The number of companies with
public capital declined 2.1% in 2015 from the previous year,
although employment in such firms grew 4.3% over the same
period, national statistics bureau Istat said on Monday.
"In 2015, economic companies in which the public sector had
stakes were 9,655 and employed 882,012", Istat said.
Local administrations have to submit a rationalization plan
regarding the companies they have capital in, the so-called
'partecipate', to the economy ministry by the end of the month.
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