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Tue, 10 May, 2016 12:02:12 AM
FTimes – STT Report, May 10
Prime Minister Juha Sipilä. File Photo – Lehtikuva.
Prime MInister Juha Sipilä is considering major changes in state’s ownership policies in some companies, reported the national broadcaster Yle.
According to Yle, the national postal corporation Posti is still on the chopping block, even though the prime minister in an interview with the Finnish news agency STT a couple of weeks ago denied any intention to split Posti.
Reducing the state’s share in the national carrier Finnair from the current 56 per cent to less than 50 per cent is also under considering, according to Yle. Reducing the state’s stake in Finnair has been proposed for many years now, but no progress has been made so far.
Sipilä also foresees, according to Yle, an increased role of Industry Investment (Suomen Teollisuussijoitus), a wholly state-owned venture capital company. The company’s role has increased gradually during the previous governments.
The government is expected to make its policy proposals public on Friday, reported the commercial broadcaster MTV. The proposals will go before parliament on Tuesday next week.
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