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Category Archives: Privatization

Croatia must think small

My new piece for the FT: Croatia is struggling. Set to become the the second former Yugoslav Republic to join the European Union in just five weeks’ time (after Slovenia, which joined in 2004), Croatia has been in recession since 2009, despite being blessed with more than 4,300 km of often stunning coastline and a […]

Slovenia: family silver for sale

My quotes in new Financial Times piece on Slovenia: Cleaning up the bank sector, and quickly, is crucial to kick-starting the economy, says Luka Orešković, head of research at Provectus Capital, a Zagreb-based corporate advisory. “Slovenia is an industrial country with strong exporting companies that were driving growth. These companies have to start borrowing again, […]

Privatization Alternatives From the Baltics, Part 1

An analysis for MT I co-authored with Rimantas Zylius, Lithuanian Minister of Economy ’12 on Lithuanian State Owned Enterprise reform and privatization alternatives analysis. Rimantas managed to turn around Lithuanian SOE’s in just 2 years from loss-generating entities to dividend paying enterprises that in 2012 contributed 150mEUR, equal to 1% of VAT collection per annum, to the […]

HuffPost: Unlucky Number 13 – Is Slovenia Next in Line for a Bailout?

My new op-ed for the Huffington Post on the underlying issues of the Slovenian economy. As with much of Europe, it’s a primarily political (leadership) crisis. Take a look: HuffPost Business – Unlucky Number 13, Slovenia Co-authored with Daniel Wagner, a colleague from Connecticut.

Moscow Calling: Rostelecom Privatization on the Horizon

New article for the Moscow Times: Another Russian monopoly could undergo privatization this year. After announcements of plans to sell parts of, among others, the diamond company Alrosa and the country’s second-largest bank VTB, the latter could play a crucial role in the privatization of a stake in Rostelecom, a land line national operator that might soon expand into mobile, boosting its valuation and, consequently, privatization prospects. […]

Financial Times: Has populist folly finally come to an end in Slovenia?

My new oped for the Financial Times: Last week, political change captured headlines globally. Pope Francis took over leadership of 1.2bn Catholics globally, matched by Xi Jinping, with his official ascendance to the presidency over 1.3bn in the People’s Republic of China. In between Beijing and the Vatican (if rather closer to the latter), and […]

Financial Times: Slovenia faces two nerve-racking weeks

My comment for FT’s Beyondbrics on Slovenia’s political leadership shuffle: Luka Oreskovic, an independent political risk advisor, says Slovenia is “at a tipping point,” and the new government must move quickly, and without any mistakes. “Either Alenka Bratusek takes things straightforward and does it right, from reforms to privatisation to the [necessary fiscal] cuts, or […]

Russian Railways’ Privatization Gone Off Track

My new piece for the Moscow Times: Russian Railways, the state-owned colossus that employs over 1.2 million workers on 85,200 kilometers of track and generates annual revenues of 1195 billion rubles, is the fourth-largest company in terms of revenues in Russia. In the privatization drive of 2012, President Vladimir Putin announced the government’s intention to sell 25 minus one percent of the company, but plans have since gone somewhat off track. […]

World’s Longest Privatization Process: Free Housing in Russia

My new piece on housing privatization process in Russia Read more:http://www.themoscowtimes.com//article/worlds-longest-privatization-process-free-housing-in-russia/475948.html#ixzz2MEC3whX0 The Moscow Times

Financial Times: Slovenia must stop dragging its feet on privatisation

A piece I wrote for the Financial Times (Emerging Markets Section – beyondbrics) on Slovenia’s laggard privatization program and how the upcoming presidential elections will affect it. Take a look: Guest post: Slovenia must stop dragging its feet on privatisation By Luka Oreskovic and Sašo Stanovnik On Sunday, Slovenians vote for a new head of […]