount of €535 million.
  • Hellenic Petroleum - Starting from the 1990s, the Greek Government gradually sold its shares in the company, and currently owns only 35.5% of the shares.
  • Olympic Airways - at first, then Olympic Airlines; the Hellenic State attempted to privatise the ailing airlines five times, more or less, from 2004 onwards. The company was folded and re-created in 2009, and privatized in 2012, under the supervision of the EU and IMF, as it was part of the debt-restructuring process of 2012.
  • OPAP (Lottery and Betting Monopoly) - privatization completed in 2013, when the last remaining government-owned stock was sold [9]
  • OTE (Οργανισμός Τηλεπικοινωνιών Ελλάδος / Hellenic Telecommunications Company) - became partly privatised in the 1990s, when its only shareholder at the time, the Hellenic State, reduced its share of the company to 36%. Since May 2018, Deutsche Telekom owns 45% of the shares, and the Hellenic State has retained 5%.
  • Piraeus Port Authority - In April 2016, HRADF sold 51% of Piraeus Port Authority to the COSCO Group.
  • Thessaloniki Port Authority - In March 2018, an international consortium acquired 67% of the shares, with the Hellenic State retaining 7.27%.
  • TrainOSE - It was acquired in September 2017 by the Italian railway company, Ferrovie dello Stato Italiane.

Hong Kong

Honduras

Iceland

India

Indonesia

Iran

Iraq

  • (planned) most industries except oil, at the behest of the United States-sponsored government

Ireland

  • ACCBank - sold to Rabobank
  • Aer Lingus - floated on the stock market
  • British and Irish Steampacket Company Limited - sold to Irish Continental Group
  • Cablelink - sold to NTL Ireland; formerly held 50/50 by Telecom Éireann and Raidió Teilifís Éireann, both state-owned at the time
  • ICC Bank - sold to Bank of Scotland
  • Irish Life - sold to Irish Permanent
  • Irish National Petroleum Corporation - all assets sold to ConocoPhillips, still exists in law
  • Irish Steel - transferred ownership to Ispat, firm bankrupt, no longer exists
  • Irish Sugar - floated on stock market as Greencore; state retains one share for veto purposes
  • Nítrigin Éireann - sold to its other shareholder in Irish Fertiliser Industries, Richardsons, final firm called IFI, no longer exists
  • Telecom Éireann - floated on the stock market
  • TSB Bank - sold to info unknown

Israel

Italy

  • INA Assitalia
  • Enel S.p.A. (1999 32% €16.6 billion, 2003 6.6% €2.2 billion, 2004 20% €7.5 billion) [11]
  • Eni
  • IRI (among which are Autostrade s.p.a., Credito Italiano)
  • Telecom Italia
  • Terna (Enel sold 43.5% for €1.48 billion in June 2004) [12]

Japan

Jordan

South Korea

Kuwait

  • Kuwait Finance House (November 2004, 25% of the company for $1 billion)

Malaysia

Mexico

1,150 public companies, including banks, railroads, the telephone company, mines, roads, TV stations, ports, airports, airlines, sugar mills, and retirement funds.

Morocco

Netherlands

  • PTT, the mail and telecom company

New Zealand

Norway

Pakistan

Philippines

Poland

  • Telekomunikacja Polska S.A.

Portugal

  • ANA - Aeroportos de Portugal (Portuguese airports)
  • CIMPOR
  • CTT - Portuguese post
  • EDP - Energia de Portugal
  • Fidelidade - the insurance part of the CGD public bank
  • GALP - national petroleum company
  • Portugal Telecom - national telecommunications company
  • REN - Rede Eléctrica Nacional
  • TAP - airline

Qatar

  • Qatargas (Q1 2005, 50% for $600 million)

Romania

  • Rompetrol - petroleum company (1993 & 1998)
  • Ursus Breweries - beer brewer and distributor (1996)
  • Romcim (now Lafarge Romania) - industrial materials company (1997)
  • Casial Hunedoara (now HeidelbergCement Romania) - industrial materials company (1997)
  • Romtelecom (now Telekom Romania) - telecommunications company (1998 & 2003)
  • BRD – Groupe Société Générale - bank (1999)
  • Automobile Dacia - car manufacturer (1999)
  • Astra Rail Industries - rail vehicle manufacturer (1999 & 2000)
  • Petromidia Refinery - oil refinery (2000)
  • Sidex (now ArcelorMittal Galați) - steelworks (2001)
  • Alro - aluminium company (2002)
  • Petrom - petroleum company (2004)
  • Banca Comercială Română - bank (2003 & 2006)
  • Electrica - electricity distributor (2006, 2008 & 2014)
  • Automobile Craiova (now Ford Romania) - car manufacturer (2007)

Russia

A wide-scale privatization program was launched in 1992-1994, using a voucher privatization scheme; from 1995, a monetary scheme was used.

