Rus News Journal

Privatisation of the textile industry

Is not present proprietors, is gone bankrupt

newspaper Editions documents and the facts containing data on results of privatisation of the textile industry are given. However, the unfavourable. Now a management of joint-stock company of open type Concern ` Rostekstil ` works over new structure of the textile branch corresponding to developed market relations at the present stage. The analysis of the passed stage - since 1988 and to this day - will promote development of adequate structure of the Russian textile industry.

Process of transformation of institute of the property of the enterprises of the textile industry has begun in 1988 and has passed some stages. It is state property rent, including with the repayment right, the organisation of co-operative societies and small enterprises, and also various forms aktsionirovanija. The control system of privatisation process - from state concern to territorial committees on management of the state property and property Funds was in parallel deformed also. Objects of the textile industry, since 1991, were subject to obligatory privatisation.
three quarters of the textile enterprises (excepting rent with the repayment) were privatised on 2 - mu to a variant of privileges for the labour collectives, two enterprises - Berezovsky carpet factory and Leningrad industrial gardinno - lacy association - on 3 - mu to a variant, the others - on 1 - mu. Similar law is characteristic and for other branches.
in the majority of joint-stock companies have passed check auctions on which it is sold from 29 % to 44 % of actions. For the purpose of attraction of investments some the enterprises - joint-stock company kamvolnoe association ` October ` joint-stock company Moscow sherstoprjadilnaja factory etc. Have included in the privatisation plans the investment auctions on which about 15 % of share holdings, and joint-stock company " were exposed; the Three-mountain manufactory has spent it.
now it is possible to ascertain full a victory privatisations over the enterprises of the textile industry. In practice it a victory with tears in the face of . The former heads of the textile enterprises not have squeezed out from itself the slave and from them it has not turned out proprietors. Armchairs with which they occupy, are called presidential and general but them commands have no sufficient share holding (from 0,2 % to 2 - 3 %) and, hence, cannot influence strategy of joint-stock companies. Shareholders - they so-called labour collective - psychologically were not reconstructed. As a result of, according to the experts, insolvent enterprises of the whole 79 %. The lack of own circulating assets makes 3,5 trln rbl. And slump in production proceeds. It is already impossible to hide hidden unemployment. The external and internal markets are almost lost for many enterprises.
some joint-stock companies undertake heroic efforts for an overcoming the crisis: form textile corporation, declare following issues for the purpose of attraction of investors and an exit on a securities market. A management Concern ` Rostekstil ` approves actions of the wards but also considers that the textile branch should be recognised by priority with all that it implies.