Revenues of the Fund |
EUR mil. | Per capita | Per working person | Annual change |
---|---|---|---|---|
Revenues from Business and from Property Title | 474,8 | 88 | 202 | 14,5% |
Interest Received | 3,5 | 1 | 1 | 239,6% |
Other Revenues | 0,6 | 0 | 0 | -99,5% |
Total Revenues | 478,9 | 89 | 204 | -11,7% |
National Property Fund was established in order to implement the approved privatization projects. Since there is currently no government company ready for privatization Fund performs only the role of a shareholder in companies in which it holds an interest. The fund receives revenues from the dividends which are sent mainly to state financial assets. These resources are then used to subsidy the loss of the Social Insurance Agency caused by the existence of the II. pillar of the retirement insurance. Rensponsible for the management of the Fund is the National Council of SR.