Saudi Arabia

  • Al-Bilad Bank (2008, 50%)
  • Bank Al-Inma (2008, 70%)
  • Government Hotels (2005, 100% of King Abdullah International Convention Centre in Jeddah and Ritz Carlton in Riyadh)
  • Maaden (2008, 50%)
  • National Commercial Bank (2014, 25%)
  • Riyad Bank (2008, 58%)
  • SABIC (1984, 30%)
  • Saudi Arabian Airlines (2006, split into 10 business units, 5 of which were privatized)
  • Saudi Electric Company (2000, 26%)
  • Saudi Ports (1997, 27 management contracts were given out to various ports around the Kingdom)
  • Saudi Real Estate Company (2003, 50%)
  • Saudi Telecom Company (2002, 30%)

Singapore

Slovakia

South Africa

  • Iscor - Now known as ArcelorMittal South Africa, the company was privatised in 1989.
  • Telkom - Gradually privatised starting with the IPO in 2003. The government currently holds 39%, and is planning on selling its entire stake.

Spain

Sweden

1980s

1990s

  • AssiDomän
  • Celsius
  • Cementa
  • Enator
  • Företagskapital
  • Industrikredit AB
  • Lantbrukskredit AB
  • Nordbanken (partial)
  • OK Petroleum
  • Pharmacia
  • Pharmacia & Upjohn
  • SAKAB
  • SAQ Kontrol
  • SBL Vaccin
  • SEMKO
  • SSAB (wholly privatised in 1994)
  • Stadshypotek AB
  • Svalöf Weibull AB
  • Svensk Fastighetsvärdering
  • Svenska Statens Språkresor AB
  • Swedish Real Estate Valuation Corp
  • VPC AB

2000s

2010s

Planned privatisations

  • Apoteket (partial, 2009)[16]
  • SBAB
  • SAS (50% owned by Swedish, Danish, Norwegian governments)[17]
  • Telia Sonera[18] (37.3% owned by the Swedish government)

[19]

Tanzania

Turkey

(Listing Scope >US $ 10 M.)[20]

1980s

  • Ankara Çimento
  • Ansan-Meda
  • Balikesi̇r Çimento
  • Pinarhi̇sar Çimento
  • Söke Çimento

1990s

  • Adiyaman Çimento
  • Anadolubank
  • Aşkale Çimento
  • Bartin Çimento
  • Bozüyük Seramik
  • Çİnkur
  • Çorum Çimento
  • Denİzbank
  • Denİzlİ Çimento
  • Elaziğ Çimento
  • Erganİ Çimento
  • Etİbank
  • Fİlyos
  • Gazİantep Çimento
  • Güneş Sigorta Spor Kulübü
  • Havaş
  • Ipragaz
  • İskenderun Çimento
  • Kars Çimento
  • Konya Krom Man.A.Ş.
  • Kümaş
  • Kurtalan Çimento
  • Ladİk Çimento
  • Lalapaşa Çimento
  • Metaş
  • Petlas
  • Ray Sigorta
  • Şanliurfa Çimento
  • Sİvas Çimento
  • Sümerbank
  • Trabzon Çimento
  • Türk Kablo
  • Tofaş S.K.
  • Van Çimento Sanayii
  • Yarimca Porselen T.A.Ş.

2000s

  • Adapazarı Sugar Fac.
  • Asİl Çelİk
  • Ataköy Hotel
  • Ataköy Marina
  • Ataköy Tourism
  • Başak Insurance
  • Başak Retirement Fund
  • Bet Kütahya Şeker
  • Bursagaz
  • Çayelİ Bakir İşl.A.Ş.
  • Cyprus Turkish Airlines
  • Denİz Naklİyati T.A.Ş.
  • Esgaz
  • Eti Aluminium
  • Etİ Bakir
  • Etİ Elektrometalurji
  • Etİ Gümüş A.Ş.
  • Etİ Krom A.Ş.
  • Güven Sİgorta
  • Dİv-Han
  • Taksan
  • Türk Telekom

Ukraine

United Arab Emirates

  • Damas Jewelry (November 2004, 55% of the company for $224 million)

