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17 December, Sunday

Ufa   °

The number of government-sponsored enterprises-bankrupts goes down in Bashkiria

Economy/Business

On January 1, 2012, 46 government-sponsored enterprises in Bashkiria were found on different stages of bankruptcy, the Minister for land and property relations RB Ramil Iskuzin reported at the last governmental gathering re the rise of efficiency of activity in sphere of financial recovery and bankruptcy.

According to the Minister more than 90% of government-sponsored enterprises-bankrupts are found on the stage of bankruptcy proceedings. 28% of enterprises-bankrupts fall on the share of agriculture, 26% — in industry, 22% — in transport sphere, 15% — in building and 9% — in sphere of housing-communal services and forestry. The major part of these bankruptcy procedures was initiated within the period of 2005-2007. Now these processes are found on the stage of completion.

The Minister for land and property relations RB has underscored that since 2005 the number of government-sponsored enterprises-bankrupts reduced from 546 to 46. A part of these enterprises was transferred to the municipal property.

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