List of government-owned companies

This is a world-wide list of government-owned companies. This list can be considered as non-exhaustive because of lack of space and time. For example, as of October 2019, China alone has more than 350 individual entries in the Government-owned companies of China Category Page.

The paragraph that follows was paraphrased from a 1996 GAO report which investigated only the 20th-century American experience. The GAO report did not consider the potential use in the international forum of SOEs as extensions of a nation's foreign policy utensils. A government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of government to stock companies with a state as a regular stockholder. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably. The defining characteristics are that they have a distinct legal form and that they are established to operate in commercial affairs. While they may also have public policy objectives, GOCs should be differentiated from other forms of government agencies or state entities established to pursue purely non-financial objectives.^[1]

Government-owned companies[]

Afghanistan[]

In 2009, the Government of the Islamic Republic of Afghanistan formed the Afghan Public Protection Force (APPF) as a "state owned enterprise" subordinate to the Ministry of the Interior. By presidential decree, the APPF is mandated to replace all non-diplomatic private security companies by 20 March 2013 to become the sole provider of pay-for-service security contracts within Afghanistan.^[2]

Albania[]

• Air Albania (51%; 49% Turkish Airlines)
• KESH
• Posta Shqiptare
• Radio Televizioni Shqiptar

Algeria[]

• Air Algérie
• Anesrif
• Sonatrach
• Sonelgaz
• Public Establishment of Television (ENTV)
• Radio Algeria (ENRS)
• Algérie Télécom
• Mobilis
• Algérie Poste
• Naftal
• Tassili Airlines

Argentina[]

Australia[]

• Defence Housing Australia

Austria[]

• ÖBB (national railway system of Austria, administrator of Liechtenstein's railways)
• ASFINAG (Autobahn and highway financing, building, maintaining and administration)
• Hypo Alpe-Adria-Bank International: Austria nationalised this bank in 2009, and in 2014 its then-Chancellor feared its insolvency might have a similar effect to the Creditanstalt event of 1931.^[3]
• Verbund 51% SOE (electricity generator and provider)
• Volksbank 43.3% SOE (retail banking group, with additional operations in Hungary, Romania and Malta)
• ORF: funded from television licence fee revenue, dominant player in the Austrian broadcast media
• Österreichische Industrieholding (ÖIAG): Austrian industry-holding stock corporation for partially or entirely nationalized companies, as of 2005:
  • 31.50% of the oil producer OMV: an integrated international oil and gas company
  • 28.42% of Telekom Austria: fixed line, mobile, data, and Internet communications services
  • 52.85% of Österreichische Post: postal services
  • 100% of ÖIAG-Bergbauholding
  • 100% of Finanzmarkt Beteiligungs AG (FIMBAG)

Azerbaijan[]

• Azerbaijani Airlines
• Azerenerji
• Azərpoçt
• Azerbaijan Railways
• Azerbaijan Caspian Shipping Company
• Baku Metro
• SOCAR
• AzTV
• Medeniyyet TV
• Idman Azerbaijan TV

Bangladesh[]

• Bangladesh Submarine Cable Company Limited
• Gas Transmission Company Limited
• Karnaphuli Paper Mills
• Petrobangla
• Biman Bangladesh Airlines
• Bangladesh Bank
• Bangladesh Jute Mills Corporation
• Bangladesh Parjatan Corporation
• Bangladesh Ordnance Factory
• Bangladesh Steel and Engineering Corporation
• Bangladesh Shipping Corporation
• Bangladesh Television
• Bangladesh Betar
• BCIC
• Ashuganj Power Station Company Limited
• West Zone Power Distribution Company Limited

Belgium[]

• Belfius (100%)
• Belgischer Rundfunk
• Bpost
• Brussels Airport (25%)
• Elia System Operator (5.37%)
•  [nl] (25%)
•  [nl]- [fr] (SFPI-FPIM)
• Fluxys (2.1%)
• Infrabel
• National Railway Company of Belgium
• Proximus (53.3%)
• RTBF
• Vlaamse Radio- en Televisieomroeporganisatie

Region of Wallonia owns:

• Brussels South Charleroi Airport
• Liège Airport

Belize[]

• National Bank of Belize

Bolivia[]

