Jeruselem
19-02-2004, 14:18
Jeruselem Government News
Government offloads corporations
The Jeruselem government has decided to sell of two of it's underperforming enterprises and allow them to be sold to private sector including foreign investors. The government has sacked the boards of these two corporations and placed it into government administration until new board is elected.
Treasurer Paul John Saul has allowed foreign investors participate, but they will still be bound by local Jeruselem law and regulation.
For sale ..
Jeruselem Retirement Homes, estimated value $US 5 billion
* 2000 nursing homes in 5 nations
* Current issues with lack of trained personnel and low moral of staff
* No problems with lack of potential customers (Lots of old folk)
Jeruselem HealthCover, estimated value $US 10 billion
* Health insurance company in 6 nations
* Same problems with global insurance crisises as well as severe management in the past
* Rising premiums driving poorer customers out as well as reduced benefits
Government offloads corporations
The Jeruselem government has decided to sell of two of it's underperforming enterprises and allow them to be sold to private sector including foreign investors. The government has sacked the boards of these two corporations and placed it into government administration until new board is elected.
Treasurer Paul John Saul has allowed foreign investors participate, but they will still be bound by local Jeruselem law and regulation.
For sale ..
Jeruselem Retirement Homes, estimated value $US 5 billion
* 2000 nursing homes in 5 nations
* Current issues with lack of trained personnel and low moral of staff
* No problems with lack of potential customers (Lots of old folk)
Jeruselem HealthCover, estimated value $US 10 billion
* Health insurance company in 6 nations
* Same problems with global insurance crisises as well as severe management in the past
* Rising premiums driving poorer customers out as well as reduced benefits