v5 Chapter 7： , Russian capital is coming
After the annual budget meeting, the Bulgarian government has to face a new problem-state-owned enterprise restructuring!
During the war, this state-owned enterprise system not only saved the government a lot of expenditure, but also saved a lot of resources.
They are all produced according to plan, and as many as needed, there is almost no waste. This is undoubtedly a very scientific management method during the war.
However, the sequelae of doing so have also appeared. The enterprise that has been stopped for two and a half years has now lost its vitality. Everyone has become accustomed to producing according to the plan and derailing from the market.
The most obvious manifestation is that in the past few months after the war, dozens of state-owned enterprises have already fallen into a state of loss due to blind production and failure to grasp the direction of the market.
Not to mention the state-owned enterprises, even private enterprises have had an internal situation, and the capitalists have all collapsed, but the problems of state-owned enterprises have become more serious!
Everyone knows that there is a problem with the current operation of Bulgarian state-owned enterprises, but no one knows how to change this, and Ferdinand is no exception. Even in later generations, this is a big problem!
How to change the situation is different for each enterprise, and not all enterprises must be reformed. At least the military industry must continue to provide financial support for them. It is really going to be completely cut. The people underneath will undergo a production transformation. Dinant is ready to cry!
There are still traces to follow in this situation. Capitalist countries are often born. After a war is over, no one wants weapons. The capitalists just send the workers home and produce civilian products.
The defense industry? Does this have anything to do with them? There is no way for a company to survive without making money? Can't sell weapons? Now that the World War has just ended, whose warehouse doesn't have a lot of weapons, who are you selling to?
Therefore, this restructuring in Bulgaria is destined to be impossible to achieve in one step. As long as the division of government and enterprise is completed, the enterprise can operate independently and survive.
It is naturally the cabinet to preside over this restructuring. There are two roads in front of Constantine. The first one is only one word-sell!
Simple, convenient and clear, and solve the problem once and for all! As long as these companies are sold, everyone does not have to worry about them, and the capitalists naturally know what to do!
The second way is-change! Let the company operate independently first, then hire professional managers, and the government just supervises the dividends.
Constantine submitted a document to Ferdinand and said: "Your Majesty, this is our Cabinet's plan for corporate reform. Please have a look!"
Ferdinand browsed it the fastest time. According to the Cabinet’s plan, 80% of Bulgaria’s state-owned enterprises will be auctioned off this time. Only military industrial enterprises, Bulgarian Railway Group, Bulgarian Agricultural Corporation, Bulgarian National Bank, etc. More than ten large enterprises.
In addition to military industrial enterprises, the economic benefits of other enterprises are pretty good. Even the railway companies are profitable. Obviously, they have been carefully selected by the government. They don't want non-profitable enterprises!
This also includes the famous Bulgarian Steel Group, Bulgarian Municipal Service Company, Bulgarian Mining Group, etc. A bunch of giant companies were abandoned because they were unable to make a profit!
After pondering for a while, Ferdinand decided to sell! This is determined by the market. Back then, Bulgaria was able to smash and sell these companies. Now with the completion of Bulgaria’s industrialization, the historical mission of these companies has been completed, and staying there can only increase the burden on the government!
As for turning losses into profits, it may be possible to spend some economy, but the Bulgarian government is not specialized in doing business. The government's function is to develop this country and cannot turn the cart before the horse!
Ferdinand thought for a while and said: "Then prepare for auction. The government can invite buyers all over the world to get a good price!"
Constantine replied with a wry smile: "Yes!"
Sell a good price? How is this possible? Don't look at when it is now!
The European Big Six is a waste of money, and capitalists are indeed waving checks looking for investment projects, but now the factories are worthless, and the mechanical equipment is the price of Chinese cabbage. Are the German factories demolished by Britain and France still looking for someone to take over?
Didn't Ferdinand also bargain a lot of cheap equipment? Who doesn't want bargains?
And the capitalists in Bulgaria still have the biggest problem, that is, their capital strength is insufficient. This world war is a capital feast. They are directly reduced to spectators and failed to complete enough primitive accumulation. Of course, there are banks in !