• Agencia Boliviana Espacial
• Corporación Minera de Bolivia and subsidiaries
• Corporación de las Fuerzas Armadas para el Desarrollo Nacional and most subsidiaries
• Empresa Boliviana de Alimentos y Derivados
• Empresa Boliviana de Industrialización de Hidrocarburos
• Empresa de Apoyo a la Producción de Alimentos
• Empresa Estatal de Televisión Bolivia TV
• Empresa Estratégica Boliviana de Construcción y Conservación de Infraestructura Civil
• Empresa Estratégica de Producción de Abonos y Fertilizantes
• Empresa Estratégica de Producción de Semillas
• Empresa Nacional de Electricidad (central)
• Empresa Pública Nacional Estratégica Boliviana de Aviación
• Empresa Pública Nacional Estratégica Depositos Aduaneros Bolivianos
• Empresa Pública Productiva Cartones de Bolivia
• Empresa Pública Productiva Cementos de Bolivia
• Empresa Pública Productiva Envases de Vidrio de Bolivia
• Empresa Pública Productiva Papeles de Bolivia
• Transportes Aéreos Bolivianos
• Yacimientos Petroliferos Fiscales Bolivianos

Brazil[]

State-owned enterprises are divided into public enterprises (empresa pública) and mixed-economy companies (sociedade de economia mista). The public enterprises are subdivided into two categories: individual – with its own assets and capital owned by the Union – and plural companies – whose assets are owned by multiple government agencies and the Union, which have the majority of the voting interest. Caixa Econômica Federal, Correios, Embrapa, BNDES and USP are examples of public enterprises. Mixed-economy companies are enterprises with the majority of stocks owned by the government, but that also have stocks owned by the private sector and usually have their shares traded on stock exchanges. Banco do Brasil, Petrobras, Sabesp, and Eletrobras are examples of mixed-economy companies.

Beginning in the 1990s, the central government of Brazil launched a privatization program inspired by the Washington Consensus. State-owned enterprises such as Vale do Rio Doce, Telebrás, CSN, and Usiminas (most of them mixed-economy companies) were transferred to the private sector as part of this policy.

Brazil State Owned Companies Fact Sheet / Download from the planejamento.gov.br website.^[4]

Brunei[]

• Brunei Investment Agency
• Radio Television Brunei

Bulgaria[]

• Bulgarian Energy Holding
• Bulgarian Posts
• Bulgarian State Railways
• National Railway Infrastructure Company
• Sofia Airport
• Plovdiv Airport
• Port of Varna EАD
• Port Burgas EАD
• Bulgarian Maritime Training Centre
• Bulgarian National Television

Canada[]

In Canada, state-owned corporations are referred to as Crown corporations, indicating that an organization is established by law, owned by the sovereign (either in right of Canada or a province), and overseen by parliament and cabinet. Examples of federal Crown corporations include:

• the Canadian Broadcasting Corporation
• Canada Post
• Bank of Canada
• Telefilm Canada
• Via Rail

Ministers of the Crown often control the shares in such public corporations, while parliament both sets out the laws that create and bind Crown corporations and sets their annual budgets.

Foreign SOEs are welcome to invest in Canada: in fall 2013, British Columbia^[5][6] and Alberta^[7][8][9] signed agreements overseas to promote foreign direct investment in Canada. The Investment Canada Act governs this area federally. Former Prime Minister Stephen Harper stated in 2013 that the "government [needs] to exercise its judgement" over SOEs.^[10]

Crown corporations of British Columbia include:

• BC Hydro
• BC Transit
• BC Housing Management Commission
• British Columbia Lottery Corporation
• Liquor Distribution Branch

Saskatchewan has maintained the largest number of Crown corporations, including:

• Saskatchewan Government Insurance
• SaskEnergy
• SaskPower
• SaskTel
• SaskWater

In Ontario:

• GroupeMédia TFO
• Independent Electricity System Operator
• Ontario Educational Communications Authority
• Ontario Lottery and Gaming Corporation
• Ontario Power Generation
• Liquor Control Board of Ontario

In Quebec:

• Caisse de dépôt et placement du Québec
• Hydro-Québec
• Investissement Québec
• Loto-Québec
• Société des alcools du Québec
• Télé-Québec

Privatization, or the selling of Crown corporations to private interests, has become common throughout Canada over the past 30 years. Petro-Canada, Canadian National Railway, and Air Canada are examples of former federal Crown corporations that have been privatized. Privatized provincial Crown corporations include Alberta Government Telephones (which merged with privately owned BC Tel to form Telus), BCRIC, Manitoba Telecom Services, Saskatchewan Oil & Gas Corporation and Potash Corporation of Saskatchewan.

