engleski

Restructuring the railway companies owned by the Republic of Croatia

The railways are, after the shipyards and the roads, the third biggest beneficiary of state aid, guarantees and subsidies. The liabilities and debts of the railway companies owned by the state contribute to the growth of the public debt and the budgetary deficit. Governments to date have recognised the need to restructure the railways and have been actively included in the process in the last six years. The main objective of this article is to analyse the financial operations of the public companies that are engaged in railway transportation and to evaluate the way restructuring was carried out up to 2016

Railway companies ; Croatia

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