Ferdinand thought to himself that after this auction, the royal family will have a deeper grasp of the country's economy!
As for embezzlement of state-owned assets? This is a good choice, provided that you have enough strength?
There is no doubt that this time the cabinet will conduct a public auction of these companies. Even if it has ideas, it must be able to operate it, right?
Collusion with so many competitors to jointly lower prices? Just think about it, regardless of how many vests Ferdinand has in it, it will be exposed in minutes, and then the house will be destroyed soon!
Anyway, the current law in Bulgaria is so overbearing. Although it is also a crime and self-defense, all family property is always confiscated.
After all, it is impossible to tell from the money, which one is illegally obtained and which one is legally earned.
So now the richer people in Bulgaria are, the more cautious they are, for fear that which **** in the family will commit a crime and lose the family business together, and has not dealt with it.
Of course, in fact, there are not many cases of ransacking their homes, and most of them are corrupt officials. As long as ordinary people are not too deadly, they are not enough to hack their homes!
...
This time the government-enterprise division actually suffered the most from the military. Their small vault Bulgarian Agricultural Company was divested.
Don't look at this ordinary agricultural company. In fact, this humble company is still the most profitable company in Bulgaria in this era. It controls a large amount of land in the country and owns a large number of real estate.
And the income of agricultural companies is also very stable, mainly including land output, real estate rents, and supporting grain processing enterprises.
This company monopolizes one-third of Bulgaria’s grain production, one-half of grain processing, and 80% of grain import and export trade.
They can create an output value of nearly 3 billion levs each year, and turn in a profit of nearly 400 million levs. They are the well-deserved bosses among all state-owned enterprises!
The birth of this freak began when the family was ransacked in the Stambolov era. From that era, the land confiscated by the Bulgarian government was given to this company.
In the later stage, except for a part of the land obtained through the war, the rest fell into the hands of this company, and finally a giant snowball appeared.
The military has always held it firmly in his hands. Taking the opportunity of this restructuring, Ferdinand also buckled it out.
As compensation, the military has also obtained the right to reclaim farms in the colonies. From now on, all colonies in Bulgaria are open to the military. They can open up wasteland at any time, and all the profits belong to the army, but only for agriculture and herd. industry!
These are not important. The key is to destroy the army's own financial resources and further eliminate the hidden danger of the birth of warlords.
As for the future military gains from land reclamation, it has been automatically ignored by Ferdinand. Everyone knows that military expenditures are getting higher and higher.
The hundreds of millions of levs today and the hundreds of millions of levs in the future are not a concept at all! The hundreds of millions of levs now are enough to feed Bulgaria’s navy and air force, or hundreds of thousands of troops, but in the future there will be only one warship or even one aircraft.
The purchasing power is different, the result is naturally different!
...
As soon as the measures for the restructuring of Bulgarian state-owned enterprises were announced, the media all over the world boiled over. The capitalist world regarded this as an advancement in human civilization. The Bulgarian government finally realized their mistakes and wanted to return to the right track of a free economy.
Many overseas consortia are grappling with their hands, preparing to make a big profit. Don't get me wrong, they won't come to buy factories. These consortia are waiting for the Bulgarian government to open up the financial market!
Obviously they think too much. Ferdinand knows their poopiness. If they were allowed to come in and toss them, wouldn't Bulgaria be a replica of France?
The battle for dominance between the real economy and the financial economy has never stopped. It is only the virtual economy that capitalists win every time for their own benefit!
Ferdinand also took a lot of effort to tame the Bulgarian bourgeoisie, so that a kind of society was formed: a down-to-earth economic concept was promoted. How could it be ruined by them?
Now the Bulgarian government’s propaganda is: Industry is booming! Virtual economy ≈ liar, only real industry is the wealth of the country, stocks and bonds are all clouds!
Therefore, the outsiders are harassing, and everyone is just talking about it. Ordinary people do not believe that there will be pie in the sky. The propaganda of foreign economic experts is a waste of effort.
In contrast, the employees of state-owned enterprises are not so calm. This is related to their jobs. After all, the government has sold the enterprises. Who knows what the new owner plans.