Chile[]

• Astilleros y Maestranzas de la Armada
• BancoEstado
• Casa de Moneda de Chile|Casa de Moneda de Chile S.A.
• Cimm (Centro de Investigación Minera y Metalúrgica)
• Cimm Tecnologías y Servicios S.A.
• Comercializadora de Trigo S.A.
• Corporación Nacional del Cobre de Chile
• Empresa Concesionaria de Servicios Sanitarios S.A.
• Empresa de Correos de Chile
• Empresa de los Ferrocarriles del Estado
• Empresa de Servicios Sanitarios Lago Peñuelas S.A.
• Empresa de Transporte de Pasajeros Metro S.A.
• Empresa Nacional de Aeronáutica de Chile
• Empresa Nacional de Minería
• Empresa Nacional del Petróleo
• Empresa Portuaria Antofagasta
• Empresa Portuaria Arica
• Empresa Portuaria Austral
• Empresa Portuaria Chacabuco
• Empresa Portuaria Coquimbo
• Empresa Portuaria Iquique
• Empresa Portuaria Puerto Montt
• Empresa Portuaria San Antonio
• Empresa Portuaria Talcahuano San Vicente
• Empresa Portuaria Valparaíso
• Fábricas y Maestranzas del Ejército de Chile
• Polla Chilena de Beneficencia S.A.
• Puerto Madero Impresores S.A.
• Sociedad Agrícola Sacor Ltda.
• Sociedad Agrícola y Servicios Isla de Pascua Ltda.
• Televisión Nacional de Chile
• Zona Franca de Iquique S.A.

China[]

After 1949, all business entities in the People's Republic of China were created and owned by the government. In the late 1980s, the government began to reform the state-owned enterprise, and during the 1990s and 2000s, many mid-sized and small sized state-owned enterprises were privatized and went public. There are a number of different corporate forms which result in a mixture of public and private capital. In PRC terminology, a state-owned enterprise refers to a particular corporate form, which is increasingly being replaced by the listed company.^{[citation needed]} Some of the largest state-owned enterprises have been floated on the Shanghai Stock Exchange and the Shenzhen Stock Exchange, but in actuality, the state maintains total control of these corporations, always holding majority interest and voting rights.^{[citation needed]} State-owned enterprises are mostly governed by both local governments' SASAC and, in the central government, the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. However, some state-owned enterprise were governed by China Investment Corporation (and its domestic arm Central Huijin Investment), as well as under the governance of Ministry of Education for the university-run enterprises, or some financial institutes that were under the governance of the Ministry of Finance.^{[citation needed]}

As of 2011, 35% of business activity and 43% of profits in the People's Republic of China resulted from companies in which the state owned a majority interest. Critics, such as The New York Times, have alleged that China's state-owned companies are a vehicle for corruption by the families of ruling party leaders who have sometimes amassed fortunes while managing them.^[11]

Hong Kong[]

In the postwar years, Hong Kong's colonial government operated under a laissez-faire economic philosophy called positive non-interventionism. Hence Crown corporations did not play as significant a role in the development of the territory as in many other British territories.^{[citation needed]}

The MTR Corporation (MTR) was formed as a Crown corporation, mandated to operate under "prudent commercial principles", in 1975. The Kowloon-Canton Railway, operated under a government department, was corporatised in 1982 to imitate the success of MTR (see Kowloon-Canton Railway Corporation). MTR was privatised in 2000 although the Hong Kong Government is still the majority shareholder. KCR was operationally merged with MTR in 2007.^{[citation needed]}

Examples of present-day statutory bodies include the Airport Authority, responsible for running the Hong Kong International Airport, or the Housing Authority, which provides housing to about half of Hong Kong residents.^{[citation needed]}

Colombia[]

• Ecopetrol
• Empresas Públicas de Medellín
• ETB
• Las Ceibas - Empresas Públicas de Neiva E.S.P
• INDUMIL
• COTECMAR
• RTVC Sistema de Medios Públicos

