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Army continues selling off its assets

By the end of 2013 the army would like to sell off around fifty properties, which should bring around half a billion CZK. By the end of October, it has already disposed of unnecessary assets worth over a billion CZK. The Ministry of Defence also plans privatisation of the second largest military firm – a military repair plant VOP CZ where nowadays civil sector revenues already represent 95 percent.

Source: www.govdaily.cz/en/