Over third of companies with public stake 'inactive'

Istat says over public sector has stakes in over 11,000 firms

(ANSA) - Rome, December 22 - Istat said Monday that Italian central and local government bodies have stakes in 11,024 companies - over a quarter of which are 100% owned by public entities.
    But the national statistics agency said that only 7,685 of those companies, 69,7%, were "active".
    It added that 1,896 of the companies were organisations with no staff members.
   

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