Even if the law stipulates that you can't lay off casually, but you can't control people's salary cuts? As long as it is above the minimum wage standard, these are the rights of others, and no one can ask them to continue to maintain a high salary when the company is losing money!
Fortunately, the state-owned enterprises in this period are only a problem of upper-level management. The workers at the bottom have not rotted, and the Bulgarians have always maintained their good work style, otherwise the trouble will be even greater!
They are no longer a big pot of food. Before the World War, these companies were operating independently. Although there were government funding, most of them were still responsible for their own profits and losses, and they had not had time to rot.
Otherwise, this auction will not be opened so easily. How can capitalists invest randomly if they are not stupid?
...
Kennedy asked: "Sang, have you come here in person?"
Constantine smiled slightly and said, "I still don't know! We have sold so many companies at once. Can I sell them? I have to care about them?
how about it? How many buyers have come now, can they eat these companies? "
Kennedy said calmly: "We have put out a total of 89 companies for auction this time, with total assets of up to 500 million levs. If it is only our domestic capitalists, it is estimated that we really can't eat it!
But now it shouldn’t be a big problem. There are 427 capitalists who have submitted deposits to us this time, of which Russian capitalists account for one third!
As far as I know, because of the October Revolution, many people have lost a lot of industries and are now seeking new exhibitions.
However, with the current situation in Russia, it will not be too peaceful in the short term and it is not suitable for continued investment. They are still looking for new investment directions. We happen to be one of their goals! "
Capital is profit-seeking, and they can act unscrupulously in order to benefit; but capitalists also pursue stability, and they also hope for a stable investment environment!
At the moment, the Russian Empire is raging at war, and it is obviously not suitable for investment. They have to look overseas. And Bulgaria happens to be one of their most promising places!
First, the political situation is stable and the officials are clean and bright, suitable for investment in industry;
Don't look at many capitalists, who like to engage in crooked ways and use illegal methods to make profits, but they are all in their old nests. They are local snakes. They want connections, connections, and power. They naturally like collusion between government and businessmen for profit.
If they go to another country, they are most worried about the government. After all, they will no longer be hunters after leaving their nests. Instead, they will become prey. At this time, they naturally hope that the government can notarize and protect their interests.
Therefore, they dared to be brazen in the interests of the Russian Empire, but after leaving the Russian Empire, they became more cautious in Bulgaria.
The previous network of relationships is no longer useful here, and they are no longer entrenched in high-profile households, but rather outsiders who need to be cautious.
Second, they are close enough to the Russian Empire, they can wait and see the situation, and there are many acquaintances here, and they can take care of each other;
Third, it is easy to make money;
Their relationship in the country is still there, and they can also use domestic channels to sell their products, and soon they can get a share of the domestic market. UU reading www.uukanshu. com
...
With so many advantages, powerful Russian capitalists will naturally want to build some industries here, and the easiest way is to directly purchase!
As long as they acquire a local Bulgarian industry, they can take this opportunity to integrate into the Bulgarian bourgeoisie, which will not only increase a source of financial resources, but also add a way out!
After listening to Kennedy's explanation, Constantine's hanging heart suddenly dropped. As long as Russian capital joins in, today's auction will be no problem.
Don't look at the Russian industry, and the economy is in a mess, but this does not mean that Russian capitalists have no money!
Especially that group of bankers, who just ransacked the entire Russian Empire, and now they still have large sums of money in their hands, looking for new investment channels.
Investment banks are certainly the choice, but it is actually impossible for them! Where are there no local snakes anywhere in the world? The financial market has long since been divided up and clean, and what is left is just a couple of things.
If they dare to step in strongly, it is estimated that the local forces will tell them how to behave!
This is the sequelae of killing chickens and eggs. Although they have made a lot of money, their reputations are also broken. Bank consortia in various countries will be hostile to their behaviors of breaking the rules, even if everyone makes money together!
But when it comes to fighting opponents, no one will be soft. For example, if a Russian bank opens a branch in Bulgaria, it is estimated that it is difficult to generate a single business, and they have been hacked from scratch!
Now it’s a new look. Starting from the real economy is a good choice. Anyway, it’s all about making money. Why not?