Cuba[]

• Empresa de Telecomunicaciones de Cuba S.A.
• Union de Industrias Militares
• Cuban Institute of Radio and Television

Czech Republic[]

• Budweiser Budvar Brewery
• ČEPS, a.s.
• ČEZ Group
• České dráhy
• Czech Radio
• Česká televize

Denmark[]

• Banedanmark
• Danske Spil
• DR
• DSB
• Energinet.dk
• Ørsted
• PostNord Danmark

Municipal

• Aarhus Vand A/S
• Kalundborg Forsyning A/S
• Middelgrunden offshore electricity generation wind farm
• Samsø offshore electricity generation wind farm and district heating plants
• Vandcenter Syd as

Ecuador[]

• Ecuadorian Naval Shipyards ASTINAVE EP
• Banking for Rural and Urban Productive Development BANECUADOR BP
• Development Bank of Ecuador BDE
• Pacific Bank BDP (currently on sale)
• Electricity Corporation of Ecuador CELEC EP
• National Electricity Corporation CNEL EP
• National Telecommunications Corporation CNT EP (currently on sale)
• Ecuadorian Railways (defunct)
• Post Office of Ecuador CDE
• EMELNORTE SA
• Regional Electric Company Ambato Centro Norte SA EEASA
• Electric Company Azogues CA EEA
• Electric Company CENTROSUR
• Electric Company Provincial Cotopaxi SA EEPC
• Galápagos Provincial Electric Company EEPG
• Quito Electric Company EEQ
• Southern Regional Electric Company SA EERSSA
• Riobamba Electric Company SA EERSA
• National Mining Company ENAMI
• Public Water Company EPA
• Public Media EPMPCE (many medias are behind this entity such as TC Television, Gamavision, Ecuadorian Public Radio and Ecuador TV)
• Ecuadorian Petroleum Fleet Public Company FLOPEC
• PETROECUADOR EP
• Ecuador Airline TAME EP (defunct)
• PETROAMAZONAS EP
• Santa Barbara EP SBEP
• Ecuadorian Shipping Transport TRANSNAVE
• Storage Unit UAE

Egypt[]

• Egypt Post
• EgyptAir
• Egyptian National Railways
• Nile TV
• Suez Canal Authority
• Telecom Egypt
• EGPC
• ERTU
• EGAS
• Arab Contractors
• National Bank of Egypt
• Banque Misr
• Banque Du Caire

Finland[]

France[]

Gabon[]

• Société Nationale Petrolière Gabonaise

Germany[]

Ghana[]

• Ghana National Petroleum Corporation
• Ghana Oil Company
• Volta River Authority
• Electricity Company of Ghana
• Cocoa Processing Company Limited
• Ghana Water Company Limited

Greenland[]

• Greenland Airport Authority

Hungary[]

India[]

In India, state-owned enterprise is termed a Public Sector Undertaking (PSU) or a Central Public Sector Enterprise (CPSE). These companies are owned by the Union Government, or one of the many state or territorial governments, or both. The company equity needs to be majority owned by the government to be a PSU. Examples are Life Insurance Corporation of India, Oil and Natural Gas Corporation, Engineers India Limited, India Trade Promotion Organization, GAIL, BSNL, Food Corporation of India, Air India, and Bharat Heavy Electrials Limited (BHEL).

Indonesia[]

Iran[]

• Iran Air
• National Iranian Gas Company
• Islamic Republic of Iran Broadcasting

Iraq[]

Ireland[]

• Bank of Ireland (15%)

Israel[]

Italy[]

Companies owned by the Ministry of Economy and Finances:

Japan[]

State-owned enterprises in Japan are commonly divided into tokushu hōjin (特殊法人, lit. "special legal person") and tokushu gaisha (特殊会社, lit. "special company"). Tokushu hōjin are the Japanese equivalent to statutory corporations; tokushu gaisha are kabushiki gaisha owned wholly or majorly by the government.

Japan Post was reorganized into Japan Post Group in 2007 as a material step of the postal privatization. It ceased to be wholly owned by the government on November 4, 2015 when the government listed 11% of its holdings on the Tokyo Stock Exchange. Parts of the Japan Railways Group (JR) were formerly owned by the government. The Electric Power Development Co., Limited was also state-owned before being privatized.

