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This is a list of industries, services, products, or companies that have been
nationalized Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to p ...
at various times, grouped by country.


List


Argentina

* 1946
Central Bank of Argentina The Central Bank of the Argentine Republic ( es, Banco Central de la República Argentina, BCRA) is the central bank of Argentina, being an autarchic entity. Article 3 of the Organic Charter lists the objectives of this Institution: “The bank ...
* 1946 Natural gas services (later privatized in 1992) * 1947
Telephone network A telephone network is a telecommunications network that connects telephones, which allows telephone calls between two or more parties, as well as newer features such as fax and internet. The idea was revolutionized in the 1920s, as more and mor ...
(later privatized in 1990) * 1947 Radio networks (later privatized between 1980 and 1993) * 1948
Rail transport Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prep ...
(privatized between 1991 and 1999) * 1959
Oil reserves An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturate ...
(the state oil enterprise, YPF, had been established in 1922; mineral resources were nationalized with Article 40 of the 1949 Constitution; the latter was abrogated in 1956, but oil was renationalized in 1958 and private firms operated afterward via leases) * 1949 Port administration (privatized in 1992) * 1949 Merchant marine (privatized in 1991) * 1951 LR3 TV Canal 7 (the first and only existing television network in the country at the time; despite not being founded by the state itself, it began as a state-owned venture. It was briefly privatized in 1954 and renationalized in 1955) * 1952
Buenos Aires Metro The Buenos Aires Underground ( es, Subterráneo de Buenos Aires, links=no), locally known as Subte (), is a rapid transit system that serves the area of the city of Buenos Aires, Argentina. The first section of this network (Plaza de Mayo–Pla ...
(operations privatized in 1994) * 1958
Electric utilities An electric utility is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major p ...
(privatized in 1992) * 1974
Television networks A television network or television broadcaster is a telecommunications network for distribution of television program content, where a central operation provides programming to many television stations or pay television providers. Until the mid- ...
(privatized between 1982 and 1998) * 1980
Austral Líneas Aéreas Cielos del Sur S.A., operating as Austral Líneas Aéreas, more commonly known by its shortened name Austral, was a domestic airline of Argentina, the sister company of Aerolíneas Argentinas. It was the second-largest domestic scheduled airlin ...
(privatized in 1987, renationalized in 2008) * 2003
Postal service The mail or post is a system for physically transporting postcards, letters, and parcels. A postal service can be private or public, though many governments place restrictions on private systems. Since the mid-19th century, national postal syst ...
renationalized (state-owned between 1949 and 1997) * 2006 AySA, the water utility serving
Buenos Aires Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South ...
(its state-owned precursor, OSN, was established in 1912 and privatized in 1993) * 2008
Aerolíneas Argentinas Aerolíneas Argentinas, formally Aerolíneas Argentinas S.A., is Argentina's largest airline and the country flag carrier. The airline was created in 1949 from the merger of four companies and started operations in . A consortium led by Iberia ...
renationalized (state-owned between 1949 and 1990) * 2008
Pension fund A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and priva ...
s (transferred to ANSES) * 2010 FAdeA (state-owned between 1927 and 1995) * 2012 YPF renationalized (state-owned between 1922 and 1993) * 2013 Metrogas (part of the ''Gas del Estado'' state-owned enterprise privatized in 1992) * 2015
Rail transport Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prep ...
(renationalization of commuter lines began under the auspices of SOFSE in 2013)


Australia

*1946 The
South Australian Government The Government of South Australia, also referred to as the South Australian Government, SA Government or more formally, His Majesty’s Government, is the Australian state democratic administrative authority of South Australia. It is modelled o ...
nationalised the Adelaide Electricity Supply Company into the Electricity Trust of South Australia *1948 The government attempted to nationalize the
banking industry {{set category, first= industries (branches of an economy), alternative=industries, topic=Industry (economics) For other meanings of "industries", see :Industries. ...
, but the act was declared unconstitutional by the
High Court of Australia The High Court of Australia is Australia's apex court. It exercises original and appellate jurisdiction on matters specified within Australia's Constitution. The High Court was established following passage of the '' Judiciary Act 1903''. ...
in the case ''
Bank of New South Wales v Commonwealth ''Bank of New South Wales v The Commonwealth'', also known as the Bank Nationalisation Case, is a decision of the High Court of Australia. that dealt with the constitutional requirements for property to be acquired on "just terms",(xxxi) "The ...
''.The Constitutional Centre of Western Australia , The Role of The High Court
/ref>


Bahrain

*1975-1980 Nationalisation in three steps of
Bahrain Petroleum Company The Bahrain Petroleum Company (BAPCO) is an integrated national oil company of Bahrain. History The BAPCO was established in 1929 in Canada by Standard Oil Company of California for oil exploration activities in Bahrain. It took over Bahra ...
, originally founded in
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by to ...
in
1929 This year marked the end of a period known in American history as the Roaring Twenties after the Wall Street Crash of 1929 ushered in a worldwide Great Depression. In the Americas, an agreement was brokered to end the Cristero War, a Catholic ...
by
Standard Oil of California Standard may refer to: Symbols * Colours, standards and guidons, kinds of military signs * Standard (emblem), a type of a large symbol or emblem used for identification Norms, conventions or requirements * Standard (metrology), an object t ...
. The company had found oil in
Bahrain Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and a ...
in
1932 Events January * January 4 – The British authorities in India arrest and intern Mahatma Gandhi and Vallabhbhai Patel. * January 9 – Sakuradamon Incident: Korean nationalist Lee Bong-chang fails in his effort to assassinate Emperor Hir ...
and was wholly nationalized 48 years later.


Bangladesh

*1971 The
State Bank of Bangladesh State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * '' Our ...
was founded by nationalization of the private shares in the eastern section of the
State Bank of Pakistan The State Bank of Pakistan (SBP) ( ur, ) is the Central Bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was Nationalized and ...
. *1972-1974 Through this three years period after independence of
Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mo ...
in
1971 * The year 1971 had three partial solar eclipses ( February 25, July 22 and August 20) and two total lunar eclipses ( February 10, and August 6). The world population increased by 2.1% this year, the highest increase in history. Events J ...
, the government had taken over 786 industrial undertakings. Included in this number, the government nationalized 245 enterprises in 11 industries: 76 jute mills, 52 textile mills, 30 textile tanneries, 17 engineering companies, 16 food producers, 15 sugar mills, 10 paper industry companies, 9 companies within the fertilizer, pharma and chemical industries, 8 steel companies, 6 oil and gas companies, and 6 forest industry undertakings. A further 375 state-owned enterprises had been founded in the same period, but 320 of them placed for later re-privatization to Bengali owners, of which 211 had been privatized by
1978 Events January * January 1 – Air India Flight 855, a Boeing 747 passenger jet, crashes off the coast of Bombay, killing 213. * January 5 – Bülent Ecevit, of CHP, forms the new government of Turkey (42nd government). * January 6 ...
. *1972 On March 26, 1972, the Government of Bangladesh formally took over all assets having belonged to (West) Pakistani citizens. Many enterprises expropriated 1971-1974 had been owned by West Pakistanis (citizens of present-day
Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
) who had fled the country during war and liberation. This included all jute exports and 6 private shipping companies. *1972 On March 26, 1972, the government nationalised 12 commercial banks belonging to both (West) Pakistani and Bangladeshi shareholders. *1975 A reversal of policies started, with large-scale divestment of state-owned enterprises and reimbursment of compensation to previous private owners. *1977 This year, a total of 371 of the previously nationalized enterprises, still remained under state ownership. Approximately 400 companies had been de-nationalised and transferred to private owners.


Bolivia

Most utilities were nationally owned before being privatized in 1994. * 2006 On May 1, 2006, newly elected
Bolivia , image_flag = Bandera de Bolivia (Estado).svg , flag_alt = Horizontal tricolor (red, yellow, and green from top to bottom) with the coat of arms of Bolivia in the center , flag_alt2 = 7 × 7 square p ...
n president
Evo Morales Juan Evo Morales Ayma (; born 26 October 1959) is a Bolivian politician, trade union organizer, and former cocalero activist who served as the 65th president of Bolivia from 2006 to 2019. Widely regarded as the country's first president to c ...
announced plans to nationalize the country's
natural gas industry The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest ...
; foreign-based companies were given six months to renegotiate their existing contracts. * 2008 On May 1, 2008, the nationalization of Bolivia's leading telecommunications company
Entel The ''Empresa Nacional de Telecomunicaciones'' (National Telecommunications Enterprise, or ENTel) was an Argentine state owned company which had the monopoly on public telecommunications in the country until its privatization in 1990. Overview It ...
was completed, previously having been owned by
Telecom Italia Gruppo TIM, legally TIM S.p.A. (formerly Telecom Italia S.p.A.), also known as the TIM Group in English, is an Italian telecommunications company with headquarters in Rome, Milan, and Naples, (with the Telecom Italia Tower) which provides fixed ...
. * 2010 On May 1, 2010, the government nationalized the country's main hydroelectric plant, thereby assuming control over most of Bolivia's electrical generation and end-user sales. * 2012 On May 1, 2012, the Morales government nationalized
power grid An electrical grid is an interconnected network for electricity delivery from producers to consumers. Electrical grids vary in size and can cover whole countries or continents. It consists of:Kaplan, S. M. (2009). Smart Grid. Electrical Power ...
operator ''Transportadora de Electricidad'' (''TDE''), until then 99.94% owned by
Red Eléctrica de España Red Eléctrica de España (; REE) is a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, where it operates the national power transmission system. It also holds assets in Peru, Chile ...
. TDE owns and runs 73% of the power lines in Bolivia.


Canada

* 1918
Canadian National Railway The Canadian National Railway Company (french: Compagnie des chemins de fer nationaux du Canada) is a Canadian Class I freight railway headquartered in Montreal, Quebec, which serves Canada and the Midwestern and Southern United States. CN i ...
s, created from several systems nationwide following their bankruptcy during and after World War I, and since privatised in 1995. (
Air Canada Air Canada is the flag carrier and the largest airline of Canada by the size and passengers carried. Air Canada maintains its headquarters in the borough of Saint-Laurent, Montreal, Quebec. The airline, founded in 1937, provides scheduled an ...
,
Canadian Broadcasting Corporation The Canadian Broadcasting Corporation (french: Société Radio-Canada), branded as CBC/Radio-Canada, is a Canadian public broadcaster for both radio and television. It is a federal Crown corporation that receives funding from the governmen ...
, Marine Atlantic and
Via Rail Via Rail Canada Inc. (), operating as Via Rail or Via, is a Canadian Crown corporation that is mandated to operate intercity passenger rail service in Canada. It receives an annual subsidy from Transport Canada to offset the cost of operating ...
(still government-owned) were all subsidiaries of the company at one time) * 1943
Eldorado Resources Eldorado Resources was a Canadian mining company active between 1926 and 1988. The company was originally established by brothers Charles and Gilbert LaBine as a gold mining enterprise in 1926, but transitioned to focus on radium in the 1930s an ...
, private radium and uranium mining company nationalized by the Canadian federal government after it was contracted to supply uranium for the
Manhattan Project The Manhattan Project was a research and development undertaking during World War II that produced the first nuclear weapons. It was led by the United States with the support of the United Kingdom and Canada. From 1942 to 1946, the project w ...
. Privatized after merging with the
Saskatchewan Mining Development Corporation The Saskatchewan Mining Development Corporation (SMDC) was a provincial crown corporation established in 1974 by the Government of Saskatchewan to manage the government's interests in exploration and mining in the province. It was active in the ex ...
to form Cameco in 1988. * 1944
Hydro-Québec Hydro-Québec is a public utility that manages the generation, transmission and distribution of electricity in the Canadian province of Quebec, as well as the export of power to portions of the Northeast United States. It was established by t ...
, first created through partial nationalisation of electricity concerns around
Montreal Montreal ( ; officially Montréal, ) is the second-most populous city in Canada and most populous city in the Canadian province of Quebec. Founded in 1642 as '' Ville-Marie'', or "City of Mary", it is named after Mount Royal, the triple- ...
in
Quebec Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirte ...
by the Liberal government of Adélard Godbout. During the
Quiet Revolution The Quiet Revolution (french: Révolution tranquille) was a period of intense socio-political and socio-cultural change in French Canada which started in Quebec after the election of 1960, characterized by the effective secularization of govern ...
of the early 1960s, the remaining 11 privately owned electricity companies in Quebec were nationalised by the Liberal government of
Jean Lesage Jean Lesage (; 10 June 1912 – 12 December 1980) was a Canadian lawyer and politician from Quebec. He served as the 19th premier of Quebec from 22 June 1960 to 16 June 1966. Alongside Georges-Émile Lapalme, René Lévesque and others, he is o ...
. * 1975
Potash Corporation of Saskatchewan The Potash Corporation of Saskatchewan, also known as PotashCorp, was a company based in Saskatoon, Saskatchewan. The company merged with Calgary-based Agrium to form Nutrien, in a transaction that closed on January 1, 2018. The company was t ...
,
Province of Saskatchewan Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on t ...
nationalised part of the potash industry. Many potash producers agreed to sell to the government instead of being nationalised.


Chile

* 1972 Chilean nationalization of copper mining industry, after a unanimous modification to the Constitution by the Chilean Congress on 11 July 1971, nationalising the operations of the US companies Anaconda, Kennecott, and Cerro. The act was carried out by the
Socialist Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the ...
government of
Salvador Allende Salvador Guillermo Allende Gossens (, , ; 26 June 1908 – 11 September 1973) was a Chilean physician and socialist politician who served as the 28th president of Chile from 3 November 1970 until his death on 11 September 1973. He was the fir ...
.


