ITALY'S STATE OWNED ENI STRUGGLES TOWARD PRIVATIZATION

Privatization of Ente Nazionale Idrocarburi SpA will prove nettle-some for Italy's huge state petroleum company during the next 18-24 months. ENI's privatization, placed on track in mid-1992, is proceeding in fits and starts, hamstrung by Italian political infighting and the wildly disparate financial performance of its operating units. The process will be further complicated in 1993 as the holding company grapples with massive debt and restructuring of a byzantine group of 325

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home