...
https://
Please remember the domain name of this book's first publication:. Bookstore mobile version reading URL:
During the war, this state-owned enterprise system not only saved the government a lot of expenditure, but also saved a lot of resources.
They are all produced according to plan, and as many as needed, there is almost no waste. This is undoubtedly a very scientific management method during the war.
However, the sequelae of doing so have also appeared. The enterprise that has been stopped for two and a half years has now lost its vitality. Everyone has become accustomed to producing according to the plan and derailing from the market.
The most obvious manifestation is that in the past few months after the war, dozens of state-owned enterprises have already fallen into a state of loss due to blind production and failure to grasp the direction of the market.
Not to mention the state-owned enterprises, even private enterprises have had an internal situation, and the capitalists have all collapsed, but the problems of state-owned enterprises have become more serious!
Everyone knows that there is a problem with the current operation of Bulgarian state-owned enterprises, but no one knows how to change this, and Ferdinand is no exception. Even in later generations, this is a big problem!
How to change the situation is different for each enterprise, and not all enterprises must be reformed. At least the military industry must continue to provide financial support for them. It is really going to be completely cut. The people underneath will undergo a production transformation. Dinant is ready to cry!
There are still traces to follow in this situation. Capitalist countries are often born. After a war is over, no one wants weapons. The capitalists just send the workers home and produce civilian products.
The defense industry? Does this have anything to do with them? There is no way for a company to survive without making money? Can't sell weapons? Now that the World War has just ended, whose warehouse doesn't have a lot of weapons, who are you selling to?
Therefore, this restructuring in Bulgaria is destined to be impossible to achieve in one step. As long as the division of government and enterprise is completed, the enterprise can operate independently and survive.
It is naturally the cabinet to preside over this restructuring. There are two roads in front of Constantine. The first one is only one word-sell!
Simple, convenient and clear, and solve the problem once and for all! As long as these companies are sold, everyone does not have to worry about them, and the capitalists naturally know what to do!
The second way is-change! Let the company operate independently first, then hire professional managers, and the government just supervises the dividends.
Constantine submitted a document to Ferdinand and said: "Your Majesty, this is our Cabinet's plan for corporate reform. Please have a look!"
Ferdinand browsed it the fastest time. According to the Cabinet’s plan, 80% of Bulgaria’s state-owned enterprises will be auctioned off this time. Only military industrial enterprises, Bulgarian Railway Group, Bulgarian Agricultural Corporation, Bulgarian National Bank, etc. More than ten large enterprises.
In addition to military industrial enterprises, the economic benefits of other enterprises are pretty good. Even the railway companies are profitable. Obviously, they have been carefully selected by the government. They don't want non-profitable enterprises!
This also includes the famous Bulgarian Steel Group, Bulgarian Municipal Service Company, Bulgarian Mining Group, etc. A bunch of giant companies were abandoned because they were unable to make a profit!
After pondering for a while, Ferdinand decided to sell! This is determined by the market. Back then, Bulgaria was able to smash and sell these companies. Now with the completion of Bulgaria’s industrialization, the historical mission of these companies has been completed, and staying there can only increase the burden on the government!
As for turning losses into profits, it may be possible to spend some economy, but the Bulgarian government is not specialized in doing business. The government's function is to develop this country and cannot turn the cart before the horse!
Ferdinand thought for a while and said: "Then prepare for auction. The government can invite buyers all over the world to get a good price!"
Constantine replied with a wry smile: "Yes!"
Sell a good price? How is this possible? Don't look at when it is now!
The European Big Six is a waste of money, and capitalists are indeed waving checks looking for investment projects, but now the factories are worthless, and the mechanical equipment is the price of Chinese cabbage. Are the German factories demolished by Britain and France still looking for someone to take over?
Didn't Ferdinand also bargain a lot of cheap equipment? Who doesn't want bargains?
And the capitalists in Bulgaria still have the biggest problem, that is, their capital strength is insufficient. This world war is a capital feast. They are directly reduced to spectators and failed to complete enough primitive accumulation. Of course, there are banks in !
Ferdinand thought to himself that after this auction, the royal family will have a deeper grasp of the country's economy!