China

In the period of Republican China,
Sun Yat-sen Sun Yat-sen (; also known by several other names; 12 November 1866 – 12 March 1925)Singtao daily. Saturday edition. 23 October 2010. section A18. Sun Yat-sen Xinhai revolution 100th anniversary edition . was a Chinese politician who serve ...
had sweeping land reforms and nationalized many industries. The rise of the People's Republic of China under
Mao Zedong Mao Zedong pronounced ; also Romanization of Chinese, romanised traditionally as Mao Tse-tung. (26 December 1893 – 9 September 1976), also known as Chairman Mao, was a Chinese communist revolutionary who was the List of national founde ...
nationalized all private assets, restricted private ownership, even of land, and the state determined output and price levels. Some of these were reversed after
Deng Xiaoping Deng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese revolutionary leader, military commander and statesman who served as the paramount leader of the China, People's Republic of China (PRC) from December 1978 to November 1989. Aft ...
loosed restrictions in 1978, allowing private and foreign investment to enter the country. After the end of martial law period and democratization in Taiwan, the Republic of China began to privatize many government-owned assets, even those owned by the
Kuomintang The Kuomintang (KMT), also referred to as the Guomindang (GMD), the Nationalist Party of China (NPC) or the Chinese Nationalist Party (CNP), is a major political party in the Republic of China, initially on the Chinese mainland and in Ta ...
.


Colombia

* 1998
Granahorrar Bank Granahorrar Bank was a bank based in Colombia that was open from 1972 to 1998. When it was open, it was part of a business conglomerate called Grupo Grancolombiano. The conglomerate also owned Banco de Colombia ( Bancolombia), which is Colombia's l ...
nationalization


Croatia

On the
break-up of Yugoslavia The breakup of Yugoslavia occurred as a result of a series of political upheavals and conflicts during the early 1990s. After a period of political and economic crisis in the 1980s, constituent republics of the Socialist Federal Republic of Yu ...
, The HDZ government nationalized private agricultural property and rezoned it under the guise of forest statesmanship, when their publicly professed agenda was to only complete the nationalization of the communists. Much of this land is in the process of being reinstated and the model rethought.


Cuba

After the
Cuban Revolution The Cuban Revolution ( es, Revolución Cubana) was carried out after the 1952 Cuban coup d'état which placed Fulgencio Batista as head of state and the failed mass strike in opposition that followed. After failing to contest Batista in co ...
of 1959 the Castro government gradually expropriated all foreign-owned private companies, most of which were owned by American corporations and individuals. The immediate trigger was the refusal by American-owned oil refineries to refine the
crude oil Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude ...
received from the
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
. Faced with the prospect of no oil, Cuba nationalized the three American refineries. This action escalated the
US embargo on Cuba The United States embargo against Cuba prevents American businesses, and businesses organized under U.S. law or majority-owned by American citizens, from conducting trade with Cuban interests. It is the most enduring trade embargo in modern hist ...
, which responded by nationalizing all American owned property. Eventually all Cuban private property, largely owned by Cubans sympathetic to the Batista led dictatorship, was nationalized. Beginning in 1966, the Castro government nationalized all remaining privately owned businesses in Cuba, down to the level of
street vendors A hawker is a vendor of merchandise that can be easily transported; the term is roughly synonymous with costermonger or peddler. In most places where the term is used, a hawker sells inexpensive goods, handicrafts, or food items. Whether statio ...
. The process accelerated on March 14, 1968, with a new "revolutionary offensive." Castro had offered bonds at 4.5% interest over twenty years to U.S. companies, but U.S. ambassador
Philip Bonsal Philip Wilson Bonsal (May 22, 1903 – June 28, 1995) was an American career diplomat with the U.S. Department of State. A specialist in Latin American affairs, he served as United States Ambassador to Cuba from February 1959 until October 1960, ...
requested the compensation up front and rejected the offer. A minor amount of $1.3 million, was paid to U.S. interests before deteriorating relations ended all cooperation between the two governments. The U.S. established a registry of claims against the Cuban government, ultimately developing files on 5,911 specific companies. The Cuban government has refused to discuss the compensation of U.S. claims and the U.S. government continues to insist on compensation for U.S. companies.


Czechoslovakia

* 1945 Large manufacturing enterprise nationalized by the National Front government. * 1948 All manufacturing enterprises nationalized by
Klement Gottwald Klement Gottwald (; 23 November 1896 – 14 March 1953) was a Czech communist politician, who was the leader of the Communist Party of Czechoslovakia from 1929 until his death in 1953–titled as general secretary until 1945 and as chairman fro ...
's
Communist Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, ...
government after the
1948 Czechoslovak coup d'état In late February 1948, the Communist Party of Czechoslovakia, with Soviet backing, assumed undisputed control over the government of Czechoslovakia. It marked the onset of four decades of the party's rule in the country., sk, Február 1948) o ...
.


Egypt

* 1956 On July 26, 1956
Egypt Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a List of transcontinental countries, transcontinental country spanning the North Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via a land bridg ...
ian President
Gamal Abdel Nasser Gamal Abdel Nasser Hussein, . (15 January 1918 – 28 September 1970) was an Egyptian politician who served as the second president of Egypt from 1954 until his death in 1970. Nasser led the Egyptian revolution of 1952 and introduced far-r ...
nationalized Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to p ...
the
Suez Canal Company Suez ( ar, السويس '; ) is a seaport city (population of about 750,000 ) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same b ...
's assets in Egypt, including the
Suez Canal The Suez Canal ( arz, قَنَاةُ ٱلسُّوَيْسِ, ') is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia. The long canal is a popula ...
, and placed them under the control of the
Suez Canal Authority Suez Canal Authority (SCA) is an Egyptian state-owned authority which owns, operates and maintains the Suez Canal. It was set up by the Egyptian government to replace the Suez Canal Company in the 1950s which resulted in the Suez Crisis. After th ...
.


Finland

* 1993 A minor part of the banking sector is nationalized,
Omaisuudenhoitoyhtiö Arsenal Omaisuudenhoitoyhtiö Arsenal Oy ("Asset Management Corporation Arsenal") is a bad bank-type corporation founded by the Government of Finland for management of assets received as collateral from bad debt. Arsenal was founded after the early 1990s ...
was created to solve the banking crisis. *2015: Talvivaara Sotkamo Ltd which operated a nickel mine in
Sotkamo Sotkamo is a municipality of Finland, located in the Kainuu region about east of Kajaani, the capital of Kainuu. Vuokatti, in west of Sotkamo, is the most populous village in the municipality and also a popular skiing resort. Both Hiidenportti Nat ...
, went bankrupt in November 2014, and the Finnish state immediately took over the mine in order to stabilize the mine's operations in order to prevent environmental damage. Terrafame, which is wholly owned by the Finnish state, bought the mine from the bankruptcy estate for one euro in August 2015. Since then, efforts have been made to privatize the mine. The state's holding in November 2020 was still 71.2%.


France

Nationalisation dates back to the 'regies' or state monopolies organized under the ''
Ancien Régime ''Ancien'' may refer to * the French word for " ancient, old" ** Société des anciens textes français * the French for "former, senior" ** Virelai ancien ** Ancien Régime ** Ancien Régime in France {{disambig ...
'', for example, the monopoly on tobacco sales. Communications companies
France Telecom Orange S.A. (), formerly France Télécom S.A. (stylized as france telecom) is a French multinational telecommunications corporation. It has 266 million customers worldwide and employs 89,000 people in France, and 59,000 elsewhere. In 2015, ...
and La Poste are relics of the state postal and telecommunications monopolies. There was a major expansion of the nationalised sector following World War II.Myers (1949) A second wave followed in 1982. * 1938 Société Nationale des Chemins de Fer Français (
SNCF The Société nationale des chemins de fer français (; abbreviated as SNCF ; French for "National society of French railroads") is France's national state-owned railway company. Founded in 1938, it operates the country's national rail traffic ...
) (originally a 51% State holding, increased to 100% in 1982) * 1945 Several nationalisations in France, including most important banks (
Crédit lyonnais The Crédit Lyonnais (, "Lyon Credit ompany) was a major French bank, created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of the 20th cent ...
, le Comptoir national d'escompte de Paris and the
Société générale Société Générale S.A. (), colloquially known in English as SocGen (), is a French-based multinational financial services company founded in 1864, registered in downtown Paris and headquartered nearby in La Défense. Société Générale ...
among others), the schemes and companies comprising the insurance sector, and the car-maker
Renault Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured ...
. The firm was seized for Louis Renault's alleged collaboration with
Nazi Germany Nazi Germany (lit. "National Socialist State"), ' (lit. "Nazi State") for short; also ' (lit. "National Socialist Germany") (officially known as the German Reich from 1933 until 1943, and the Greater German Reich from 1943 to 1945) was ...
, although this condemnation was without judgement and after his death, making this case remarkable and rare. A later judgement (1949) admitted that Renault's plant never collaborated. Renault was successful and profitable whilst nationalised and remains successful today, after having been partially privatized in 1996. France increased its 15% minority share holding in Renault to 19% in 2015. * 1946 Charbonnages de France, Electricite de France (EdF),
Gaz de France Gaz de France (GDF) was a French company which produced, transported and sold natural gas around the world, especially in France, its main market. The company was also particularly active in Belgium, the United Kingdom, Germany, and other Europea ...
(GdF) nationalized as établissements public à caractère industriel et commercial * 1982
François Mitterrand François Marie Adrien Maurice Mitterrand (26 October 19168 January 1996) was President of France, serving under that position from 1981 to 1995, the longest time in office in the history of France. As First Secretary of the Socialist Party, he ...
's proposals in the
110 Propositions for France 110 Propositions for France (french: 110 Propositions pour la France) was the Socialist Party's program for the 1981 presidential election during which the Socialist Party's candidate, François Mitterrand, was elected by 51.76% of the people. Thi ...
and alliance with Jean-Pierre Chevènement's
Socialist Party Socialist Party is the name of many different political parties around the world. All of these parties claim to uphold some form of socialism, though they may have very different interpretations of what "socialism" means. Statistically, most of ...
faction CERES, committed France to an explicitly socialist ‘rupture with capitalism’. Full nationalisation (100%): the Compagnie Générale d'Electricité, the Compagnie Générale de Constructions Téléphoniques, Pechiney-Ugine-Kuhlmann,
Rhône-Poulenc Rhône-Poulenc () was a French chemical and pharmaceutical company founded in 1928. In 1999 it merged with Hoechst AG to form Aventis. As of 2015, the pharmaceutical operations of Rhône-Poulenc are part of Sanofi and the chemicals divisions a ...
, Saint-Gobain-Pont-à-Mousson, Thompson-Brandt. Partial nationalisation (51%+):
Dassault Dassault Group (; also GIM Dassault or Groupe Industriel Marcel Dassault SAS) is a French group of companies established in 1929 with the creation of Société des Avions Marcel Bloch (now Dassault Aviation) by Marcel Dassault, and led by son Ser ...
, Honeywell-Bull,
Matra Matra (an acronym for Mécanique Aviation Traction) was a French industrial conglomerate. During its years of operation, it was engaged in a wide range of business activities, primarily focused around automobiles, bicycles, aeronautics and wea ...
,
Roussel-Uclaf Roussel Uclaf S.A. was a French pharmaceutical company and one of several predecessor companies of today's Sanofi. It was the second largest French pharmaceutical company before it was acquired by Hoechst AG of Frankfurt, Germany in 1997, with ...
, Sacilor,
Usinor Usinor was a French steel making group formed in 1948. The group was merged with Sacilor in 1986, becoming Usinor-Sacilor and was privatised in 1995, and renamed Usinor in 1997. In 2001 it merged with Arbed (Luxembourg) and Aceralia (Spain) to fo ...
. Thirty-nine banks, two financial houses, and the remaining 49% of the SNCF were also nationalised, taking the size of the French state to unprecedented levels within a year of Mitterrand's
election An election is a formal group decision-making process by which a population chooses an individual or multiple individuals to hold public office. Elections have been the usual mechanism by which modern representative democracy has operat ...
as president in 1981. The Paris regional transport operator,
RATP Group RATP may refer to: Transportation: * RATP Group, or ', a public transport operator based in Paris, France * RATP Iași (), a transit operator responsible for public transportation in Iași, Romania * RATP Ploiești (), a transit operator respon ...
, can also be counted as a nationalised industry.


Germany

The
railways Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prep ...
were nationalised after World War I. Partial privatisation of
Deutsche Bahn The (; abbreviated as DB or DB AG) is the national railway company of Germany. Headquartered in the Bahntower in Berlin, it is a joint-stock company ( AG). The Federal Republic of Germany is its single shareholder. describes itself as the ...
was planned in 2008 but stopped due to the World Economic Crisis. As of 2020 there are no plans for privatisation. Large sections of the mining,
banking A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...
, and shipping industries either became dependent on government money or were placed entirely under care of the
Weimar Republic The Weimar Republic (german: link=no, Weimarer Republik ), officially named the German Reich, was the government of Germany from 1918 to 1933, during which it was a Constitutional republic, constitutional federal republic for the first time in ...
in the wake of the
Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...
; these were later reprivatized between 1934 and 1937 by the Nazi regime. In
Nazi Germany Nazi Germany (lit. "National Socialist State"), ' (lit. "Nazi State") for short; also ' (lit. "National Socialist Germany") (officially known as the German Reich from 1933 until 1943, and the Greater German Reich from 1943 to 1945) was ...
, private businessmen had the ability to influence government policy, and most of them remained committed to the principle of ''Gewerbefreiheit'' – business freedom – seeking to prevent any nationalization of industry. R. J. Overy, ''War and Economy in the Third Reich'', Oxford University Press, 1994, p. 16 Nevertheless, as the Nazi government confiscated the assets of conquered nations during World War II, over 500 state enterprises were expanded to absorb those assets, one of the largest being the Hermann Göring Works (iron), mostly operated by the
Nazi Party The Nazi Party, officially the National Socialist German Workers' Party (german: Nationalsozialistische Deutsche Arbeiterpartei or NSDAP), was a far-right political party in Germany active between 1920 and 1945 that created and supported t ...
apparatus. In
East Germany East Germany, officially the German Democratic Republic (GDR; german: Deutsche Demokratische Republik, , DDR, ), was a country that existed from its creation on 7 October 1949 until German reunification, its dissolution on 3 October 1990. In t ...
, most enterprises were nationalised in the years following World War II. After
German reunification German reunification (german: link=no, Deutsche Wiedervereinigung) was the process of re-establishing Germany as a united and fully sovereign state, which took place between 2 May 1989 and 15 March 1991. The day of 3 October 1990 when the Ge ...
, an agency called
Treuhand The ("Trust agency"), colloquially referred to as , was an agency established by the government of the German Democratic Republic to reprivatise/ privatise East German enterprises, Volkseigene Betriebe (VEBs), prior to German reunification. C ...
was established to return them to private ownership, however many were
liquidated Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are re ...
. * 2008 Renationalization of the "
Bundesdruckerei Bundesdruckerei ("Federal Press", short form: BDr) produces documents and devices for secure identification and offers corresponding services. It is based in the Berlin district of Kreuzberg. In addition to complete passport and ID card syste ...
" (Federal Print Office), which had been privatized in 2001. * 2022 Nationalised Gazprom Germania assets as
Securing Energy for Europe SEFE Securing Energy for Europe GmbH, a company registered in Berlin, Germany, is headquarters of a diversified conglomerate, comprises 40 entities operating in more than 20 countries in Europe, Asia and North America. Under the former name Gazprom ...


