US EditionSocial Fund: the Transition of Seven State-Owned Companies to Llcs or Ads Opens the Possibility for Privatization
3 Articles
3 Articles
The Association of Workers' Collectives, Trade Unions, Professional Communities and Associations "Social Front" warned today of the dangers hidden behind changing the legal form of public enterprises (PJ) to the status of limited liability companies (LLC) or joint stock companies (JSC), assessing that this paves the way for the privatization of state-owned enterprises.
The Unexpected Deal that Closed a Combative Union with Two Companies in the Process of Privatization
The workers' union of La Fraternidad reached a joint agreement in two of the companies that are part of the State but that are in plans to be privatized.The understanding establishes a series of bonds for a total of $90,000 in three tranches and five quotas of retroactive percentages to be paid in a split manner throughout August.The wage agreement of the union led by Omar Maturano includes a 1.3% retroactive for each of the months of March, Apr…
Almost like a déjà vu, the national government once again put on the table the possibility of privatizing AySA (Agua y Sanitarias Argentinos), a key state company that guarantees access to drinking water throughout the Metropolitan Area of Buenos Aires (AMBA).The announcement was made on July 18 by presidential spokesman Manuel Adorni at one of his press conferences, generating immediate concern in different sectors of society.
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