The activity report for 2016 of state-run public enterprises was drafted and presented by the Finance Ministry and says there are 1,668 public enterprises.
According to data presented by the Finance Ministry, the total revenues of state-run companies amount to RON44.167 billion, of which state budget subsidies reach RON5.717 billion. Expenses stand at RON38.910 billion.
A total 143 state-run public enterprises posted a gross profit of RON6.753 billion and 58 public enterprises posted a loss of RON1.496 billion. Dividends to the state budget amount to RON3.080 billion. Total debts stand at RON21.448 billion, of which overdue payments of RON3.497 billion.
”In 2016, compared with 2015, total revenue fell by RON2.124 billion and total expenses declined by RON4.858 billion and the gross profit rose by RON2.733 billion”, according to the ministry.