Economy Minister Radimir Cacic said on Friday that he and Finance Minister Slavko Linic would publish the results of all public companies' investment activities on October 1.
He said that for now, the HEP power company was the best, the HZ railway operator the worst, and that the indicators were generally unsatisfactory.
Public companies have a big job ahead because 75 per cent of what they plan to do this year remains to be done in the second half, said Cacic.
Asked by reporters if anything could be done to cut public companies' losses, he said the management boards and number of directors had been downsized in nearly all public companies last spring because of losses, uneconomical operation and lack of restructuring.
"The government's job is to significantly change the situation by the end of the year and all that is tied to the strong investment cycle the government has set itself as a task."
Cacic said nothing was done in public companies in the first three months of the year when former management boards were in charge, adding that it was pointless to analyse how much that was due to incompetence and how much to obstruction.
Asked if he was satisfied with the restructuring plans presented by the public companies, Cacic said serious effort had been made in many.
Public companies that have not been restructured are an unbearable burden on the economy, the state and citizens. Every job is important but it must be productive, he said.