Greece

* 1974 Nationalization of
Olympic Airlines Olympic Airlines ( el, Ολυμπιακές Αερογραμμές, ''Olympiakés Aerogrammés'' – OA), formerly named Olympic Airways for at least four decades, was the flag carrier airline of Greece. The airline's head office was located ...
, main airline of Greece. Its founder,
Aristotle Onassis Aristotle Socrates Onassis (, ; el, Αριστοτέλης Ωνάσης, Aristotélis Onásis, ; 20 January 1906 – 15 March 1975), was a Greek-Argentinian shipping magnate who amassed the world's largest privately-owned shipping fleet and wa ...
, sold all his shares to the Greek state. * 2011 Proton Bank is effectively nationalized in the midst of the
Greek financial crisis Greece faced a sovereign debt crisis in the aftermath of the financial crisis of 2007–2008. Widely known in the country as The Crisis (Greek: Η Κρίση), it reached the populace as a series of sudden reforms and austerity measures that l ...


Guernsey

* 2003
Aurigny Air Services Aurigny Air Services Limited (pronounced ), commonly known as Aurigny, is the flag carrier airline of the Bailiwick of Guernsey with its head office next to Guernsey Airport in the Channel Islands, and wholly owned by the States of Guernsey ...
was bought by the
States of Guernsey The States of Guernsey (french: États de Guernesey), sometimes referred to as the Government of Guernsey, is the parliament and government of the British Crown dependency of Guernsey. Some laws and ordinances approved by the States of Guer ...
to keep important routes from the island to
London Gatwick Airport Gatwick Airport (), also known as London Gatwick , is a major international airport near Crawley, West Sussex, England, south of Central London. In 2021, Gatwick was the third-busiest airport by total passenger traffic in the UK, after Hea ...
.


Iceland

* 2008 Renationalization of Iceland's largest
commercial bank A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with ...
s: Kaupþing,
Landsbanki Landsbanki (literally "national bank"), also commonly known as Landsbankinn (literally "the national bank") which is now the name of the current rebuilt bank (here called "New Landsbanki"), was one of the largest Icelandic commercial banks that f ...
, Glitnir and Icebank. * 2009 Nationalization of
Straumur Investment Bank ALMC hf., formerly Straumur Investment Bank hf. ( is, Straumur Fjárfestingabanki), is a regional investment bank headquartered in Reykjavík, Iceland. Founded in 1986 as ''Hlutabréfasjóðurinn'' and rebranded as Straumur in 2004, the bank i ...
and the
savings bank A savings bank is a financial institution whose primary purpose is accepting savings deposits and paying interest on those deposits. They originated in Europe during the 18th century with the aim of providing access to savings products to al ...
SPRON.


India

* 1949 (1 January)
Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible f ...
nationalised. The
Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible f ...
was state-owned at the time of Indian independence. * 1953
Air India Air India is the flag carrier airline of India, headquartered at New Delhi. It is owned by Talace Private Limited, a Special-Purpose Vehicle (SPV) of Tata Sons, after Air India Limited's former owner, the Government of India, completed the ...
under the Air Corporations Act 1953. * 1955 Imperial Bank of India and its subsidiaries (
State Bank of India State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 49th largest bank in the world by total assets and ranked 221st in the '' Fort ...
and its subsidiaries) * 1969 Nationalization of 14 Indian banks. * 1972 Nationalisation and restructuring of 107 insurance companies under the General Insurance Corporation of India. * 1973
Coal industry Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead ...
under
Coal India Limited Coal India Limited (CIL) is an Indian central public sector undertaking under the ownership of the Ministry of Coal, Government of India. It is headquartered at Kolkata. It is the ''largest government-owned-coal-producer'' in the world. It is ...
and the
oil and gas industry The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The larges ...
under the
Oil and Natural Gas Corporation The Oil and Natural Gas Corporation (ONGC) is a central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. ONGC was founded on 14 August 1956 by the ...
. * 1980 Another six banks nationalized.


Indonesia

* 1953
Bank of Java The Bank of Java (DJB, for ) was a note-issuing bank in the Dutch East Indies, founded in 1828 and nationalized in 1951 by the government of Indonesia to become the newly independent country’s central bank, later renamed Bank Indonesia. For m ...
nationalized, after nationalization this bank became
Bank Indonesia Bank Indonesia (BI) is the central bank of the Republic of Indonesia. It replaced in 1953 the Bank of Java ( nl, De Javasche Bank, DJB), which had been created in 1828 to serve the financial needs of the Dutch East Indies. History Bank of Ja ...
* 1957 During the height of
Western New Guinea dispute The West New Guinea dispute (1950–1962), also known as the West Irian dispute, was a diplomatic and political conflict between the Netherlands and Indonesia over the territory of Dutch New Guinea. While the Netherlands had ceded sovereignty ov ...
, Dutch companies were nationalized. * 1964 During the height of Konfrontasi, British companies were nationalized. * 1998 Four banks nationalized during
financial crisis A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and man ...
(
Bank Danamon PT Bank Danamon Indonesia Tbk is an Indonesian bank established in 1956. It is the sixth largest bank of Indonesia by asset size. History Bank Danamon was established on July 16, 1956, as PT Bank Kopra Indonesia. In 1976, the bank's name was c ...
, Bank BCA, Bank Tiara Asia, and Bank PDFCI).


Iran

* 1953
Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...
ian Prime Minister
Mohammed Mossadegh Mohammad Mosaddegh ( fa, محمد مصدق, ; 16 June 1882 – 5 March 1967) was an Iranian politician, author, and lawyer who served as the 35th Prime Minister of Iran from 1951 to 1953, after appointment by the 16th Majlis. He was a member of ...
nationalized the
Anglo-Iranian Oil Company The Anglo-Persian Oil Company (APOC) was a British company founded in 1909 following the discovery of a large oil field in Masjed Soleiman, Persia (Iran). The British government purchased 51% of the company in 1914, gaining a controlling number ...
in Iran. After the
1953 Iranian coup d'état The 1953 Iranian coup d'état, known in Iran as the 28 Mordad coup d'état ( fa, کودتای ۲۸ مرداد), was the overthrow of the democratically elected Prime Minister Mohammad Mosaddegh in favor of strengthening the monarchical rule of ...
it was reprivatized as an international
consortium A consortium (plural: consortia) is an association of two or more individuals, companies, organizations or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources ...
eventually known as the " Seven Sisters." * 1953
Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...
ian Prime Minister
Mohammed Mossadegh Mohammad Mosaddegh ( fa, محمد مصدق, ; 16 June 1882 – 5 March 1967) was an Iranian politician, author, and lawyer who served as the 35th Prime Minister of Iran from 1951 to 1953, after appointment by the 16th Majlis. He was a member of ...
nationalized all buses in Iran.


Ireland

Railways were nationalised in the 1940s as Córas Iompair Éireann. * 2007 On August 3, 2007, the Irish government were offered a stake in
Eircom Eircom Limited, trading as Eir ( ; stylised eir), is a large fixed, mobile and broadband telecommunications company in Ireland. The now privatised company, which is currently incorporated in Jersey, traces its origins to the Ireland's former ...
's copper network infrastructure.Eircom and State in broadband swap?
/ref> Ireland's telephone networks were privatised in 1999. * 2009 On January 16, 2009, the Irish Government nationalised
Anglo Irish Bank Anglo Irish Bank was an Irish bank headquartered in Dublin from 1964 to 2011. It began to wind down after nationalisation in 2009. In July 2011 Anglo Irish merged with the Irish Nationwide Building Society, forming a new company named the Iri ...
to secure the bank's viability.Government nationalises 'fragile' Anglo Irish Bank
/ref> * 2010 State-owned
Anglo Irish Bank Anglo Irish Bank was an Irish bank headquartered in Dublin from 1964 to 2011. It began to wind down after nationalisation in 2009. In July 2011 Anglo Irish merged with the Irish Nationwide Building Society, forming a new company named the Iri ...
is to take majority control of one of Ireland's largest companies QUINN group bringing it under Public ownership.Anglo Irish Bank's €700m Quinn plan
/ref>


Israel

* 1983 Nationalization of the major banks:
Bank Hapoalim Bank Hapoalim ( he, בנק הפועלים lit. ''The Workers' Bank'') is one of Israel's largest banks. History The bank was established in 1921 by the '' Histadrut'', the Israeli trade union congress (lit. "General Federation of Laborers in the ...
,
Bank Leumi Bank Leumi ( he, בנק לאומי, lit. ''National Bank''; ar, بنك لئومي) is an Israeli bank. It was founded on February 27, 1902, in Jaffa as the ''Anglo Palestine Company'' as subsidiary of the Jewish Colonial Trust (Jüdische Kolonia ...
,
Discount Bank Discount may refer to: Arts and entertainment *Discount (band), punk rock band that formed in Vero Beach, Florida in 1995 and disbanded in 2000 * ''Discount'' (film), French comedy-drama film * "Discounts" (song), 2020 single by American rapper Cu ...
, Mezrachi Bank due to the Bank stock crisis that struck in 1983.


Italy

* 1905 The railways were nationalised as
Ferrovie dello Stato Ferrovie dello Stato Italiane S.p.A. ( "Italian Railways of the State"; previously only Ferrovie dello Stato, hence the abbreviation FS) is Italy's national state-owned railway holding company that manages transport, infrastructure, real estat ...
. * 1978 The formation of the National Health Service provided free healthcare to all citizens, still some private spending but 77% is public. The regime of
Benito Mussolini Benito Amilcare Andrea Mussolini (; 29 July 188328 April 1945) was an Italian politician and journalist who founded and led the National Fascist Party. He was Prime Minister of Italy from the March on Rome in 1922 until his deposition in ...
extended nationalisation, creating the
Istituto per la Ricostruzione Industriale The Istituto per la Ricostruzione Industriale (IRI; English: "Institute for Industrial Reconstruction") was an Italian public holding company established in 1933 by the Fascist regime to rescue, restructure and finance banks and private companies ...
(IRI) as a State holding company for struggling firms, including the car maker
Alfa Romeo Alfa Romeo Automobiles S.p.A. () is an Italian luxury car manufacturer and a subsidiary of Stellantis. The company was founded on 24 June 1910, in Milan, Italy. "Alfa" is an acronym of its founding name, "Anonima Lombarda Fabbrica Automobili." "A ...
. A parallel body, Ente Nazionale Idrocarburi (
Eni Eni S.p.A. () is an Italian multinational energy company headquartered in Rome. Considered one of the seven "supermajor" oil companies in the world, it has operations in 69 countries with a market capitalization of US$54.08 billion, as of 11 Ap ...
) was set up to manage State oil and gas interests. Fascist Italy had nationalized over three-quarters of its economy by 1939, more so than any nation other than the
Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
. Mussolini had earlier boasted in 1934 that “Three-fourths of Italian economy, industrial and agricultural, is in the hands of the state." By 1939 the Italian state had taken over four-fifths of Italy's shipping and shipbuilding, three-fourths of pig iron production, and nearly half of the steel industry.


Japan

* 1906
Railway Nationalization Act The brought many of Japan's private railway lines under national control. The 22nd Diet of Japan passed the bill on March 27, 1906 and Emperor Meiji signed on March 30, 1906. The promulgation of the act on the Official Gazette occurred the next d ...
of nationalized 17 railway companies to form the nationwide railway network that was later called
Japanese National Railways The abbreviated JNR or , was the business entity that operated Japan's national railway network from 1949 to 1987. Network Railways As of June 1, 1949, the date of establishment of JNR, it operated of narrow gauge () railways in all 46 pre ...
. * 2003
Resona Holdings () is the holding company of , the fifth-largest banking group in Japan as of 2012. It is headquartered in the Kiba area of Koto, Tokyo. The main operating entities of the group are Resona Bank, a nationwide corporate and retail bank headqu ...
was effectively nationalized after the bank's capital adequacy went too low. * 2010
Japan Airlines , also known as JAL (''Jaru'') or , is an international airline and Japan's flag carrier and largest airline as of 2021 and 2022, headquartered in Shinagawa, Tokyo. Its main hubs are Tokyo's Narita International Airport and Haneda Airport, as w ...
was nationalized after its bankruptcy. * 2012
Tokyo Electric Power Company , also known as or TEPCO, is a Japanese electric utility holding company servicing Japan's Kantō region, Yamanashi Prefecture, and the eastern portion of Shizuoka Prefecture. This area includes Tokyo. Its headquarters are located in Uchisaiw ...
was partially nationalized by the
Tokyo Metropolis Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.468 ...
after the
Fukushima Daiichi nuclear disaster The was a nuclear accident in 2011 at the Fukushima Daiichi Nuclear Power Plant in Ōkuma, Fukushima, Japan. The proximate cause of the disaster was the 2011 Tōhoku earthquake and tsunami, which occurred on the afternoon of 11 March 2011 ...
.