United Kingdom

1970s

1980s

1990s

2000s

2010s

  • BBC Audiobooks (2010 - 85%)
  • BBC Magazines (2011)
  • Behavioural Insights Team (2014 - 67%)
  • Bio Products Laboratory (2013 - 80%)
  • Constructionline (2015)
  • Defence Support Group (2015)
  • Dr Foster Intelligence (2015)
  • East Coast Trains (2015)
  • Eurostar International Limited (2015 - 40%)
  • Fire Service College (2013)
  • Food and Environment Research Agency (2015 - 75%)
  • Government Pipelines and Storage System (2015)
  • High Speed 1 (2010)
  • Lloyds Banking Group (2013, 2014, 2015)
  • Manchester Airports Group (2013 - 35%)
  • NEC Group (2015)
  • Northern Rock (2012)
  • Remploy (2012, 2013, 2015, factory businesses sold individually)
  • Royal Bank of Scotland Group (2015)
  • Royal Mail (2013, 2015)
  • The Tote (2011)
Privatisations by share offer, 1981-91 From Nigel Lawson, The View from No. 11 (Bantam, 1992).
Date Company % of equity initially sold Proceeds £m
Feb 1981 British Aerospace 51.6 150
Oct 1981 Cable & Wireless 50 224
Feb 1982 Amersham International 100 71
Nov 1982 Britoil 51 549
Feb 1983 Associated British Ports 51.5 22
June 1984 Enterprise Oil 100 392
July 1984 Jaguar 99 294
Nov 1984 British Telecom 50.2 3,916
Dec 1986 British Gas 97 5,434
Feb 1987 British Airways 100 900
May 1987 Rolls-Royce 100 1,363
July 1987 British Airports Authority 100 1,281
Dec 1988 British Steel 100 2,500
Dec 1989 Regional Water Companies 100 5,110
Dec 1990 Electricity Distribution Companies 100 5,092
Mar 1991 National Power and PowerGen 60 2,230
May 1991 Scottish Power and Scottish Hydro Electric 100 2,880

United States

See also

References

  1. ^ Amos, Deborah, "In Egypt, Revolution Moves Into The Factories", NPR, April 20, 2011. Retrieved 2011-04-20.
  2. ^ "The Indorama Group" Archived 2012-06-15 at the Wayback Machine, company website. Retrieved 2011-04-20.
  3. ^ "Indorama Shebin Textiles Co. S.A.E" Archived 2011-09-04 at the Wayback Machine, company website. Retrieved 2011-04-20.
  4. ^ "The impact of privatization and policy reforem on the cotton spinning industry in Egypt" Archived 2016-03-04 at the Wayback Machine, Prime Contractor: Abt Associates Inc.; sponsored by Government of Egypt, Ministry of Agriculture and Land Reclamation and United States Agency for International Development; November, 2000. Retrieved 2011-04-20.
  5. ^ STIA Home, company website. Retrieved 2011-04-20.
  6. ^ http://www.airfranceklm-finance.com/en/Shares/Capital-structure-and-equity-threshold-declarations
  7. ^ "Deutsche Post DHL Group | Aktionärsstruktur". www.dpdhl.com (in German). Retrieved 2017-01-29.
  8. ^ AG, Deutsche Telekom. "Aktionärsstruktur" (in German). Retrieved 2017-01-29.
  9. ^ "Greece completes privatization of gambling monopoly OPAP". Reuters. 2013-08-12.
  10. ^ "Winners and losers of HZL privatisation - Times of India".
  11. ^ http://pepei.pennnet.com/News/Display_News_Story.cfm?Section=WireNews&Category=HOME&NewsID=109120 Archived 2005-04-30 at the Wayback Machine]
  12. ^ "Archived copy". Archived from the original on 2005-04-30. Retrieved 2004-12-20.
  13. ^ "Regeringen har sålt hela OMX-innehavet". Dagens Industri. 2008-02-15. Retrieved 2008-05-02.
  14. ^ "Pernod wins auction for Vin & Sprit". The Local. 2008-03-31. Archived from the original on 2008-04-04. Retrieved 2008-03-31.
  15. ^ "Sweden sells remaining stake in Nordea for $3.4 billion". reuters. 2013-09-25. Retrieved 2017-11-07.
  16. ^ Regeringen överens om att sälja apotek Archived 2009-02-14 at the Wayback Machine
  17. ^ Scandinavian Airlines
  18. ^ Privata Affärer - Staten fick 18 miljarder för aktierna i Teliasonera Archived 2007-09-27 at the Wayback Machine
  19. ^ Munkhammar, J. "Försäljning av statliga bolag under tre decennier", Timbro, 2007, "Archived copy" (PDF). Archived from the original (PDF) on 2007-10-20. Retrieved 2008-01-25.
  20. ^ Privatization in Turkey, Republic Of Turkey Prime Ministry Privatization Administration, 2010, http://www.oib.gov.tr/program/uygulamalar/privatization_in_turkey.htm

Further reading

  • Parker, David (2009). The Official History of Privatisation Vol. I: The Formative Years, 1970-1987. Routledge. ISBN 978-0-415-46916-6.
  • Parker, David (2012). The Official History of Privatisation, Vol. II: Popular Capitalism, 1987-97. Routledge. ISBN 978-0-415-69221-2.

External links

This article is copied from an article on Wikipedia® - the free encyclopedia created and edited by its online user community. The text was not checked or edited by anyone on our staff. Although the vast majority of Wikipedia® encyclopedia articles provide accurate and timely information, please do not assume the accuracy of any particular article. This article is distributed under the terms of GNU Free Documentation License.

Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.