Mediterranean Hegemony Road

Chapter 7, Russian capital is coming

After the annual budget meeting, the Bulgarian government has to face a new problem - the restructuring of state-owned enterprises!

During the war, this state-owned enterprise system not only saved the government a lot of expenses, but also saved a lot of resources.

All are produced according to the plan, as much 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, which is derailed from the market.

The most obvious manifestation is that in the months after the end of the war, dozens of state-owned enterprises have fallen into a state of loss due to blind production and not grasping the market trend.

Don't talk about state-owned enterprises, even private enterprises have a similar situation, and the capitalists have all collapsed, but the problem of state-owned enterprises is even more serious! \u00261t;i\u003e\u00261t;/i\u003e

Everyone knows that there is a problem with the way Bulgarian state-owned enterprises operate, but no one knows how to change this, and Ferdinand is no exception. Even in future generations, this will be a big problem!

How to change the specific situation is different for each enterprise, and not all enterprises have to carry out reforms. At least the military industry enterprises have to continue to give them the bottom line. It really needs to be completely cut. The people below will come to a production transformation. Dinan is ready to cry!

There are still traces of this situation. Capitalist countries are often born. After the war is over, no one wants the weapons, and the capitalists directly send the workers home and turn to producing civilian products.

Defense industry? Does this have anything to do with them? There is no way for a business to survive without making money? You can't sell weapons, can you? Now that the world war has just ended, whose warehouse doesn't have a lot of weapons in it, who do you sell it to? \u00261t;i\u003e\u00261t;/i\u003e

Therefore, Bulgaria's restructuring is destined to be impossible to achieve in one step. As long as the separation of government and enterprise is completed, the enterprise can operate independently and survive.

It is naturally the cabinet that presides over this restructuring.

There are two roads in front of Constantine, and the first one has only one word - sell!

Simple and convenient, and it solves the problem once and for all! As long as these enterprises are sold, everyone will not have to worry about them, and the capitalists will naturally know what to do!

The second way is - change! Let the company operate independently first, and then hire professional managers. The government just supervises and takes dividends.

Constantine submitted a document to Ferdinand and said, Your Majesty, this is our cabinet's plan for enterprise reform, please take a look!

Ferdinand browsed it at the fastest speed. According to the plan of the cabinet, 80% of Bulgaria's state-owned enterprises will be auctioned this time, and only the military industrial enterprises, the Bulgarian Railway Group, the Bulgarian Agricultural Products Company, the Bulgarian National Bank, etc. will remain. More than ten large enterprises. \u00261t;i\u003e\u00261t;/i\u003e

In addition to the military enterprises, the economic benefits of other enterprises are not bad, even the railway company is profitable. Obviously, this is carefully selected by the government, and they do not want any enterprises that do not make money!

This also includes the famous Bulgarian Steel Group, Bulgarian Municipal Services Company, Bulgarian Mining Group, etc. A bunch of giant companies were abandoned because they could not make profits!

After pondering for a while, Ferdinand decided to sell it! This is determined by the market. In the past, Bulgaria was able to show off these enterprises by smashing the pot and selling iron. Now, with the completion of Bulgaria's industrialization, the historical mission of these enterprises has been completed, and staying behind can only increase the burden on the government!

As for turning losses into profits, it may be possible to spend some money, but the Bulgarian government is not specialized in doing business. The function of the government is to develop the country, and it cannot put the cart before the horse! \u00261t;i\u003e\u00261t;/i\u003e

Ferdinand thought for a while and said, Then prepare for the auction. The government can send invitations to buyers all over the world to try to sell at a good price!

Constantine replied with a wry smile, Yes!

Get a good price? How is this possible? No matter what time it is!

The European Big 6 is in vain, and capitalists are indeed waving cheques to find investment projects, but the current factories are worthless, and the machinery and equipment are 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 buy a lot of cheap equipment? Who doesn't want a bargain?

The biggest problem for the capitalists in Bulgaria is that their capital strength is insufficient. This world war is a feast for capital. They are directly reduced to spectators and have not been able to complete enough primitive accumulation. Of course, there are banks in ! \u00261t;i\u003e\u00261t;/i\u003e

Ferdinand thought to himself, after this auction, the royal family will have a deeper grasp of the country's economy!