Korea

* 1946 USAMGIK nationalized all railroad companies in southern Korea and made Department of Transportation. This now becomes
Korail The Korea Railroad Corporation ( Korean: 한국철도공사, Hanja: ), branded as KORAIL (코레일, officially changed to in November 2019), is the national railway operator in South Korea. Currently, KORAIL is a public corporation, manag ...
. Many lands, enterprises and industries were also nationalized by the
Soviet Civil Administration The Soviet Civil Administration (SCA) was the government of the northern half of Korea from 24 August 1945 to 9 September 1948 though governed concurrently after the setup of the Provisional People's Committee for North Korea in 1946. Even thoug ...
and the Worker's Party-dominated
provisional government A provisional government, also called an interim government, an emergency government, or a transitional government, is an emergency governmental authority set up to manage a political transition generally in the cases of a newly formed state or ...
in northern Korea after World War II, which later became the
Democratic People's Republic of Korea North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korean Peninsula and shares borders with China and Russia to the north, at the Yalu (Amnok) and T ...
in 1948.


Lithuania

In 2011
Snoras Bankas Snoras AB or simply SNORAS (, ) was a commercial bank, founded in Lithuania operating in all three Baltic states. It was a member of the financial group Konversbank and was listed on the NASDAQ OMX Vilnius stock exchange. On November 16, ...
bank was nationalized.


Latvia

In 2008
Parex Bank Parex Bank was a Latvian bank founded in 1992 by Valērijs Kargins and as a privately owned full-service banking company in Riga, Latvia that was very dominant in currency exchange in the 1990s. It had local and international clients in both t ...
was nationalized.


Malta

* 1974
Bank of Valletta Bank of Valletta plc (BOV) is a Maltese bank and financial services company headquartered in Santa Venera. It is the oldest established financial services provider in Malta and one of the largest. As of 2014, the bank had 44 branches, 6 regio ...
is founded following nationalisation of the
National Bank of Malta The Central Bank of Malta ( mt, Bank Ċentrali ta’ Malta) is the central bank of the Republic of Malta. It was established on 17 April 1968. In May 2004, when Malta joined the European Union, it became an integral part of the European Syst ...


Mexico

* 1938 The Expropriation of the Petroleum Industry: President
Lázaro Cárdenas Lázaro Cárdenas del Río (; 21 May 1895 – 19 October 1970) was a Mexican army officer and politician who served as president of Mexico from 1934 to 1940. Born in Jiquilpan, Michoacán, to a working-class family, Cárdenas joined the Me ...
issued a decree that the petroleum companies were in rebellion against the government and under the powers granted him under the Expropriation Act passed by the
Congress of Mexico The Congress of the Union ( es, Congreso de la Unión, ), formally known as the General Congress of the United Mexican States (''Congreso General de los Estados Unidos Mexicanos''), is the legislature of the federal government of Mexico cons ...
in late 1936 expropriated them. March 19, 1938, union personnel took control of the properties, eventually reorganizing it as
Pemex Pemex (a portmanteau of Petróleos Mexicanos, which translates to ''Mexican Petroleum'' in English; ) is the Mexican state-owned petroleum company managed and operated by the Mexican government. It was formed in 1938 by nationalization and expr ...
. * 1960 President
Adolfo López Mateos Adolfo López Mateos (; 26 May 1909 – 22 September 1969) was a Mexican politician who served as President of Mexico from 1958 to 1964. Beginning his political career as a campaign aide of José Vasconcelos during his run for president, Ló ...
nationalized Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to p ...
the
electrical system Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by ...
on September 21, 1960, under the
Comisión Federal de Electricidad The Comisión Federal de Electricidad ( en, Federal Electricity Commission) is the state-owned electric utility of Mexico, widely known as CFE. It is the country's dominant electric company, and the country's second most powerful state-owned comp ...
(CFE). President
Carlos Salinas de Gortari Carlos Salinas de Gortari CYC DMN (; born 3 April 1948) is a Mexican economist and politician who served as 60th president of Mexico from 1988 to 1994. Affiliated with the Institutional Revolutionary Party (PRI), earlier in his career he wor ...
reprivatized the system in 1992, although the state-owned CFE remains influential. * 1982 The nationalization of the Mexican
banking system A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becaus ...
made by
President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...
José López Portillo José Guillermo Abel López Portillo y Pacheco (; 16 June 1920 – 17 February 2004) was a Mexican writer, lawyer and politician affiliated with the Institutional Revolutionary Party (PRI) who served as the 58th president of Mexico from 1976 t ...
in response to the
debt crisis Debt crisis is a situation in which a government (nation, state/province, county, or city etc.) loses the ability of paying back its governmental debt. When the expenditures of a government are more than its tax revenues for a prolonged period, th ...
. Under the
Carlos Salinas de Gortari Carlos Salinas de Gortari CYC DMN (; born 3 April 1948) is a Mexican economist and politician who served as 60th president of Mexico from 1988 to 1994. Affiliated with the Institutional Revolutionary Party (PRI), earlier in his career he wor ...
presidency (1988–1994) the nationalized banks were
privatized Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...
very rapidly between 1991 and 1992 to Mexican family groups.


Nepal

* 1951 The government after a revolution nationalized private and communal
forest A forest is an area of land dominated by trees. Hundreds of definitions of forest are used throughout the world, incorporating factors such as tree density, tree height, land use, legal standing, and ecological function. The United Nations' ...
s throughout the country.


The Netherlands

* 2008 The state nationalizes the Dutch activities of Belgian-Dutch banking and insurance company Fortis, which had come in solvability problems due to the international
financial crisis A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and man ...
. * 2013 SNS Bank is nationalized. It had been in trouble for more than a year, not able to find a private investor. On February 1, 2013, Jeroen Dijselbloem ( Dutch Minister of Finance) declares SNS nationalized.


New Zealand

*1945 The
Bank of New Zealand Bank of New Zealand (BNZ) is one of New Zealand's big four banks and has been operating in the country since the first office was opened in Auckland in October 1861 followed shortly after by the first branch in Dunedin in December 1861. The ...
was nationalised. It was later sold to the
National Australia Bank National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-la ...
in 1992. * 2001 Government purchased the
Auckland Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The most populous urban area in the country and the fifth largest city in Oceania, Auckland has an urban population of about I ...
railway network from
Tranz Rail Tranz Rail, formally Tranz Rail Holdings Limited (New Zealand Rail Limited until 1995), was the main rail operator in New Zealand from 1991 until it was purchased by Toll Holdings in 2003. History The New Zealand railway network was initially ...
. * 2003 The Labour Government took an 80% stake in near-bankrupt national air carrier
Air New Zealand Air New Zealand Limited () is the flag carrier airline of New Zealand. Based in Auckland, the airline operates scheduled passenger flights to 20 domestic and 30 international destinations in 18 countries, primarily around and within the Pacif ...
in exchange for a large financial infusion. * 2004 The rest of the country's rail network is purchased from
Toll New Zealand Toll Domestic Forwarding (TDF) is a division of the Toll Group specialising in freight forwarding by road, rail and sea within and between Australia and New Zealand. Toll is Australia’s largest mover of freight. Toll New Zealand is New ...
, formerly Tranz Rail. A new
state owned enterprise A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government ...
,
ONTRACK KiwiRail Holdings Limited is a New Zealand state-owned enterprise responsible for rail operations in New Zealand, and operates inter-island ferries. Trading as KiwiRail and headquartered in Wellington, New Zealand, KiwiRail is the largest rail ...
, was established to maintain the rail infrastructure. * 2008 The
rolling stock The term rolling stock in the rail transport industry refers to railway vehicles, including both powered and unpowered vehicles: for example, locomotives, freight and passenger cars (or coaches), and non-revenue cars. Passenger vehicles ca ...
and ferries of Toll New Zealand was purchased, bringing the rail system under state ownership, renamed
KiwiRail KiwiRail Holdings Limited is a New Zealand state-owned enterprise responsible for rail operations in New Zealand, and operates inter-island ferries. Trading as KiwiRail and headquartered in Wellington, New Zealand, KiwiRail is the largest rail ...
.


Pakistan

* 1972: On January 2, 1972,
Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is ...
Zulfiqar Ali Bhutto Zulfikar (or Zulfiqar) Ali Bhutto ( ur, , sd, ذوالفقار علي ڀٽو; 5 January 1928 – 4 April 1979), also known as Quaid-e-Awam ("the People's Leader"), was a Pakistani barrister, politician and statesman who served as the fourth ...
, after
East Pakistan East Pakistan was a Pakistani province established in 1955 by the One Unit Policy, renaming the province as such from East Bengal, which, in modern times, is split between India and Bangladesh. Its land borders were with India and Myanmar, wit ...
broke away, announced the nationalisation of all major industries, including iron and steel, heavy engineering, heavy electricals, petrochemicals, cement and public utilities except textiles industry and lands. The process was effectively ended after the overthrow of Prime Minister Bhutto in
Operation Fair Play Operation Fair Play was the code name for the 5 July 1977 coup by Pakistan Chief of Army Staff General Muhammad Zia-ul-Haq, overthrowing the government of Prime Minister Zulfikar Ali Bhutto. The coup itself was bloodless, and was preceded by ...
. *2011: On December 15, 2011,
Prime minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is ...
Yousaf Raza Gilani Yusuf Raza Gilani (Urdu Urdu (;"Urdu"
'' PIA,
Railways Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prep ...
, and
Steel Mills A steel mill or steelworks is an industrial plant for the manufacture of steel. It may be an integrated steel works carrying out all steps of steelmaking from smelting iron ore to rolled product, but may also be a plant where steel semi-finished ...
, in order to protect capital flight of the state-owned enterprises. Pakistan Railways as well as
Pakistan International Airlines Pakistan International Airlines ( ur, ; abbreviated PIA, ur, ) is an international airline that serves as the national flag carrier of Pakistan under the administrative control of the Aviation Secretary of Pakistan, Secretary to the Governme ...
. The current nationalization programme remains intact to restructured and made profitable while remaining within government ownership.


Philippines

During the term of
Philippine The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
President
Ferdinand Marcos Ferdinand Emmanuel Edralin Marcos Sr. ( , , ; September 11, 1917 – September 28, 1989) was a Filipino politician, lawyer, dictator, and kleptocrat who was the 10th president of the Philippines from 1965 to 1986. He ruled under martial ...
, important companies such as
Philippine Long Distance Telephone Company The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
(PLDT),
Philippine Airlines Philippine Airlines (PAL), a trade name of PAL Holdings, Inc. (Philippine Stock Exchange, PSEPAL (Philippine Air Lines until 1970), is the flag carrier airline of the Philippines. Headquartered at the Philippine National Bank, PNB Financial Cen ...
,
Meralco The Manila Electric Company (), also known as Meralco (, ), is an electric power distribution company in the Philippines. It is Metro Manila's only electric power distributor and holds the power distribution franchise for 22 cities and 89 munic ...
and the
Manila Hotel The Manila Hotel is a 550-room, historic five-star hotel located along Manila Bay in Manila, Philippines.
were nationalized. Other companies were sometimes absorbed into these government-owned corporations, as well as other companies, such as
National Power Corporation The National Power Corporation ( fil, Pambansang Korporasyon sa Elektrisidad, also known as Napocor, NPC or National Power), is a Philippine government-owned and controlled corporation that is mandated to provide electricity to all rural areas o ...
(Napocor) and the
Philippine National Railways The Philippine National Railways (PNR) ( fil, Pambansang Daang-Bakal ng Pilipinas and es, Ferrocarril Nacional de Filipinas) is a state-owned railway company in the Philippines which operates one commuter rail service between Metro Manila a ...
, which in their own right are
monopolies A monopoly (from Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a speci ...
(exceptions are Meralco and the
Manila Hotel The Manila Hotel is a 550-room, historic five-star hotel located along Manila Bay in Manila, Philippines.
). Today, these companies have been reprivatized and some, such as PLDT and Philippine Airlines, have been de-monopolized. Others, like
government-owned and controlled corporation In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service In ...
Napocor, are in the process of privatization.


Poland

*1946: Following World War II the Soviet-sponsored
Provisional Government of National Unity The Provisional Government of National Unity ( pl, Tymczasowy Rząd Jedności Narodowej - TRJN) was a puppet government formed by the decree of the State National Council () on 28 June 1945 as a result of reshuffling the Soviet-backed Provisio ...
nationalized all enterprises with over 50 employees under the Three-Year Plan.


Portugal

* 1974 In the years following the
Carnation Revolution The Carnation Revolution ( pt, Revolução dos Cravos), also known as the 25 April ( pt, 25 de Abril, links=no), was a military coup by left-leaning military officers that overthrew the authoritarian Estado Novo regime on 25 April 1974 in Lisbo ...
, the
Junta de Salvação Nacional The National Salvation Junta ( pt, Junta de Salvação Nacional, ) was a group of military officers designated to maintain the government of Portugal in April 1974 after the Carnation Revolution had overthrown the '' Estado Novo'' dictatorial ...
and
Provisional Governments A provisional government, also called an interim government, an emergency government, or a transitional government, is an emergency governmental authority set up to manage a political transition generally in the cases of a newly formed state or f ...
nationalized all the banking, insurance, petrol and industrial companies. Among those companies were
Companhia União Fabril The Companhia União Fabril (CUF) was one of the largest and oldest Portuguese conglomerates from the 1930s to 1974 and later a chemical corporation which was by then a part of Grupo José de Mello founded in 1988. After many acquisitions, mergers ...
(CUF), the assets of the Champalimaud family and
SONAE Sonae is a multinational business group based in Maia, Porto District, Portugal. It is present in 90 countries, operating in several sectors, including retail, financial services, shopping centres management, software and information systems, ...
. Along with the telecommunications companies, which were state-owned even before the Revolution, many of the nationalized companies were reprivatized in the 1980s and 1990s. In the
agricultural sector The primary sector of the economy includes any industry involved in the extraction and production of raw materials, such as farming, logging, fishing, forestry and mining. The primary sector tends to make up a larger portion of the economy in de ...
, according to government estimates, about of agricultural land were occupied between April 1974 and December 1975 in the name of land reform; about 32% of the occupations were ruled illegal. In January 1976, the government pledged to restore the illegally occupied land to its owners, and in 1977, it promulgated the Land Reform Review Law. Restoration of illegally occupied land began in 1978. * 2008: BPN - Banco Português de Negócios bank nationalised to prevent its collapse.


