Nationalization in Romania
The nationalization of the means of production was a measure taken by Romania’s new Communist authorities in order to lay the foundation of socialism. The act that allowed this measure to take place was Law 119, adopted by the Great National Assembly on June 11, 1948. Article 1 decreed subject to nationalization “all the wealth of the soil not in the property of the state at the time of entry into force of the Constitution of the Romanian People’s Republic, as well as individual enterprises, societies of any type and private industrial, bank, insurance, mining, transport and telecommunications associations”. Nationalized (generally without any form of compensation) were 8,894 industrial, mining, transport, banking and insurance companies, followed in November 1948 by 383 cinemas and medica
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Nationalization in Romania
The nationalization of the means of production was a measure taken by Romania’s new Communist authorities in order to lay the foundation of socialism. The act that allowed this measure to take place was Law 119, adopted by the Great National Assembly on June 11, 1948. Article 1 decreed subject to nationalization “all the wealth of the soil not in the property of the state at the time of entry into force of the Constitution of the Romanian People’s Republic, as well as individual enterprises, societies of any type and private industrial, bank, insurance, mining, transport and telecommunications associations”. Nationalized (generally without any form of compensation) were 8,894 industrial, mining, transport, banking and insurance companies, followed in November 1948 by 383 cinemas and medica
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Das Nationalisierungsgesetz vo ...... hen Volksrepublik einzuleiten.
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The nationalization of the mea ...... in 2005: Fondul Proprietatea.
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Das Nationalisierungsgesetz vo ...... hen Volksrepublik einzuleiten.
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The nationalization of the mea ...... 1948 by 383 cinemas and medica
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Nationalisierungsgesetz vom 11. Juni 1948 in Rumänien
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Nationalization in Romania
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