As for embezzlement of state-owned assets? This is a good choice, provided that you have enough strength?
There is no doubt that this time the cabinet will conduct a public auction of these companies. Even if it has ideas, it must be able to operate it, right?
Collusion with so many competitors to jointly lower prices? Just think about it, regardless of how many vests Ferdinand has in it, it will be exposed in minutes, and then the house will be destroyed soon!
Anyway, the current law in Bulgaria is so overbearing. Although it is also a crime and self-defense, all family property is always confiscated.
After all, it is impossible to tell from the money, which one is illegally obtained and which one is legally earned.
So now the richer people in Bulgaria are, the more cautious they are, for fear that which **** in the family will commit a crime and lose the family business together, and has not dealt with it.
Of course, in fact, there are not many cases of ransacking their homes, and most of them are corrupt officials. As long as ordinary people are not too deadly, they are not enough to hack their homes!
...
This time the government-enterprise division actually suffered the most from the military. Their small vault Bulgarian Agricultural Company was divested.
Don't look at this ordinary agricultural company. In fact, this humble company is still the most profitable company in Bulgaria in this era. It controls a large amount of land in the country and owns a large number of real estate.
And the income of agricultural companies is also very stable, mainly including land output, real estate rents, and supporting grain processing enterprises.
This company monopolizes one-third of Bulgaria’s grain production, one-half of grain processing, and 80% of grain import and export trade.
They can create an output value of nearly 3 billion levs each year, and turn in a profit of nearly 400 million levs. They are the well-deserved bosses among all state-owned enterprises!
The birth of this freak began when the family was ransacked in the Stambolov era. From that era, the land confiscated by the Bulgarian government was given to this company.
In the later stage, except for a part of the land obtained through the war, the rest fell into the hands of this company, and finally a giant snowball appeared.
The military has always held it firmly in his hands. Taking the opportunity of this restructuring, Ferdinand also buckled it out.
As compensation, the military has also obtained the right to reclaim farms in the colonies. From now on, all colonies in Bulgaria are open to the military. They can open up wasteland at any time, and all the profits belong to the army, but only for agriculture and herd. industry!
These are not important. The key is to destroy the army's own financial resources and further eliminate the hidden danger of the birth of warlords.
As for the future military gains from land reclamation, it has been automatically ignored by Ferdinand. Everyone knows that military expenditures are getting higher and higher.
The hundreds of millions of levs today and the hundreds of millions of levs in the future are not a concept at all! The hundreds of millions of levs now are enough to feed Bulgaria’s navy and air force, or hundreds of thousands of troops, but in the future there will be only one warship or even one aircraft.
The purchasing power is different, the result is naturally different!
...
As soon as the measures for the restructuring of Bulgarian state-owned enterprises were announced, the media all over the world boiled over. The capitalist world regarded this as an advancement in human civilization. The Bulgarian government finally realized their mistakes and wanted to return to the right track of a free economy.
Many overseas consortia are grappling with their hands, preparing to make a big profit. Don't get me wrong, they won't come to buy factories. These consortia are waiting for the Bulgarian government to open up the financial market!
Obviously they think too much. Ferdinand knows their poopiness. If they were allowed to come in and toss them, wouldn't Bulgaria be a replica of France?
The battle for dominance between the real economy and the financial economy has never stopped. It is only the virtual economy that capitalists win every time for their own benefit!
Ferdinand also took a lot of effort to tame the Bulgarian bourgeoisie, so that a kind of society was formed: a down-to-earth economic concept was promoted. How could it be ruined by them?
Now the Bulgarian government’s propaganda is: Industry is booming! Virtual economy ≈ liar, only real industry is the wealth of the country, stocks and bonds are all clouds!
Therefore, the outsiders are harassing, and everyone is just talking about it. Ordinary people do not believe that there will be pie in the sky. The propaganda of foreign economic experts is a waste of effort.
In contrast, the employees of state-owned enterprises are not so calm. This is related to their jobs. After all, the government has sold the enterprises. Who knows what the new owner plans.
Even if the law stipulates that you can't lay off casually, but you can't control people's salary cuts? As long as it is above the minimum wage standard, these are the rights of others, and no one can ask them to continue to maintain a high salary when the company is losing money!