Romania

* 1948 With the Decree 119 of June 11, 1948, the new
Communist regime A communist state, also known as a Marxist–Leninist state, is a one-party state that is administered and governed by a communist party guided by Marxism–Leninism. Marxism–Leninism was the state ideology of the Soviet Union, the Cominte ...
nationalised all private companies and their assets leading to the transformation of the economy from a
market economy A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers ...
to a
planned economy A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, ...
. * 1950 With the Decree 92 of April 19, 1950, a huge number of private houses and lands are confiscated.


Russia/Soviet Union

* 1918 All manufacturing enterprises, many retailing enterprises, any private enterprises, the whole banking sector, agrarian sector, transportation sector, mining sector, and others nationalized by the new
Russian Soviet Federative Socialist Republic The Russian Soviet Federative Socialist Republic, Russian SFSR or RSFSR ( rus, Российская Советская Федеративная Социалистическая Республика, Rossíyskaya Sovétskaya Federatívnaya Soci ...
under
War Communism War communism or military communism (russian: Военный коммунизм, ''Voyennyy kommunizm'') was the economic and political system that existed in Soviet Russia during the Russian Civil War from 1918 to 1921. According to Soviet histo ...
. Later the government of
Vladimir Lenin Vladimir Ilyich Ulyanov. ( 1870 – 21 January 1924), better known as Vladimir Lenin,. was a Russian revolutionary, politician, and political theorist. He served as the first and founding head of government of Soviet Russia from 1917 to 1 ...
introduced the
New Economic Policy The New Economic Policy (NEP) () was an economic policy of the Soviet Union proposed by Vladimir Lenin in 1921 as a temporary expedient. Lenin characterized the NEP in 1922 as an economic system that would include "a free market and capitalism, ...
that shifted the country somewhat towards market economics until the end of the revolutionary period and
Joseph Stalin Joseph Vissarionovich Stalin (born Ioseb Besarionis dze Jughashvili; – 5 March 1953) was a Georgian revolutionary and Soviet Union, Soviet political leader who led the Soviet Union from 1924 until his death in 1953. He held power as Ge ...
's acquisition of power. * 1998 The Yeltsin government began seizing
Gazprom PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the large ...
assets, claiming that the company owed
back taxes Back taxes is a term for taxes that were not completely paid when due. Typically, these are taxes that are owed from a previous year. Causes for back taxes include failure to pay taxes by the deadline, failure to correctly report one's income, or ...
. Privatization of
Gazprom PJSC Gazprom ( rus, Газпром, , ɡɐzˈprom) is a Russian majority state-owned multinational energy corporation headquartered in the Lakhta Center in Saint Petersburg. As of 2019, with sales over $120 billion, it was ranked as the large ...
from the mid-1990s had been reduced to 38.37% with the intention of achieving full
privatization Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...
. However, the stake of the
Russian Government The Government of Russia exercises executive power in the Russian Federation. The members of the government are the prime minister, the deputy prime ministers, and the federal ministers. It has its legal basis in the Constitution of the Russ ...
in Gazprom has since been increased to 50% with
Vladimir Putin Vladimir Vladimirovich Putin; (born 7 October 1952) is a Russian politician and former intelligence officer who holds the office of president of Russia. Putin has served continuously as president or prime minister since 1999: as prime min ...
's plan to increase the stake to a controlling position. Gazprom is also buying up both Russian and other international utility companies. * 2013 The space industry is renationalized. The
government A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government i ...
created a new corporation— United Rocket and Space Corporation—in August 2013 because of a string of recent rocket launch failures. According to
Deputy Prime Minister A deputy prime minister or vice prime minister is, in some countries, a government minister who can take the position of acting prime minister when the prime minister is temporarily absent. The position is often likened to that of a vice president, ...
Dmitry Rogozin Dmitry Olegovich Rogozin (russian: link=no, Дми́трий Оле́гович Рого́зин; born 21 December 1963) is a Russian politician who served as director general of Roscosmos from 2018 to July 2022. He previously served as deputy ...
, "The failure-prone space sector is so troubled that it needs state supervision to overcome its problems."


Saudi Arabia

* The government nationalized the oil producer company
Aramco Saudi Aramco ( ar, أرامكو السعودية '), officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company) or simply Aramco, is a Saudi Arabian public petroleum and natural gas company based in Dhahran. , it is one of ...
in 1980.


Spain

* 1927-1930 Petroleum industry was nationalised. * 1941
Railways Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prep ...
were nationalised, as RENFE, by the Francoist state in the aftermath of the
Spanish Civil War The Spanish Civil War ( es, Guerra Civil Española)) or The Revolution ( es, La Revolución, link=no) among Nationalists, the Fourth Carlist War ( es, Cuarta Guerra Carlista, link=no) among Carlism, Carlists, and The Rebellion ( es, La Rebeli ...
. * 1944. Nationalization of the Airline
Iberia The Iberian Peninsula (), ** * Aragonese language, Aragonese and Occitan language, Occitan: ''Peninsula Iberica'' ** ** * french: Péninsule Ibérique * mwl, Península Eibérica * eu, Iberiar penintsula also known as Iberia, is a pe ...
under the
Instituto Nacional de Industria Instituto Nacional de Industria (INI, National Institute of Industry) was a Spanish state-owned financing and industrial holding company established in Francoist Spain for the development of industry and social control. It was succeeded by the So ...
. * 1945. The State buys a 79% share of telephone operator
Telefónica Telefónica, S.A. () is a Spanish multinational telecommunications company headquartered in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadba ...
. * 1983 Nationalization without compensation of
Rumasa José María Ruiz-Mateos Sociedad Anónima (Rumasa) was a holding company founded by Spanish entrepreneur José María Ruiz Mateos and expropriated by the Spanish government on February 23, 1983. In 1982 Rumasa constituted 2% of the Spanish
.


Sri Lanka

* 1 November 1957
Katunayake air base Bandaranaike International Airport (BIA) ( si, බණ්ඩාරනායක ජාත්‍යන්තර ගුවන්තොටුපළ, translit=Bandāranāyaka Jātyantara Guvantoṭupaḷa; ta, பண்டாரநாயக்க � ...
and Trincomalee naval base taken from the British. * 1 January 1958 Bus transport nationalised, creating the
Ceylon Transport Board The Sri Lanka Transport Board (Sinhala language, Sinhala: ශ්‍රී ලංකා ගමනාගමන මණ්ඩලය ''Shri Lanka Gamanāgamana Mandalaya'')(formerly: Ceylon Transport Board, CTB) is a bus service provider in Sri Lanka. ...
. * 1 August 1958
Port of Colombo The Port of Colombo (known as Port of Kolomtota during the early 14th Century Kotte Kingdom) is the largest and busiest port in Sri Lanka and the Indian Ocean. Located in Colombo, on the southwestern shores on the Kelani River, it serves as an ...
nationalised, creating the
Port (Cargo) Corporation Sri Lanka Ports Authority (SLPA) is the state-owned operator of major commercial ports in Sri Lanka. Founded in 1979, SLPA currently operates ports in Colombo, Galle, Hambantota, Kankesanthurai, Oluvil, Point Pedro and Trincomalee. As of 31 March ...
. * 14 January 1961 Private schools nationalised. * 27 July 1961
Bank of Ceylon Bank of Ceylon (BOC; Sinhala: ලංකා බැංකුව ''Lanka Bænkuwa'', Tamil: இலங்கை வங்கி ''Ilangai Vangi'') is a state-owned, major commercial bank in Sri Lanka. Its head office is located in an iconic cy ...
nationalised. * 1961 Insurance industry nationalised, creating the Sri Lanka Insurance Corporation. * 1961 American and British oil companies nationalised, creating Ceylon Petroleum Corporation. * 1971 Graphite mines nationalised, creating the State Graphite Corporation. Partially privatised in the 1990s. * 1972 Locally owned tea, rubber and coconut plantations nationalised. * 23 July 1973
Associated Newspapers of Ceylon Limited Associated Newspapers of Ceylon Limited (ANCL), also known as Lake House. It publishes three daily, three weekend, five weekly, two monthly and three annual publications in Sinhala, English and Tamil. Associated Newspapers of Ceylon Limited i ...
nationalised. * 1975 Foreign owned plantations nationalised. * August 1977 Times of Ceylon Limited nationalised. * 2009
Seylan Bank Seylan Bank PLC ( si, සෙලාන් බැංකුව, ''Selan Bænkuwa'') is a publicly owned Commercial Bank in Sri Lanka. It has branches both in urban as well as rural areas of Sri Lanka. Seylan bank had 167 banking centres island wide ...
nationalised to prevent its collapse. * 2011 The Expropriation Act passed. The government will take over "underperforming or underutilized assets of 37 enterprises".


Sweden

* 1939-1948 Nationalisation of most of the private railway companies. * 1957 The mining company
LKAB Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a government owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern Sweden. The company was established in 1890, and has been 100% state-owned since the 195 ...
is nationalized. The state had owned 50% of the corporation's shares, with options to buy the remainder, since 1907.A Historic Journey
Luossavaara-Kiirunavaara Aktiebolag, April 2006
* 1970s The Swedish government nationalised the
pharmacies Pharmacy is the science and practice of discovering, producing, preparing, dispensing, reviewing and monitoring medications, aiming to ensure the safe, effective, and affordable use of medicines. It is a miscellaneous science as it links healt ...
, where the state-owned Apoteksbolaget AB was given a retail monopoly. * 1992 A minor part of the banking sector is nationalized.Stopping a Financial Crisis, the Swedish Way
/ref>


Tanzania

* 1967 The
Arusha Declaration The Arusha Declaration ( sw, Azimio la Arusha) and TANU’s Policy on Socialism and Self Reliance (1967), referred to as the Arusha Declaration, is known as Tanzania’s most prominent political statement of African Socialism, ‘Ujamaa’, or ...
was proclaimed in 1967 by President
Julius Nyerere Julius Kambarage Nyerere (; 13 April 1922 – 14 October 1999) was a Tanzanian anti-colonial activist, politician, and political theorist. He governed Tanganyika as prime minister from 1961 to 1962 and then as president from 1962 to 1964, af ...
, which aimed to achieve self-reliance through nationalising key sectors of the economy such as banks, large industries and plantations were therefore nationalised. This failed, worsening Tanzania's economic problems until foreign aid and liberalisation took effect in the 1980s and 1990s.


Turkey

* 1928-1940 After the abolition of
Capitulations of the Ottoman Empire Capitulations of the Ottoman Empire were contracts between the Ottoman Empire and other powers in Europe, particularly France. Turkish capitulations, or Ahidnâmes were generally bilateral acts whereby definite arrangements were entered int ...
by the
Treaty of Lausanne (1923) The Treaty of Lausanne (french: Traité de Lausanne) was a peace treaty negotiated during the Lausanne Conference of 1922–23 and signed in the Palais de Rumine, Lausanne, Switzerland, on 24 July 1923. The treaty officially settled the confl ...
, foreign concessions were suppressed,
rail transport Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prep ...
,
electric power generation Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery (transmission, distribution, etc.) to end users or its storag ...
and
distribution Distribution may refer to: Mathematics * Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations *Probability distribution, the probability of a particular value or value range of a vari ...
,
telephone network A telephone network is a telecommunications network that connects telephones, which allows telephone calls between two or more parties, as well as newer features such as fax and internet. The idea was revolutionized in the 1920s, as more and mor ...
and other big industrial firms were nationalized by Turkish government between 1928 and 1940.


