Sentence examples for profitable state from inspiring English sources

What is often described as the most profitable state enterprise in the country usually has tens of thousands of ghost subscribers and revenues that include 20-30% fraud.

Mr Venizelos may chip away at the edges by closing down some outdated state entities and selling shares in some profitable state companies.

Some profitable state concerns have been privatised, but loss-makers like the Iberia airline and state radio and television continue to devour public money.

In 1995, the government of Boris Yeltsin instituted a "loans for shares" auction of the most precious and profitable state enterprises still in its possession — particularly oil and metals.

Last year, after a bid for such a bank led by Newbridge Capital, an American private-equity firm, was rejected, Oriental Bank of Commerce, a profitable state bank, had to step in.

The result of such cases is a stock market larded with sluggish, barely profitable state companies, some with managers who have little idea what to do with the money they have raised.

And the government has said it plans to list an additional 60 profitable state-owned operations on the country's stock exchanges.

Some spoke of nationalization, increases in subsidies, a halt in the sale of profitable state-owned oil companies, and greater job security for government workers.

It is the only state with a state-owned bank and a profitable state-owned grain elevator and flour mill, both of which the good people of North Dakota, who mostly vote Republican in presidential elections, embrace and value.

Worried that the public is growing impatient with hugely profitable state-backed entities amid rising inflation, the government's state planning agency is striking a more consumer-friendly tone, analysts say.

President Demetris Christofias said he would never sign a bailout agreement that called for the sale of profitable state-owned companies or that required an end to inflation-linked pay increases, according to Reuters.