Fortunately, the state-owned enterprises in this period are only a problem of upper-level management. The workers at the bottom have not rotted, and the Bulgarians have always maintained their good work style, otherwise the trouble will be even greater!
They are no longer a big pot of food. Before the World War, these companies were operating independently. Although there were government funding, most of them were still responsible for their own profits and losses, and they had not had time to rot.
Otherwise, this auction will not be opened so easily. How can capitalists invest randomly if they are not stupid?
...
Kennedy asked: "Sang, have you come here in person?"
Constantine smiled slightly and said, "I still don't know! We have sold so many companies at once. Can I sell them? I have to care about them?
how about it? How many buyers have come now, can they eat these companies? "
Kennedy said calmly: "We have put out a total of 89 companies for auction this time, with total assets of up to 500 million levs. If it is only our domestic capitalists, it is estimated that we really can't eat it!
But now it shouldn’t be a big problem. There are 427 capitalists who have submitted deposits to us this time, of which Russian capitalists account for one third!
As far as I know, because of the October Revolution, many people have lost a lot of industries and are now seeking new exhibitions.
However, with the current situation in Russia, it will not be too peaceful in the short term and it is not suitable for continued investment. They are still looking for new investment directions. We happen to be one of their goals! "
Capital is profit-seeking, and they can act unscrupulously in order to benefit; but capitalists also pursue stability, and they also hope for a stable investment environment!
At the moment, the Russian Empire is raging at war, and it is obviously not suitable for investment. They have to look overseas. And Bulgaria happens to be one of their most promising places!
First, the political situation is stable and the officials are clean and bright, suitable for investment in industry;
Don't look at many capitalists, who like to engage in crooked ways and use illegal methods to make profits, but they are all in their old nests. They are local snakes. They want connections, connections, and power. They naturally like collusion between government and businessmen for profit.
If they go to another country, they are most worried about the government. After all, they will no longer be hunters after leaving their nests. Instead, they will become prey. At this time, they naturally hope that the government can notarize and protect their interests.
Therefore, they dared to be brazen in the interests of the Russian Empire, but after leaving the Russian Empire, they became more cautious in Bulgaria.
The previous network of relationships is no longer useful here, and they are no longer entrenched in high-profile households, but rather outsiders who need to be cautious.
Second, they are close enough to the Russian Empire, they can wait and see the situation, and there are many acquaintances here, and they can take care of each other;
Third, it is easy to make money;
Their relationship in the country is still there, and they can also use domestic channels to sell their products, and soon they can get a share of the domestic market. UU reading www.uukanshu. com
...
With so many advantages, powerful Russian capitalists will naturally want to build some industries here, and the easiest way is to directly purchase!
As long as they acquire a local Bulgarian industry, they can take this opportunity to integrate into the Bulgarian bourgeoisie, which will not only increase a source of financial resources, but also add a way out!
After listening to Kennedy's explanation, Constantine's hanging heart suddenly dropped. As long as Russian capital joins in, today's auction will be no problem.
Don't look at the Russian industry, and the economy is in a mess, but this does not mean that Russian capitalists have no money!
Especially that group of bankers, who just ransacked the entire Russian Empire, and now they still have large sums of money in their hands, looking for new investment channels.
Investment banks are certainly the choice, but it is actually impossible for them! Where are there no local snakes anywhere in the world? The financial market has long since been divided up and clean, and what is left is just a couple of things.
If they dare to step in strongly, it is estimated that the local forces will tell them how to behave!
This is the sequelae of killing chickens and eggs. Although they have made a lot of money, their reputations are also broken. Bank consortia in various countries will be hostile to their behaviors of breaking the rules, even if everyone makes money together!
But when it comes to fighting opponents, no one will be soft. For example, if a Russian bank opens a branch in Bulgaria, it is estimated that it is difficult to generate a single business, and they have been hacked from scratch!
Now it’s a new look. Starting from the real economy is a good choice. Anyway, it’s all about making money. Why not?
...
https://
Please remember the domain name of this book's first publication:. Bookstore mobile version reading URL:
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