United Kingdom

* 1858
British East India Company The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and South ...
-In the aftermath of the
Indian Rebellion The Indian Rebellion of 1857 was a major uprising in India in 1857–58 against Company rule in India, the rule of the East India Company, British East India Company, which functioned as a sovereign power on behalf of the The Crown, British ...
, under the provisions of the
Government of India Act 1858 The Government of India Act 1858 was an Act of the Parliament of the United Kingdom (21 & 22 Vict. c. 106) passed on 2 August 1858. Its provisions called for the liquidation of the British East India Company (who had up to this point been ruling ...
, the British Government nationalised the East India Company. * 1868 Nationalisation of inland telegraphs under the
General Post Office The General Post Office (GPO) was the state postal system and telecommunications carrier of the United Kingdom until 1969. Before the Acts of Union 1707, it was the postal system of the Kingdom of England, established by Charles II in 1660. ...
with the
Telegraph Act 1868 The Telegraph Act 1868 (31 & 32 Vict. c.110) was an Act of the Parliament of the United Kingdom. It paved the way for the British state to take over telegraph companies and/or their operations. It has been effectively repealed (only s.1, provi ...
. * 1875
Suez Canal Company Suez ( ar, السويس '; ) is a seaport city (population of about 750,000 ) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same b ...
- The Egyptian share in the company was bought by the government. * 1912 Nationalisation of
National Telephone Company The National Telephone Company (NTC) was a British telephone company from 1881 until 1911 which brought together smaller local companies in the early years of the telephone. Under the Telephone Transfer Act 1911 it was taken over by the General P ...
under the GPO, apart from
Portsmouth Portsmouth ( ) is a port and city in the ceremonial county of Hampshire in southern England. The city of Portsmouth has been a unitary authority since 1 April 1997 and is administered by Portsmouth City Council. Portsmouth is the most d ...
and
Hull Hull may refer to: Structures * Chassis, of an armored fighting vehicle * Fuselage, of an aircraft * Hull (botany), the outer covering of seeds * Hull (watercraft), the body or frame of a ship * Submarine hull Mathematics * Affine hull, in affi ...
. The Portsmouth telephone service was nationalised the following year. * 1916 Liquor Trade - The nationalisation of pubs and breweries in
Carlisle Carlisle ( , ; from xcb, Caer Luel) is a city that lies within the Northern English county of Cumbria, south of the Scottish border at the confluence of the rivers Eden, Caldew and Petteril. It is the administrative centre of the City ...
, Gretna,
Cromarty Cromarty (; gd, Cromba, ) is a town, civil parish and former royal burgh in Ross and Cromarty, in the Highland area of Scotland. Situated at the tip of the Black Isle on the southern shore of the mouth of Cromarty Firth, it is seaward from ...
and
Enfield Enfield may refer to: Places Australia * Enfield, New South Wales * Enfield, South Australia ** Electoral district of Enfield, a state electoral district in South Australia, corresponding to the suburb ** Enfield High School (South Australia) ...
under the
State Management Scheme The State Management Scheme was the nationalisation of the brewing, distribution and sale of liquor in three districts of the United Kingdom from 1916 until 1973. The main focus of the scheme, now commonly known as the Carlisle Experiment, was C ...
; mainly an attempt to restricting alcohol consumption by armaments factory workers. The scheme was
privatised Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...
by asset transfer in 1973.http://www.historytoday.com/dt_main_allatonce.asp?gid=9859&g9859=x&g9857=x&g30026=x&g20991=x&g21010=x&g19965=x&g19963=x&amid=9859 * 1926
Central Electricity Board The United Kingdom Central Electricity Board (CEB) was established by the Electricity (Supply) Act 1926. It had the duty to supply electricity to authorised electricity undertakers, to determine which power stations would be 'selected' stations ...
introduced under
Electricity (Supply) Act 1926 The Electricity (Supply) Act 1926 (16 & 17 Geo. 5. c. 51) was an Act of the Parliament of the United Kingdom which amended the law on the supply of electricity. Its long title is: ‘An Act to amend the law with respect to the supply of electricit ...
established the National Grid and set up a national standard for electricity supply. * 1927
British Broadcasting Company The British Broadcasting Company Ltd. (BBC) was a short-lived British commercial broadcasting company formed on 18 October 1922 by British and American electrical companies doing business in the United Kingdom. Licensed by the British General ...
(a privately owned company) became the
British Broadcasting Corporation #REDIRECT BBC #REDIRECT BBC Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board exam. ...
...
( BBC), a public corporation operating under a
Royal Charter A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, b ...
. * 1933 London Transport * 1938 Nationalisation of UK Coal Royalties under the Coal Commission by the
Coal Act 1938 The Coal Act 1938 (C.52) was an Act of the Parliament of the United Kingdom that created the Coal Commission. Criticized for its inconsistencies, the Act was repealed, by degrees, over the next several decades. Act The main purpose of the Act ...
.SN 1825 -Nationalisation of the UK Coal Royalties, 1938 : Compensation Payments
/ref> * 1939
British Overseas Airways Corporation British Overseas Airways Corporation (BOAC) was the British state-owned airline created in 1939 by the merger of Imperial Airways and British Airways Ltd. It continued operating overseas services throughout World War II. After the pass ...
(BOAC), later
British Airways British Airways (BA) is the flag carrier airline of the United Kingdom. It is headquartered in London, England, near its main hub at Heathrow Airport. The airline is the second largest UK-based carrier, based on fleet size and passengers ...
- combining the private
British Airways Ltd British Airways Ltd was a British airline company operating in Europe in the period 1935–1939. It was formed in 1935 by the merger of Spartan Air Lines Ltd, United Airways Ltd (no relation to the US carrier United Airlines), and Hillman's A ...
and the state owned
Imperial Airways Imperial Airways was the early British commercial long-range airline, operating from 1924 to 1939 and principally serving the British Empire routes to South Africa, India, Australia and the Far East, including Malaya and Hong Kong. Passengers ...
and placing its control under
National Air Communications National Air Communications was a British government organisation that directed civilian flying operations from the outbreak of World War II until April 1940. Pre-war preparations During the 1930s, and up to 1938, the British government progre ...
. * 1939-45 During World War II, much of British industry was subjected to close regulation or control, although not nationalised as such. * 1943 North of Scotland Hydro-Electricity Board * 1945-51 The Labour Party comes to power in the
Attlee ministry Clement Attlee was invited by King George VI to form the Attlee ministry in the United Kingdom in July 1945, succeeding Winston Churchill as Prime Minister of the United Kingdom. The Labour Party had won a landslide victory at the 1945 gen ...
with a program for nationalising weak sectors of the economy. * 1946 Coal industry under the
National Coal Board The National Coal Board (NCB) was the statutory corporation created to run the nationalised coal mining industry in the United Kingdom. Set up under the Coal Industry Nationalisation Act 1946, it took over the United Kingdom's collieries on "ve ...
with the
Coal Industry Nationalisation Act 1946 The Coal Industry Nationalisation Act of 1946 (9 & 10 Geo. 6 c. 59) was an Act of the Parliament of the United Kingdom which nationalised, or brought into state control, the coal industry in the United Kingdom. It established the National Coal B ...
. * 1946
Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government o ...
- its private shareholders who were bought out by the state. * 1946
National Health Service The National Health Service (NHS) is the umbrella term for the publicly funded healthcare systems of the United Kingdom (UK). Since 1948, they have been funded out of general taxation. There are three systems which are referred to using the " ...
created taking over hospitals and making medical services free by the
National Health Service Act 1946 The National Health Service Act 1946c 81 came into effect on 5 July 1948 and created the National Health Service in England and Wales thus being the first implementation of the Beveridge model. Though the title 'National Health Service' implies a ...
. * 1947
Central Electricity Generating Board The Central Electricity Generating Board (CEGB) was responsible for electricity generation, transmission and bulk sales in England and Wales from 1958 until privatisation of the electricity industry in the 1990s. It was established on 1 Janu ...
and area electricity boards. Privatized in the 1990s.Brady, ''Crisis in Britain '' pp 132-8 * 1947 Cable & Wireless Ltd - the latter had had private shareholders who were bought out by the state. * 1948
National rail National Rail (NR) is the trading name licensed for use by the Rail Delivery Group, an unincorporated association whose membership consists of the passenger train operating companies (TOCs) of England, Scotland, and Wales. The TOCs run the ...
, inland (not marine) water transport, some road haulage, some road passenger transport and
Thomas Cook & Son Thomas Cook & Son, originally simply Thomas Cook, was a company founded by Thomas Cook, a cabinet-maker, in 1841 to carry temperance supporters by railway between the cities of Leicester, Nottingham, Derby and Birmingham. In 1851, Cook arrange ...
under the
British Transport Commission The British Transport Commission (BTC) was created by Clement Attlee's post-war Labour government as a part of its nationalisation programme, to oversee railways, canals and road freight transport in Great Britain (Northern Ireland had the se ...
. Separate elements operated as
British Rail British Railways (BR), which from 1965 traded as British Rail, was a state-owned company that operated most of the overground rail transport in Great Britain from 1948 to 1997. It was formed from the nationalisation of the Big Four (British ra ...
ways,
British Road Services The National Freight Corporation was a major British transport business between 1948 and 2000. It was listed on the London Stock Exchange and at one time, as NFC plc, was a constituent of the FTSE 100 Index. History The company was established ...
, and
British Waterways British Waterways, often shortened to BW, was a statutory corporation wholly owned by the government of the United Kingdom. It served as the navigation authority for the majority of canals and a number of rivers and docks in England, Scotlan ...
. * 1949
Gas Act 1948 The Gas Act 1948 (11 & 12 Geo. 6. c. 67) was an Act of the Parliament of the United Kingdom which nationalised, or bought into state control, the gas making and supply industry in Great Britain. It established 12 Area Gas Boards to own and ope ...
nationalises local authority and private gas supply undertakings in England, Scotland and Wales * 1951 Iron and Steel Industry under the Iron and Steel Corporation of Great Britain (denationalised by Conservative Government in 1955) * 1967
British Steel Corporation British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, ...
Re-nationalized (Reprivatized by the Conservative Government in September 1988) * 1969 National Bus Company, combining former interests of the
British Transport Commission The British Transport Commission (BTC) was created by Clement Attlee's post-war Labour government as a part of its nationalisation programme, to oversee railways, canals and road freight transport in Great Britain (Northern Ireland had the se ...
with others acquired from the
British Electric Traction British Electric Traction Company Limited, renamed BET plc in 1985, was a large British industrial conglomerate. It was once a constituent of the FTSE 100 Index but was acquired by Rentokil in 1996, and the merged company is now known as Rento ...
group. * 1969
Post Office A post office is a public facility and a retailer that provides mail services, such as accepting letters and parcels, providing post office boxes, and selling postage stamps, packaging, and stationery. Post offices may offer additional se ...
Corporation created by the
Post Office Act 1969 The Post Office Act 1969 (c.48) is an act of the Parliament of the United Kingdom that changed the General Post Office from a department of state to a public corporation, known as the Post Office. It also abolished the office of Postmaster Gener ...
. * 1971 Rolls-Royce (1971) Ltd - The strategically important
aero-engine An aircraft engine, often referred to as an aero engine, is the power component of an aircraft propulsion system. Most aircraft engines are either piston engines or gas turbines, although a few have been rocket powered and in recent years ma ...
part of the recently bankrupt
Rolls-Royce Limited Rolls-Royce was a British luxury car and later an aero-engine manufacturing business established in 1904 in Manchester by the partnership of Charles Rolls and Henry Royce. Building on Royce's good reputation established with his cranes, they ...
. * 1973
Water Act 1973 The Water Act 1973 (1973 c.37) is an Act of the Parliament of the United Kingdom that reorganised the water, sewage and river management industry in England and Wales. Water supply and sewage disposal were removed from local authority control, ...
nationalises local authority water supply undertakings in
England and Wales England and Wales () is one of the three legal jurisdictions of the United Kingdom. It covers the constituent countries England and Wales and was formed by the Laws in Wales Acts 1535 and 1542. The substantive law of the jurisdiction is En ...
* 1973 British Gas Corporation created, replacing regional gas boards. * 1974 British Petroleum - the combination of a 50% stake bought by
Winston Churchill Sir Winston Leonard Spencer Churchill (30 November 187424 January 1965) was a British statesman, soldier, and writer who served as Prime Minister of the United Kingdom twice, from 1940 to 1945 during the Second World War, and again from ...
as
First Lord of the Admiralty The First Lord of the Admiralty, or formally the Office of the First Lord of the Admiralty, was the political head of the English and later British Royal Navy. He was the government's senior adviser on all naval affairs, responsible for the di ...
after World War I with around a 25% stake acquired by the
Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government o ...
from
Burmah Oil The Burmah Oil Company was a leading British oil company which was once a constituent of the FTSE 100 Index. In 1966, Castrol was acquired by Burmah, which was renamed "Burmah-Castrol". BP Amoco (now BP) purchased the company in 2000. Histo ...
made the government directly or indirectly BP's majority shareholder, though commercial independence was maintained. The shares were all sold during the 1980s. * 1975
National Enterprise Board The National Enterprise Board (NEB) was a United Kingdom government body. It was set up in 1975 by the Labour government of Harold Wilson, to support the government's interventionist approach to industry. In 1981 the Conservative government of Ma ...
- a State holding company for full or partial ownership of industrial undertakings * 1976
British Leyland British Leyland was an automotive engineering and manufacturing conglomerate formed in the United Kingdom in 1968 as British Leyland Motor Corporation Ltd (BLMC), following the merger of Leyland Motors and British Motor Holdings. It was partly ...
Motor Corporation - became ''British Leyland'' upon nationalization under the
National Enterprise Board The National Enterprise Board (NEB) was a United Kingdom government body. It was set up in 1975 by the Labour government of Harold Wilson, to support the government's interventionist approach to industry. In 1981 the Conservative government of Ma ...
. Later became known simply as the holding company "BL Ltd", it was later reorganised into several standalone businesses - the best known being Austin Rover,
Leyland Trucks Leyland Trucks is a medium- and heavy-duty truck manufacturer based in Leyland, Lancashire, England. It can trace its origins back to the original Leyland Motors, which was founded in 1896, and subsequently evolved into British Leyland. Aft ...
,
Freight Rover Freight Rover was a British commercial vehicle manufacturer based in the Washwood Heath area of Birmingham, England. History Freight Rover was created as a division of the Land Rover Group of British Leyland (BL) in 1981, creating a new singl ...
,
Land Rover Land Rover is a British brand of predominantly four-wheel drive, off-road capable vehicles, owned by multinational car manufacturer Jaguar Land Rover (JLR), since 2008 a subsidiary of India's Tata Motors. JLR currently builds Land Rove ...
and
Jaguar The jaguar (''Panthera onca'') is a large cat species and the only living member of the genus ''Panthera'' native to the Americas. With a body length of up to and a weight of up to , it is the largest cat species in the Americas and the th ...
. * 1977
British Aerospace British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. Formed in 1977, in 1999 it purchased Marconi ...
- combining the major aircraft companies
British Aircraft Corporation The British Aircraft Corporation (BAC) was a British aircraft manufacturer formed from the government-pressured merger of English Electric Aviation Ltd., Vickers-Armstrongs (Aircraft), the Bristol Aeroplane Company and Hunting Aircraft in 19 ...
,
Hawker Siddeley Hawker Siddeley was a group of British manufacturing companies engaged in aircraft production. Hawker Siddeley combined the legacies of several British aircraft manufacturers, emerging through a series of mergers and acquisitions as one of onl ...
and others.
British Shipbuilders British Shipbuilders (BS) was a public corporation that owned and managed the shipbuilding industry in Great Britain from 1977 through the 1980s. Its head office was at Benton House in Newcastle upon Tyne, England. History The corporation was ...
- combining the major shipbuilding companies including
Cammell Laird Cammell Laird is a British shipbuilding company. It was formed from the merger of Laird Brothers of Birkenhead and Johnson Cammell & Co of Sheffield at the turn of the twentieth century. The company also built railway rolling stock until 1929, ...
,
Govan Shipbuilders Govan Shipbuilders Ltd (GSL) was a British shipbuilding company based on the River Clyde at Glasgow in Scotland. It operated the former Fairfield Shipyard and took its name from the Govan area in which it was located. History The company wa ...
,
Swan Hunter Swan Hunter, formerly known as Swan Hunter & Wigham Richardson, is a shipbuilding design, engineering, and management company, based in Wallsend, Tyne and Wear, England. At its apex, the company represented the combined forces of three powe ...
, Yarrow Shipbuilders under the
Aircraft and Shipbuilding Industries Act 1977 The Aircraft and Shipbuilding Industries Act 1977 is an Act of the Parliament of the United Kingdom that nationalised large parts of the UK aerospace and shipbuilding industries and established two corporations, British Aerospace and British S ...
. * 1981
British Telecom BT Group plc (trading as BT and formerly British Telecom) is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, b ...
(later styled as BT) created, taking control of telecommunications services from
