Glattfelder argued that “it will cost far less to people if these tasks are carried out by state-owned non-profit companies in the future and not by profit-oriented businesses”.
In a similar move to nationalize private enterprises, on January 23, the Hungarian government mandated that the First National Utilities Company (ENKSZ) launch its business with share capital of HUF 1 bln and capital reserves of HUF 14 bln. ENKSZ is scheduled to begin operations by February 28.
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