Lithuania will likely have only five companies with the status of a state enterprise in half a year's time, including the Centre of Registers, the state car registration company Regitra, the State Forestry Enterprise, the Ignalina Nuclear Power Plant and an agricultural regulation company, Economy Minister Virginijus Sinkevičius said on Wednesday.
Centre of Registers
© DELFI / Karolina Pansevič

"Following the reorganization, five companies would retain the status of a state enterprise as of Jul. 2. I think it would be reasonable to consider a further review and possibly abandon this status altogether. That would really be a reform," he told reporters after the Cabinet's meeting.

According to the minister, the reduction of the number of state enterprises is aimed at abandoning certain activities and functions that are not important for the state and transferring some of these to the market.

The government discussed on Wednesday a plan for reorganizing state enterprises drafted by the Economy Ministry, with a final decision expected to be made next week.

The plan calls for converting some state enterprises, such as Oro Navigacija (Air Navigation), Lietuvos Oro Uostai (Lithuanian Airports), the Klaipėda state seaport and Keliu Priežiūra (Road Maintenance), into public companies.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Linkevicius calls spy swap 'example of close cooperation' with Norway

Foreign Minister Linas Linkevicius says Friday's spy swap that saw Russia release two Lithuanians...

Plans to decriminalize minor property and economic crimes

The Lithuanian Ministry of Justice unveiled Thursday its proposal to decriminalize less serious...

Two Lithuanians and Norwegian returned to Lithuania in spy swap with Russia

Two Lithuanians and a Norwegian were returned to Lithuania on Friday as part of a spy swap with...

Aviation bomb found and defused in Vilnius

An aviation bomb was found and later neutralized in the Zverynas area of Vilnius on Thursday night.

President pardons 2 Russian spies opening the way for swap with Moscow

President Gitanas Nauseda has granted pardons to two Russian citizens jailed in Lithuania for...