Post Office Telecommunications Post Office Telecommunications was set up as a separate department of the UK Post Office, in October 1969. The Post Office Act 1969 was passed to provide for greater efficiency in post and telephone services; rather than run a range of services, ...
under the
British Telecommunications Act 1981 The British Telecommunications Act 1981 (1981 c.38) is an act of the Parliament of the United Kingdom that transferred the state-owned telephone network from the Post office to a new statutory corporation, British Telecommunications, branded ...
. * 1984
Johnson Matthey Bankers Johnson Matthey is a British multinational speciality chemicals and sustainable technologies company headquartered in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Early year ...
- purchased for a nominal sum of £1 by the Thatcher government"What was the last nationalisation?", ''BBC News'', 18 February 2008
/ref> on fears of a banking crisis and sold to
Westpac Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, ...
in 1986. * 1990 The Caledonian Steam Packet Co. spun off its ferry arm,
Caledonian MacBrayne Caledonian MacBrayne ( gd, Caledonian Mac a' Bhriuthainn), usually shortened to CalMac, is the major operator of passenger and vehicle ferries, and ferry services, between the mainland of Scotland and 22 of the major islands on Scotland's west ...
, with all shares in the new company being purchased by the
Secretary of State for Scotland The secretary of state for Scotland ( gd, Rùnaire Stàite na h-Alba; sco, Secretar o State fir Scotland), also referred to as the Scottish secretary, is a Secretary of State (United Kingdom), secretary of state in the Government of the Unit ...
. Since
Scottish devolution Devolution is the process in which the central British parliament grants administrative powers (excluding principally reserved matters) to the devolved Scottish Parliament. Prior to the advent of devolution, some had argued for a Scottish ...
Caledonian MacBrayne has been owned by the Scottish Government. * 1997
Docklands Light Railway The Docklands Light Railway (DLR) is an automated light metro system serving the redeveloped Docklands area of London, England and provides a direct connection between London's two major financial districts, Canary Wharf and the City of Lo ...
-
John Prescott John Leslie Prescott, Baron Prescott (born 31 May 1938) is a British politician who served as Deputy Prime Minister of the United Kingdom from 1997 to 2007 and as First Secretary of State from 2001 to 2007. A member of the Labour Party, he w ...
announced to the 1997 Labour Party Conference that he had nationalised this, although it was already in public hands anyway. * 2001
Railtrack Railtrack was a group of companies that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from 1994 until 2002. It was created as part of the privatisation of ...
- The owner and operator of the railway infrastructure, Railtrack, was not nationalised as such. However, its replacement
Network Rail Network Rail Limited is the owner (via its subsidiary Network Rail Infrastructure Limited, which was known as Railtrack plc before 2002) and infrastructure manager of most of the railway network in Great Britain. Network Rail is an "arm's len ...
, whilst not a state-owned company, had no shareholders ''(
company limited by guarantee In British, Australian, Bermudian, Hong Kong and Irish company law (and previously New Zealand), a company limited by guarantee (CLG) is a type of corporation used primarily (but not exclusively) for non-profit organisations that require legal pe ...
)'' and was underwritten by the state. Prior to this the government began to make use of a residual shareholding of 0.2% (including voting rights) in Railtrack Group Plc left over from the original sale.House of Commons Hansard Written Answers for 12 February 2002 (pt 16)
/ref> * 2003 The
Strategic Rail Authority The Strategic Rail Authority (SRA) was a non-departmental public body in the United Kingdom set up under the Transport Act 2000 to provide strategic direction for the railway industry. Its motto was 'Britain's railway, properly delivered'. I ...
took control of the South Eastern franchise after the failure of the private operator
Connex South Eastern Connex South Eastern was a train operating company in the United Kingdom owned by Connex that operated the South Eastern franchise from October 1996 until November 2003. History On 13 October 1996 Connex commenced operating the South Easter ...
. The franchise was re-privatised in 2006 as part of the Integrated Kent franchise. * 2008
Northern Rock Northern Rock, formerly the Northern Rock Building Society, was a British bank. Based at Regent Centre in Newcastle upon Tyne, United Kingdom, Northern Rock was originally a building society. It demutualised and became Northern Rock bank i ...
-
Nationalization Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to p ...
announced by
Alistair Darling Alistair Maclean Darling, Baron Darling of Roulanish, (born 28 November 1953) is a British politician who served as Chancellor of the Exchequer under Prime Minister Gordon Brown from 2007 to 2010. A member of the Labour Party, he was a Member ...
,
Chancellor of the Exchequer The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of HM Treasury, His Majesty's Treasury. As one of the four Great Offices of State, the Ch ...
on 17 February 2008 as 'a temporary measure'. The bank will be run at 'arm's length' as a commercial business and sold to a private buyer in the future. * 2008
Bradford & Bingley Bradford & Bingley plc was a British bank with headquarters in the West Yorkshire town of Bingley. The bank was formed in December 2000 by demutualisation of the Bradford & Bingley Building Society following a vote of the building society's mem ...
(mortgage book only) - announced by
Alistair Darling Alistair Maclean Darling, Baron Darling of Roulanish, (born 28 November 1953) is a British politician who served as Chancellor of the Exchequer under Prime Minister Gordon Brown from 2007 to 2010. A member of the Labour Party, he was a Member ...
,
Chancellor of the Exchequer The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of HM Treasury, His Majesty's Treasury. As one of the four Great Offices of State, the Ch ...
on 29 September 2008. The loans part of the company was nationalised, while the commercial bank was sold. * 2008 In October, the
Royal Bank of Scotland The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster B ...
, and the newly merged
HBOS HBOS plc was a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland plc, which operated the Ba ...
-
Lloyds TSB Lloyds Bank plc is a British retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the " Big Four" clearing banks. Lloyds Bank is the largest retail bank in Britain, and has an exte ...
was partly nationalised. The Government took approximately 60% of RBS (later increased to 70%, then 80%) and 40% of HBOS-Lloyds TSB as part of the £500bn bank rescue package. The Lloyds Bank and TSB businesses were operationally demerged in 2013 in preparation for a full demerger and reprivatisation. * 2009 In June the
Department for Transport The Department for Transport (DfT) is a department of His Majesty's Government responsible for the English transport network and a limited number of transport matters in Scotland, Wales and Northern Ireland that have not been devolved. The ...
took control of
London & Continental Railways London and Continental Railways (LCR) is a property development company owned by the Government of the United Kingdom for developing former railway land. The company was originally established in 1994 as a private consortium to own European Pa ...
. * 2009 On 13 November, Directly Operated Railways, a government company, took over the
InterCity East Coast InterCity East Coast is a railway franchise for passenger trains on the East Coast Main Line in the United Kingdom from London King's Cross to Hull, Leeds, Bradford, Harrogate, Newcastle, Edinburgh, Glasgow, Inverness and Aberdeen. It wa ...
franchise that
National Express East Coast National Express East Coast (NXEC) was a train operating company in the United Kingdom, owned by National Express, that operated the InterCity East Coast franchise on the East Coast Main Line between London, Yorkshire, North East England and ...
had been awarded in 2007 with £1.4 billion premium to be paid over seven years. The nationalised service operated as East Coast and included services from
London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
to
Leeds Leeds () is a city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the third-largest settlement (by popul ...
and
Edinburgh Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian ...
. It returned to the private sector in April 2015 with
Virgin Trains East Coast Virgin Trains East Coast (VTEC) (legal name East Coast Main Line Company Limited) was a train operating company in the United Kingdom that operated the InterCity East Coast franchise on the East Coast Main Line between London, Yorkshire, the N ...
* 2013
Cardiff Airport Cardiff Airport ( cy, Maes Awyr Caerdydd) is the only airport offering commercial passenger services in Wales. It has been under the ownership of the Welsh Government since March 2013, operating at an arm's length as a commercial business. ...
was purchased by the
Welsh Government The Welsh Government ( cy, Llywodraeth Cymru) is the Welsh devolution, devolved government of Wales. The government consists of ministers and Minister (government), deputy ministers, and also of a Counsel General for Wales, counsel general. Minist ...
from its private owners for £52 million. * 2013 In December it was acknowledged that
Network Rail Network Rail Limited is the owner (via its subsidiary Network Rail Infrastructure Limited, which was known as Railtrack plc before 2002) and infrastructure manager of most of the railway network in Great Britain. Network Rail is an "arm's len ...
would be reclassified as a "public sector body" in 2014 with its financial liabilities now formally included as part of the
national debt A country's gross government debt (also called public debt, or sovereign debt) is the financial liabilities of the government sector. Changes in government debt over time reflect primarily borrowing due to past government deficits. A deficit oc ...
. Much debate continues however, whether this still constitutes "nationalisation" in a broader context. *2013
Glasgow Prestwick Airport Glasgow Prestwick Airport () is an international airport serving the west of Scotland, situated northeast of the town of Prestwick in South Ayrshire and southwest of Glasgow. It is the less busy of the two airports serving the western part o ...
was purchased by the Scottish Government for £1 from its previous owner
Infratil Infratil Limited is a New Zealand-based infrastructure investment company. It owns renewable energy, digital infrastructure, airports, and healthcare assets with operations in New Zealand, Australia, Asia, the US and Europe. Infratil was founded ...
. * 2018 On 24 June
London North Eastern Railway London North Eastern Railway (LNER) is a British train operating company. It is owned by the DfT OLR Holdings for the Department for Transport (DfT). The company's name echoes that of the London and North Eastern Railway, one of the Big Fou ...
took over the
InterCity East Coast InterCity East Coast is a railway franchise for passenger trains on the East Coast Main Line in the United Kingdom from London King's Cross to Hull, Leeds, Bradford, Harrogate, Newcastle, Edinburgh, Glasgow, Inverness and Aberdeen. It wa ...
franchise after
Virgin Trains East Coast Virgin Trains East Coast (VTEC) (legal name East Coast Main Line Company Limited) was a train operating company in the United Kingdom that operated the InterCity East Coast franchise on the East Coast Main Line between London, Yorkshire, the N ...
overbid. *2019
Ferguson Marine Engineering Ferguson Marine (Port Glasgow) Limited is a shipbuilding company whose yard, located in Port Glasgow on the Firth of Clyde in Scotland, was established in 1903. It is the last remaining shipbuilder on the lower Clyde and is currently the only ...
nationalised by the Scottish government. *2020 The ONS announced that private
train operating companies A train operating company (TOC) is a business operating passenger trains on the railway system of Great Britain under the collective National Rail brand. TOCs have existed since the privatisation of the network under the Railways Act 1993. T ...
were to be temporarily reclassified as "public non-financial corporations" from 1 April due to the government assuming the financial risk of their rail franchises during the
COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identi ...
. The train operating companies' debt is to be included in public borrowing figures and their employees are to be counted as public sector employees. *2021 In November 2020, the British government announced that AWE plc, operator of the
Atomic Weapons Establishment The Atomic Weapons Establishment (AWE) is a United Kingdom Ministry of Defence research facility responsible for the design, manufacture and support of warheads for the UK's nuclear weapons. It is the successor to the Atomic Weapons Research ...
, would become wholly owned by the
Ministry of Defence {{unsourced, date=February 2021 A ministry of defence or defense (see spelling differences), also known as a department of defence or defense, is an often-used name for the part of a government responsible for matters of defence, found in state ...
from June 2021. *2021 Probation services in England and Wales for low- and medium-risk offenders brought back under public control after being privatised in 2014. *2021 Steel manufacturer Sheffield Forgemasters is purchased by the
Ministry of Defence {{unsourced, date=February 2021 A ministry of defence or defense (see spelling differences), also known as a department of defence or defense, is an often-used name for the part of a government responsible for matters of defence, found in state ...
. *2021 Government-owned Operator of Last Resort takes over train operator
Southeastern The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A compass rose is primarily composed of four cardinal directions—north, east, south, and west—each sep ...
from its franchise holder
Govia Govia is a transport company based in the United Kingdom. It was formed in November 1996 as a joint venture between Go-Ahead Group (65%) and Keolis (35%) to bid for rail franchises during the privatisation of British Rail. History Establi ...
. *2022 In January 2022 the Scottish government announced that, from 1 April,
Scotrail ScotRail Trains Limited, trading as ScotRail ( gd, Rèile na h-Alba), is a Scottish train operating company that is publicly owned by Scottish Rail Holdings on behalf of the Scottish Government. It has been operating the ScotRail franchise ...
operations would be transferred from
Abellio Abellio (also Abelio and Abelionni) was a god worshiped in the Garonne Valley in Gallia Aquitania (now southwest France), known primarily by a number of inscriptions which were discovered in Comminges, in the Pyrenees. He may have been a god o ...
to a Scottish government owned company. Nationalization was a key feature of the first post
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
Labour government, from 1945 to 1951 under
Clement Attlee Clement Richard Attlee, 1st Earl Attlee, (3 January 18838 October 1967) was a British politician who served as Prime Minister of the United Kingdom from 1945 to 1951 and Leader of the Labour Party from 1935 to 1955. He was Deputy Prime Mini ...
. The
coal Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when ...
and
steel Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistan ...
industries were just two of many industries or services to be nationalised, while the formation of the
National Health Service The National Health Service (NHS) is the umbrella term for the publicly funded healthcare systems of the United Kingdom (UK). Since 1948, they have been funded out of general taxation. There are three systems which are referred to using the " ...
in 1948 entitled everyone to
universal health care Universal health care (also called universal health coverage, universal coverage, or universal care) is a health care system in which all residents of a particular country or region are assured access to health care. It is generally organized ar ...
. The subsequent
Conservative Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in ...
governments led by
Winston Churchill Sir Winston Leonard Spencer Churchill (30 November 187424 January 1965) was a British statesman, soldier, and writer who served as Prime Minister of the United Kingdom twice, from 1940 to 1945 during the Second World War, and again from ...
,
Anthony Eden Robert Anthony Eden, 1st Earl of Avon, (12 June 1897 – 14 January 1977) was a British Conservative Party politician who served as Prime Minister of the United Kingdom from 1955 until his resignation in 1957. Achieving rapid promo ...
,
Harold Macmillan Maurice Harold Macmillan, 1st Earl of Stockton, (10 February 1894 – 29 December 1986) was a British Conservative statesman and politician who was Prime Minister of the United Kingdom from 1957 to 1963. Caricatured as " Supermac", ...
,
Alec Douglas-Home Alexander Frederick Douglas-Home, Baron Home of the Hirsel (; 2 July 1903 – 9 October 1995), styled as Lord Dunglass between 1918 and 1951 and being The 14th Earl of Home from 1951 till 1963, was a British Conservative politician who s ...
and
Edward Heath Sir Edward Richard George Heath (9 July 191617 July 2005), often known as Ted Heath, was a British politician who served as Prime Minister of the United Kingdom from 1970 to 1974 and Leader of the Conservative Party from 1965 to 1975. Heath a ...
allowed practically all of the nationalized industries and services to remain in public ownership, as part of the Post-War Consensus. However, the election victory of Margaret Thatcher's Conservatives in 1979 saw the vast majority of nationalized industries, services and utilities privatized within a decade, although the National Health Service was allowed to continue. The Labour Party initially opposed Thatcher's privatization, but the party's commitment to nationalisation had been abandoned by the time it swept back into power in 1997 under
Tony Blair Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of t ...
. However, in February 2008, Blair's successor
Gordon Brown James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010. He previously served as Chancellor of the Exchequer in Tony ...
nationalized the failing
Northern Rock Northern Rock, formerly the Northern Rock Building Society, was a British bank. Based at Regent Centre in Newcastle upon Tyne, United Kingdom, Northern Rock was originally a building society. It demutualised and became Northern Rock bank i ...
bank during the
Great Recession The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At ...
. The much larger
Royal Bank of Scotland The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster B ...
and
Halifax Bank of Scotland HBOS plc was a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland plc, which operated the Bank ...
were partially nationalized for the same reason in October of that year. After nearly four years in public ownership, Northern Rock was sold to
Virgin Money Virgin Money is a financial services brand used by two independent brand-licensees worldwide from the Virgin Group. Virgin Money branded services are currently available in Australia and the United Kingdom. The brand formerly operated in South A ...
and Royal Bank of Scotland agreed a branch sale to the
Santander Group Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centre ...
in November 2011. However, Royal Bank of Scotland and Lloyds remain in public ownership five years later and in November 2012 the Public Accounts Committee warned that it could be many years before the banks are sold and the £66 billion so far invested in these banks may never be recovered.


