The Poles have yet to put state-owned factories and farms into private hands.
Yet he couldn't sell state-owned factories because, without markets, no one could know their value and few Russians had any savings.
Her mother was a technician at a state-owned factory which produced electronic tubes.
There were 1,000 more state-owned factories in China this year than in 1993.
Still, no bankrupt state-owned factories have been closed or sold.
The newspaper said some state-owned factories would be forced into bankruptcy because there was simply not enough money to go around.
During the late 1990s, many of the state-owned factories were sold off and torn down.
It transformed from a state-owned factory to a private company.
Most of the state-owned factories built during the communist period went into bankruptcy since 1989.
But he could never bring himself to close the dying state-owned factories or sell failing banks.