Tokushu hōjin[]

• NHK
• Japan Racing Association
• Japan Pension Service
• Okinawa Development Finance Corporation
• Promotion and Mutual Service Corporation for Private Schools of Japan

Tokushu gaisha[]

• Japan Railways Group
  • Hokkaido Railway Company
  • Shikoku Railway Company
  • Japan Freight Railway Company
• Japan Post Holdings Company (63.29%; 23.5% owned by a government debt fund)
• Expressways of Japan
  • East Nippon Expressway Company Limited (100%)
  • Central Nippon Expressway Company Limited (100%)
  • West Nippon Expressway Company Limited (100%)
  • Metropolitan Expressway Company Limited (49.99%)
  • Hanshin Expressway Company Limited (50%)
  • Honshu-Shikoku Bridge Expressway Company Limited (JB Honshi Kōsoku) (66.63%)
• Japan Alcohol (J.alco) (33.3%; the rest are owned by Japan Alcohol Trading Company/Nihon Alcohol Hanbai KK, a private company)
• Narita International Airport Corporation (MLIT 90.01%, MOF 9.99%)
• Nippon Automated Cargo Clearance Systems (NACCS) (50.01%)
• Tokyo Metro Company, Limited (53.42%)
• The government is mandated by law to own one-thirds of all Nippon Telegraph and Telephone and Japan Tobacco stocks.
• Owned by JOGMEC:
  • JAPEX (34%)
  • Inpex (18.96%)

Kazakhstan[]

• KazMunayGas
• Qazaqstan Radio and Television Corporation

Kenya[]

Parastatals in Kenya, partly from a lack of expertise and endemic corruption, have largely inhibited economic development. In 1979, a presidential commission went as far as saying that they constituted "a serious threat to the economy", and, by 1989, they had still not furthered industrialization or fostered the development of a Black business class.^[12]

Several Kenyan SOEs have been privatized since the 1980s, with mixed results.^[13][14]

Kuwait[]

• Kuwait Petroleum Corporation
• Kuwait Television

South Korea[]

There are many state-owned enterprises in South Korea.

• Educational Broadcasting System
• Incheon International Airport
• Korail
• Korea Electric Power Corporation
• Korea Land and Housing Corporation
• Korea National Oil Corporation
• Korean Broadcasting System
• Seoul Metro
• Seoul Metropolitan Rapid Transit Corporation

Latvia[]

• VAS Latvijas Pasts - 100% owned by the Ministry of Transport
• AS (Latvijas Valsts meži) - 100% owned by the
• VAS Latvian Railways (Latvijas dzelzceļš) - 100% owned by the Ministry of Transport
• AS Latvenergo - 100% owned by the Ministry of Economics
• VSIA Latvian Television
• VSIA Latvian Radio
• AS Air Baltic Corporation - 80.05% owned by the Ministry of Transport
• VSIA Latvian National Opera and Ballet
• VSIA Pauls Stradiņš Clinical University Hospital
• VSIA Latvian National Theatre
• VSIA Latvijas Vēstnesis - 100% owned by the Ministry of Justice
• VSIA Latvian Environment, Geology and Meteorology Centre

Libya[]

• Libyan Jamahiriya Broadcasting Corporation
• National Oil Corporation

Lithuania[]

• Lietuvos paštas
• Lithuanian Mint
• Lithuanian National Radio and Television
• Lithuanian Railways

Luxembourg[]

Madagascar[]

• Air Madagascar
• Jirama
• Télévision Malagasy

Malaysia[]

Mauritius[]

• Mauritius Broadcasting Corporation

Mexico[]

Namibia[]

• Bank of Namibia
• NamWater
• Otavi Mining and Railway Company
• TransNamib
• Namibian Broadcasting Corporation

Netherlands[]

New Zealand[]

New Zealanders commonly refer to their state-owned enterprises as "SOEs", or as "crown entities". Local government councils and similar authorities also set up locally controlled enterprises, such as water-supply companies and "local-authority trading enterprises" (LATEs) as separate corporations or as business units of the councils concerned.