As for the embezzlement of state-owned assets? This is a good choice, the premise is to have enough strength?

There is no doubt that the cabinet will conduct public auctions of these companies this time. Even if they have ideas, they must be able to operate them, right?

Collusion with so many competitors to jointly lower prices? Just think about it, don't look at how many vests Ferdinand has in it, it will be exposed in minutes, and then the house will be raided and destroyed immediately!

Anyway, Bulgaria's current laws are so overbearing. Although they committed crimes and resisted themselves, they always confiscated all their property.

After all, it is impossible to tell from the money, which one is illegal and which one is legal. \u00261t;i\u003e\u00261t;/i\u003e

So now the richer Bulgarians are, the more cautious they are, for fear that some bastard in the family will do something wrong and lose the family business together, and they haven't dealt with it yet.

Of course, in fact, there are not many cases of home raiding, and most of them are corrupt officials. As long as ordinary people are not too deadly, they are not enough to raid their homes!

...

This time the government-enterprise split, in fact, the biggest loss was the military, whose small treasury Bulgarian Agricultural Company was spun off.

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 has a large amount of land and a large number of real estate in the country.

And the income of agricultural companies is also very stable, mainly including land output, real estate rent, and supporting grain processing enterprises. \u00261t;i\u003e\u00261t;/i\u003e

This enterprise monopolizes one-third of Bulgaria's grain production, one-half of grain processing, and 80 percent of grain import and export trade.

They can create an output value of nearly 3 billion levs every year, and turn in nearly 400 million levs of profits. They are well-deserved bosses among all state-owned enterprises!

The birth of this freak started with the raiding of homes in the Stamborov era. Since that era, the land confiscated by the Bulgarian government has been handed over to this company for management.

In the later stage, except for part of the land obtained through the war, the rest fell into the hands of this company, and finally a behemoth appeared like a snowball.

He has been firmly in the hands of the military for a long time. Taking the opportunity of this restructuring, Ferdinand also deducted it.

As compensation, the military has also obtained the right to reclaim farms in the colonies. From now on, all the colonies in Bulgaria are open to the military. They can open up wasteland at any time, and all the profits go to the military, but only for farming and animal husbandry industry! \u00261t;i\u003e\u00261t;/i\u003e

None of this is important. The key is to destroy the military's own financial resources and further eliminate the hidden dangers of the birth of warlords.

As for the future benefits that the army can obtain by reclaiming land, it has been automatically ignored by Ferdinand. Everyone knows that military expenditures are getting higher and higher.

The current hundreds of millions of levs and the future hundreds of millions of levs are not the same concept at all! The current hundreds of millions of levs are enough to support the Bulgarian navy, air force, or hundreds of thousands of troops, but in the future, it will only be a warship or even a plane.

Purchasing power is not the same, the results are naturally different!

...

As soon as the measures for the restructuring of state-owned enterprises in Bulgaria were announced, the media all over the world were boiling. The capitalist world believed that this was a progress of human civilization. The Bulgarian government finally realized their mistakes and wanted to return to the right track of a free economy. \u00261t;i\u003e\u00261t;/i\u003e

Many overseas consortiums are gearing up to make a big profit. Don't get me wrong, they won't come to buy factories, these consortiums are waiting for the Bulgarian government to open up the financial market!

Obviously they think too much. Ferdinand is very aware of their feces and urine. If they are allowed to come in and toss, Bulgaria will not become a replica of France?

The struggle for dominance between the real economy and the financial economy has never ceased, except that the capitalists win the virtual economy every time for their own interests!

Ferdinand also took a lot of effort to tame the Bulgarian bourgeoisie, so that a kind of society has formed: a down-to-earth economic concept. How could they be ruined?

Now the propaganda of the Bulgarian government is: Industry and prosperity! Virtual economy ≈ liar, only real industries are the wealth of the country, stocks and bonds are all clouds! \u00261t;i\u003e\u00261t;/i\u003e

Therefore, the outside world is harassing, and everyone is just taking it as a joke. 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, which is related to their jobs. After all, the government has sold the enterprise, who knows what the new owner plans.

