Handbuch Osteuropa

FiFo Ost

PUBLIC ENTERPRISE MERCHANT


Status
Article 61

A state-owned and municipal enterprise shall be either a single person limited liability company or a single person joint stock company. State-owned and municipal enterprises may also form other companies or groups of companies.


Formation
Article 62
(1)
State-owned enterprises shall be formed as or transformed into single person limited liability companies or single person joint stock companies pursuant to a procedure to be established by a law.
(2)
Municipal enterprises shall be formed as or transformed into single person limited liability companies or single person joint stock companies through a resolution of the municipal council.
(3)
State-owned enterprises which are not companies may be formed with a law.


 
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