Government-owned businesses designated as crown entities include:

• Television New Zealand
• Radio New Zealand
• Crown Research Institutes

New Zealand's state-owned enterprises have included:

• New Zealand Post
  • Kiwibank
• Meteorological Service of New Zealand Limited
• Airways New Zealand
• Transpower New Zealand Limited
• Landcorp
• Kordia
  • Orcon Internet Limited (2007-2013)^[15]
• Mercury Energy
• Meridian Energy
• Genesis Energy Limited
• Learning Media Limited
• Solid Energy

State-owned enterprises which have undergone privatisation and subsequent renationalisation:

• New Zealand Railways Corporation
  • KiwiRail
• Air New Zealand
• Quotable Value (QV - partially privatised)^[16]

Nigeria[]

• Garden City Radio 89.9
• Nigeria Social Insurance Trust Fund
• Nigerian Coal Corporation
• Nigerian National Petroleum Corporation
• Power Holding Company of Nigerianow privatize
• Nigeria Railway Corporation
• Nigeria Television Authority(NTA)
• National Aviation Handling Company(NACHO)

North Korea[]

Norway[]

Oman[]

• Oman Air

Pakistan[]

Pakistan has a large list of government owned companies called State owned entities (SOEs). These played an important role in the development of the business and industry in Pakistan, but recently they are considered responsible for fiscal difficulties of the government due to corruption and bad governance. These SOEs, roughly 190 in number, operate in a wide range of economic areas including energy, communication, transport, shipping, trading, and banking & finance. Some of the most common examples of crown companies in Pakistan are Pakistan State Oil, Sui Norther Gas Pipelines, Pakistan International Airlines, and Pakistan Steel Mills.

Panama[]

• Panama Canal

Philippines[]

In the Philippines, state-owned enterprises are known as government-owned and controlled corporations (GOCCs). They can range from the Social Security System (SSS) and the Philippine Coconut Authority with no counterparts in the private sector, to Land Bank of the Philippines, a wholly government-owned bank that competes with private banks. A number of government-owned and controlled corporations, especially those that were seized by the President Ferdinand Marcos during his time as the leader of the Fourth Republic of the Philippines, were given back to the original owners by the end of the 20th and the beginning of the 21st century, including Philippine Airlines (PAL), Philippine Long Distance Telephone Company (PLDT), Philippine National Bank (PNB), and ABS-CBN Corporation.

Poland[]

Portugal[]

• Águas de Portugal, a state owned environmental company, which operates on water supply, wastewater sanitation and treatment and recovery of waste sectors
• Caixa Geral de Depósitos, a state owned banking corporation and the largest Portuguese bank
• Carris, a state owned transportation company that operates in Lisbon
• Comboios de Portugal, a state owned railway company, which hauls freight and passengers
• EMPORDEF, a state owned defence holding company
• Metro do Porto, a state owned light railway company that operates in Porto
• Metropolitano de Lisboa, a state owned subway system that operates in Lisbon
• NAV Portugal (in Portuguese), a state owned company that provides air traffic control
• Rádio e Televisão de Portugal, a state owned public service broadcasting organization
• REFER, a state owned rail infrastructure management company
• Sociedade de Transportes Colectivos do Porto, a state owned bus company of Porto
• TAP Portugal, a state owned national airline company (A 61% stake was sold in 2015. Parpública has kept a 39% stake in the company. The government of António Costa increased this stake to 50% in 2016.)
• Transtejo & Soflusa, a state owned ferry company operating in Lisbon Metropolitan Area

Puerto Rico[]

Romania[]

• Căile Ferate Române
• Compania Nationala a Uraniului S.A. (100%)
• Complexul Energetic Hunedoara S.A. (100%)
• Complexul Energetic Oltenia S.A. (77.15%)
• Conpet S.A. (58.72%)
• Hidroelectrica (80%)
• Loteria Română
• Metrorex
• National Company "Bucharest Airports" S.A. (Henri Coandă International Airport & Aurel Vlaicu International Airport)
• Nuclearelectrica (82.5%)
• Oil Terminal S.A. (59.62%)
• Poșta Română (75%)
• Romgaz S.A. (70.01%)
• Romsilva
• S.N. de Inchideri Mine Valea Jiului S.A. (100%)
• Societatea de Administrare a Participatiilor in Energie S.A. (100%)
• Societatea Nationala de Radiocomunicatii
• TAROM
• Transelectrica
• Transgaz
• Uzina Termoelectrica Midia S.A. (56.58%)