Even if the law stipulates that you can't lay off employees casually, but you can't control people's salary reduction? As long as it is above the minimum wage standard, these are people's rights, and no one can ask people to continue to maintain a high salary state when the company is losing money!

Fortunately, the state-owned enterprises in this period are only a problem of upper management, and the workers at the bottom have not rotted yet. Keep the good work style of the Bulgarians who have always been down-to-earth and hardworking, otherwise the trouble will be even greater!

They are not eating a big pot of rice. Before the world war, these enterprises were operated independently. Although they also received government funding, most of them were self-financing and had not had time to rot. \u00261t;i\u003e\u00261t;/i\u003e

Otherwise, this auction will not be so easy to open, how can the capitalists invest indiscriminately if they are not stupid?

...

Kennedy asked, Xiang, did you come here in person?

Constantine smiled slightly and said, I still don't know what to do! We have taken out so many companies at one time. Can I sell it? I have to be concerned about it, right?

How about it? How many buyers are there now, can they eat this batch of enterprises?

Kennedy said calmly: We have put out a total of 89 companies for auction this time, with a total asset of 500 million leva. If it is just our domestic capitalists, it is estimated that we really can't eat it!

But it shouldn't be a big problem now. This time, there are 427 capitalists who have submitted deposits to us, of which Russian capitalists account for one-third! \u00261t;i\u003e\u00261t;/i\u003e

As far as I know, because of the October Revolution, many people here have lost a lot of industries and are now seeking new exhibitions.

However, given the current situation in Russia, it will not be peaceful in the short term, and it is not suitable to continue investing. They are still looking for new investment directions, and we happen to be one of their goals!

Capital is profit-seeking, and they can be unscrupulous for the sake of profit; but capitalists also pursue stability, and they also hope to have a stable investment environment!

Right now, the Russian Empire is raging with war, which is obviously not suitable for investment, and they have to look overseas. And Bulgaria happens to be one of their favorite places!

First, the political situation is stable, and the government is clear and clear, which is suitable for investment and industry;

Don’t look at a lot of capitalists, they like to engage in crooked ways and use illegal means to make profits, but that is all in their old nests. They are local snakes. \u00261t;i\u003e\u00261t;/i\u003e

If they go to a foreign country, they are most worried about the administration of officials. After all, they are no longer hunters after leaving their nests, but become prey. At this time, they naturally hope that the government can notarize them strictly and protect their interests.

Therefore, they dared to be reckless in the Russian Empire for the sake of profit, but after leaving the Russian Empire, they became cautious in Bulgaria.

The previous network of relationships is no longer useful here, and they are not deep-rooted high-profile families, but an outsider who needs to be cautious.

Second, they are close enough to the Russian Empire, they can watch the situation, and there are many acquaintances here who can take care of each other;

Third, it is easy to make money;

Their relationship in China 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. \u00261t;i\u003e\u00261t;/i\u003e

...

With so many advantages, powerful Russian capitalists will naturally establish 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 can not only increase a source of money, but also add a back path!

After listening to Kennedy's explanation, Konstantin's dangling heart was relieved. As long as Russian capital joined in, there would be no problem with today's auction.

Don't look at the poor industry of the Russians and the rotten economy, but this does not mean that the Russian capitalists have no money!

Especially the group of bankers, who have just looted the entire Russian Empire, and now have a lot of money in their hands, looking for new investment channels.

Investment banks are an option, but practically impossible for them! Where in the world are there no local snakes? The financial market has long been divided up, and the rest are only three melons and two dates.

If they dare to intervene strongly, it is estimated that the local forces will ask them how to behave!

This is the sequelae of killing chickens and taking eggs. Although they made a lot of money, their reputation is also ruined. Banks and consortiums in various countries will be hostile to their behavior of breaking the rules, even if everyone makes money together!

But when it comes to fighting opponents, no one will be soft-hearted. For example, if a Russian bank opens a branch in Bulgaria, it is estimated that it will be difficult to generate a single business. They have also been hacked from scratch!

Now that it has changed its face, it is a good choice to start with the real economy. Anyway, it is all about making money, so why not do it?

...

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