Turkey - State-owned enterprise sector review (Vol. 1 of 2) : Main report

Report No. 10014-TU Turkey State-Owned Enterprise Sector Review (In Two Volumes) Volume l: Main Report March3,1993 i Country Operations Division Country Department I Europe and Central Asia Region l FOR OFFICIAL USE ONLY Document of the World Bank This document has a re'tricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  TURKEY STATE OW1tED ENTERPRISE SECTOR REVIEW CURRENCRY EQUIVALENTS Currency Unit = Turkish Lira (TL' US$1.00 = TL2609 (1990 Average) ABBREVIATION LiSt ASOK Agir Sanayi ve Otamotiv Kurumu (steel, machinery, vehictes) BCRIC British Coluibia Resource Investment Corporation BEP Basic Earning Power BoD Board of Directors BOTAS Boru Hatlari ile Petrol Tasima A.S. (oil pipeline) CAYKUR Cay Isletmeleri Genel MOdOrlOgO (tea processing) CEO Company Executive Officer CIF Cost, insurance freight CITOSAk TIrkiye Cimento ve Topral Sanayi T.A.S. (cement) CPI Consumer Price Index DHMI Devlet Hava Meydanlari Isletmelesi Genet MOdOrlOgO (airport administration) DITAS Deni7 Isletmeri ve Tankercitik A.S. (maritime tanker transport) DL Decree-Law DMB Deposit Money Banks DM0 Deviet Malzeme Ofisi (printing and stationary) DSF Development and Support Fund EBF Extra-Budgetary Fund EBIT Earnings before interest and taxes EBK Et ve BaLik Kurumu (meat and fish processing) EDC Earnings decLine ccver EM.SAN. Emekli Sandigi Genel MddOrlOgO (CiviL Servants Retirement Fund) GEMSAN Turkiye Gemi Sanayi A.S. (shipbuilding) H'B High Audit Board HLF Housing Development Fund HDPPA Housing Development and Public Participation Admninistration HPC High Planning Council IGSAS Istanbul G.Lbre Sanayi A.S. (fertilizer) IIBK Is ve Is;i Bulmu Kurumu (Turkish Employment Organization) ILO International Labor Organization ISE Istanbul Stock Exchange ISO Istanbul Charber of Industry JSC Joint-Stock Company MKEK Makina ve Kimya End0strisi Kurumu (weapons, chemicals) MoU Memorandun of Understanding MRR Maximun Rate of Return ORPL Output related profits levy ORUS Orman UrCinleri Sanayi Kurumu (forestry and wood products) PEI Public Economic Institution PETKIM Petrokisya Anonim Sirketi (petrochemicals) POAS PetroL Ofisi A.S. (oil products, retail) PPA Public Partnership Ackninistration PTT Turkiye Cumhiuriyet Posta Telegraf ve Telefon isl. Genel MOdOriOgO RPI Rate of price inflation SAS Scandinavian Airline System SCF Societe de Ciment rran$ais SEE State Economic Enterprise SEKA Turkiye SeLutoz ve Kagit Fabrikatari (paper) SEKER Turkiye Seker Fanrikateri A.S. (sugar) SGA Single Goverrewnt Agency SOE State Owned Enterprise SPO State Planning Organization SPSF Support ard Price Stabilization rund TARIM Tarim IsletmeLeri Genel MWudrlOgOi (agro products) TCDD Turkiye Cumhuriyet Devlet Demiryollari (railways) TDCI Turkiye Demir ve Celik Isletme eri (iron & steel) TDI Turkiye Denizcilik Isletmeler; (port adninistration and shipping) TEK TOrkiye Elektrik Kurum. Celectricity) TEKEL TOtCun, Tutun Mamulteri, T'.a ve AlkoL Isletmesi GeneL MOdOrlOgO (alcohoL & tobacco) THY TOrk Hava Yollari A.O. CairLines) TKI TOrkiye Komu.r Isletmeleri Kurumu (hard coal mines) TMO Toprak Mahsulleri Ofisi (soil products) TPAO Twrkiye Petrolleri A.O. (refineries) TSEK TOrkiye SOt Endustrisi Kurum (dairy) TTK Turkiye Taskomuru Kurumu (lignite mining) TUGSAS Turkiye Gubre Sanayi A.S. (fertilizer) TUPRAS Turkiye Petrol Refinerilari A.S. (refineries) TZDK Turkiye Zirai Donatim Kurumu (distribution of agro products) USDS Ucak Servisi A.S. (airport catering) YENSAN Yem Sanayi T.A.S. (animal feed)  FOR OMCIAL USE ONLY