CEC and Eximbank will capitalize their profit

CEC and Eximbank will capitalize their profit

Project. CEC an Exibank will be able to utilize the entire profit recorded in 2007 for the increase of their social capital, according to a government ordinance project made by the Ministry of Economy and Finances.

The current legislation forces the national scocieties, national companies and commercial societies with complete or majoritary state capital, as well as authonomus administrations to pay 50% of their net profit to the state budget.