The state of Romania owns a minority stake in:

• Electrica (48.78%)
• Engie Romania S.A. (37%)
• E.ON Energie Romania S.A. (31.82%)
• E.ON Distributie Romania S.A. (13.51%)
• OMV Petrom S.A. (20.64%)
• Rompetrol Rafinare S.A. (44.7%)
• Telekom Romania Communications S.A. (45,99%)
• Romanian Television

Russia[]

Saudi Arabia[]

• MAADEN
• NADEC
• SABIC
• Saudi Aramco
• Saudia
• Saudia Aerospace Engineering Industries
• SWCC
• Saudi Broadcasting Authority

Serbia[]

Seychelles[]

• Seychelles Marketing Board

Singapore[]

Government-linked corporations play a substantial role in Singapore's domestic economy. These GLCs are partially or fully owned by a state-owned investment company, Temasek Holdings. As of November 2011, the top six Singapore-listed GLCs accounted for about 17% of total capitalization of the Singapore Exchange (SGX). Notable GLCs include Singapore Airlines, SingTel, ST Engineering, and MediaCorp.^[17]

Slovakia[]

• Kremnica Mint
• Radio and Television of Slovakia

Slovenia[]

Slovenia is an ex-Yugoslavian republic. As such, its economy was largely state-owned prior to dissolution of that federation. The state still owns many enterprises, such as the banks, which in turn own such businesses as supermarkets and newspapers.^[18]

• , third largest bank^[18]
• , second largest bank^[18]
• Nova Ljubljanska banka, largest bank^[18]
• Radiotelevizija Slovenija

South Africa[]

Spain[]

• RTVE

Sri Lanka[]

Sweden[]

There are two types. Government-owned companies are legally normal companies but mainly or fully national owned. They are expected to be funded by their sales. A big customer might be the government or a government agency. The other type is government agencies which might also do activities competing with private owned companies. They usually are funded by tax money but can also sell services. The government has tried to avoid having agencies doing commercial activities, by separating out areas that compete with private companies into government-owned companies, for example within road construction. The reason is both to avoid unfair competition, and a wish to have market economy instead of plan economy as much as possible. Based on the tradition of avoiding "ministerial rule", the government has avoided interfering with the business of the companies, and allowed them to go international.

Switzerland[]

Syria[]

Taiwan[]

Tanzania[]

The Government of Tanzania owns a number of commercial enterprises in the country via the Treasury Registrar. It wholly owns the following corporations unless indicated otherwise:^[20]

• Air Tanzania
• Arusha International Conference Centre
• Marine Services Company Limited
• Tanzania Electric Supply Company Limited
• Tanzania Railways Limited
• Tanzania Telecommunications Company Limited (65%)
• TAZARA Railway (50%)
• Tanzanian and Italian Petroleum Refining Company Limited (50%)

Thailand[]

Trinidad and Tobago[]

Tunisia[]

• Compagnie Tunisienne de Navigation
• Entreprise Tunisienne d'Activités Pétrolières
• La Poste Tunisienne
• Tunisian Railways
• Établissement de la radiodiffusion-télévision tunisienne

Turkey[]

• Halk Bank
• Ziraat Bank
• Ziraat Katılım
• Turkish Radio and Television Corporation

United Arab Emirates[]

United Kingdom[]

United States[]

Uruguay[]

Venezuela[]

Vietnam[]

Zambia[]

• TAZARA Railway
• ZESCO
• Zambia National Broadcasting Corporation

Zimbabwe[]

• ZimPost
• Zimbabwe Broadcasting Corporation

See also[]

• Government-owned companies by country (category)
• List of government-owned airlines
• List of privatizations
• Lists of companies (category)
• National oil company
• State ownership

References[]

Bibliography[]

• Profiles of Existing Government Corporations—A Study Prepared by the U.S. General Accounting Office for the Committee on Government Operations (PDF), Washington, DC: U.S. Government Printing Office, 1988, p. 301, GAO/AFMD-89-43FS Document: H402-4. Alternate location:

External links[]

• Media related to Government-owned companies at Wikimedia Commons