British assets nationalised by other countries

* 1940s Argentine railways * 1953 British Petroleum's Iranian assets (actually a nationalisation of part of a part-nationalised company) * 1956 The
Egyptian Government The politics of Egypt are based on republicanism, with a semi-presidential system of government. The current political system was established following the 2013 Egyptian military coup d'état, and the takeover of President Abdel Fattah el-Sisi. ...
nationalised the
Suez Canal The Suez Canal ( arz, قَنَاةُ ٱلسُّوَيْسِ, ') is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia. The long canal is a popula ...
, owned by the Suez Canal Company which was part owned by the British government. * 1962 The
Ceylon Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...
Government nationalised the assets of the partly British-owned
Royal Dutch Shell Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New ...
company. * 1975 The
Sri Lanka Government The Government of Sri Lanka (GoSL) ( si, ශ්‍රී ලංකා රජය, Śrī Lankā Rajaya; ta, இலங்கை அரசாங்கம்) is a parliamentary system determined by the Sri Lankan Constitution. It administers the isl ...
nationalised the assets of the British-owned
plantation A plantation is an agricultural estate, generally centered on a plantation house, meant for farming that specializes in cash crops, usually mainly planted with a single crop, with perhaps ancillary areas for vegetables for eating and so on. Th ...
companies.


United States

*1775: Postal roads in the former
Thirteen Colonies The Thirteen Colonies, also known as the Thirteen British Colonies, the Thirteen American Colonies, or later as the United Colonies, were a group of British colonies on the Atlantic coast of North America. Founded in the 17th and 18th centu ...
placed under control of the U.S. Post Office lead by
Postmaster General A Postmaster General, in Anglosphere countries, is the chief executive officer of the postal service of that country, a ministerial office responsible for overseeing all other postmasters. The practice of having a government official responsib ...
Benjamin Franklin Benjamin Franklin ( April 17, 1790) was an American polymath who was active as a writer, scientist, inventor, statesman, diplomat, printer, publisher, and political philosopher. Encyclopædia Britannica, Wood, 2021 Among the leading int ...
by decree of the
Second Continental Congress The Second Continental Congress was a late-18th-century meeting of delegates from the Thirteen Colonies that united in support of the American Revolutionary War. The Congress was creating a new country it first named "United Colonies" and in 1 ...
during the
American Revolution The American Revolution was an ideological and political revolution that occurred in British America between 1765 and 1791. The Americans in the Thirteen Colonies formed independent states that defeated the British in the American Revoluti ...
. Succeeded by the
U.S. Post Office Department The United States Post Office Department (USPOD; also known as the Post Office or U.S. Mail) was the predecessor of the United States Postal Service, in the form of a Cabinet department, officially from 1872 to 1971. It was headed by the postm ...
enabled by the
Postal Clause Article I, Section 8, Clause 7 of the United States Constitution, known as the Postal Clause or the Postal Power, empowers Congress "To establish Post Offices and post Roads." The Post Office has the constitutional authority to designate mail ro ...
of the U.S. Constitution, and eventually the U.S. Postal Service after the
Postal Reorganization Act of 1970 The Postal Reorganization Act of 1970 was a law passed by the United States Congress that abolished the then United States Post Office Department, which was a part of the Cabinet, and created the United States Postal Service, a corporation-like ...
. *1862
United States Military Railroad The U.S. Military Railroad (USMRR) was established by the United States War Department as a separate agency to operate any rail lines seized by the government during the American Civil War. An Act of Congress of 31 January 1862 authorized Presi ...
(USMRR), organized under the
US War Department The United States Department of War, also called the War Department (and occasionally War Office in the early years), was the United States Cabinet department originally responsible for the operation and maintenance of the United States Army, a ...
by the Railways and Telegraph Act of 1862, took over and merged into this state-owned entity all captured Confederate trains and other railway assets. *1917: Merck & Co. seized by the
U.S. federal government The federal government of the United States (U.S. federal government or U.S. government) is the national government of the United States, a federal republic located primarily in North America, composed of 50 states, a city within a f ...
during
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
under the
Trading with the Enemy Act Trading with the Enemy Act is a stock short title used for legislation in the United Kingdom and the United States relating to trading with the enemy. ''Trading with the Enemy Acts'' is also a generic name for a class of legislation generally ...
, later became a private company, separate from the original
Merck Group The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 60,000 employees and present in 66 countries. The group includes around 250 companies; the ma ...
operating in Germany. *1917: All U.S. railroads were operated (but not owned) by the Railroad Administration during
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
as a wartime measure. Railroads were returned to private control in 1920 under the Esch-Cummins Act. * 1918: The U.S. telephone system was nationalized on July 31, 1918, and placed under control of the Post Office Department. It was returned to private ownership on July 31, 1919. * 1939: Organization of the
Tennessee Valley Authority The Tennessee Valley Authority (TVA) is a federally owned electric utility corporation in the United States. TVA's service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolin ...
entailed the nationalization of the Tennessee Electric Power Company. * 1943: On December 27, 1943, President Roosevelt nationalized the railroads for a few weeks to settle a strike. * 1971: The National Railroad Passenger Corporation (
Amtrak The National Railroad Passenger Corporation, doing business as Amtrak () , is the national passenger railroad company of the United States. It operates inter-city rail service in 46 of the 48 contiguous U.S. States and nine cities in Canada. ...
) is a
government-owned corporation A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the governmen ...
created in 1971 for the express purpose of relieving American railroads of their legal obligation to provide inter-city passenger rail service. The (primarily) freight railroads had petitioned to abandon passenger service repeatedly in the decades leading up to Amtrak's formation. * 1976: The Consolidated Rail Corporation (
Conrail Conrail , formally the Consolidated Rail Corporation, was the primary Class I railroad in the Northeastern United States between 1976 and 1999. The trade name Conrail is a portmanteau based on the company's legal name. It continues to do bus ...
) was created by the
Regional Rail Reorganization Act In geography, regions, otherwise referred to as zones, lands or territories, are areas that are broadly divided by physical characteristics (physical geography), human impact characteristics (human geography), and the interaction of humanity and t ...
to take over the operations of six bankrupt rail lines operating primarily in the
Northeast The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A compass rose is primarily composed of four cardinal directions—north, east, south, and west—each sep ...
; Conrail was privatized in 1987 under the
Omnibus Budget Reconciliation Act Omnibus may refer to: Film and television * ''Omnibus'' (film) * Omnibus (broadcast), a compilation of Radio or TV episodes * ''Omnibus'' (UK TV series), an arts-based documentary programme * ''Omnibus'' (U.S. TV series), an educational progr ...
when it was acquired by
CSX Transportation CSX Transportation , known colloquially as simply CSX, is a Class I freight railroad operating in the Eastern United States and the Canadian provinces of Ontario and Quebec. The railroad operates approximately 21,000 route miles () of track. ...
and the
Norfolk Southern Railway The Norfolk Southern Railway is a Class I freight railroad in the United States formed in 1982 with the merger of Norfolk and Western Railway and Southern Railway. With headquarters in Atlanta, the company operates 19,420 route miles (31 ...
, although it continues operations as an asset management and network services provider. Initial plans for Conrail would have made it a truly nationalized system like that during World War I, but an alternate proposal by the
Association of American Railroads The Association of American Railroads (AAR) is an industry trade group representing primarily the major freight Rail transport, railroads of North America (Canada, Mexico and the United States). Amtrak and some regional Commuter rail in North Am ...
won out. * 1989: Resolution Trust Corporation seized control of hundreds of failed
savings and loan association A savings and loan association (S&L), or thrift institution, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans. The terms "S&L" or "thrift" are mainly used in the United States; simi ...
s under the Financial Institutions Reform, Recovery, and Enforcement Act in response to the 1980s savings and loan crisis. * 2001: In response to the
September 11 attacks The September 11 attacks, commonly known as 9/11, were four coordinated suicide terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, nineteen terrorists hijacked four commer ...
, the
airport security Airport security includes the techniques and methods used in an attempt to protect passengers, staff, aircraft, and airport property from malicious harm, crime, terrorism, and other threats. Aviation security is a combination of measures and hum ...
industry was nationalized and put under the authority of the FAA-controlled
Transportation Security Administration The Transportation Security Administration (TSA) is an agency of the United States Department of Homeland Security (DHS) that has authority over the security of transportation systems within, and connecting to the United States. It was created ...
under the
Aviation and Transportation Security Act The Aviation and Transportation Security Act (ATSA, November 19, 2001) was enacted by the 107th United States Congress in the immediate aftermath of the September 11, 2001 attacks. The Act created the Transportation Security Administration ...
. * 2008: Some economists consider the government's
takeover In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to ...
of the Federal Home Loan Mortgage Corporation and
Federal National Mortgage Association The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the Ne ...
to have been nationalization (or renationalization).US rescue of Fannie, Freddie poses taxpayer risks
/ref>Diamond and Kashyap on the Recent Financial Upheavals
/ref> The
conservatorship Under U.S. law, conservatorship is the appointment of a guardian or a protector by a judge to manage the financial affairs and/or daily life of another person due to old age or physical or mental limitations. A person under conservatorship is a ...
model used with
Fannie Mae The Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, is a United States government-sponsored enterprise (GSE) and, since 1968, a publicly traded company. Founded in 1938 during the Great Depression as part of the N ...
and
Freddie Mac The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is a publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons Corner, Virginia. * 2009: Some economists consider the government's actions through the
Troubled Asset Relief Program The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President ...
and the
Emergency Economic Stabilization Act The Emergency Economic Stabilization Act of 2008, often called the "bank bailout of 2008", was proposed by Treasury Secretary Henry Paulson, passed by the 110th United States Congress, and signed into law by President George W. Bush. It beca ...
with regards to
Citigroup Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomera ...
to have been a partial nationalization.Nature of Citi stake debatable
/ref> A proposal was made that banks like
Citigroup Citigroup Inc. or Citi ( stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomera ...
be brought under a
conservatorship Under U.S. law, conservatorship is the appointment of a guardian or a protector by a judge to manage the financial affairs and/or daily life of another person due to old age or physical or mental limitations. A person under conservatorship is a ...
model similar to Fannie Mae and Freddie Mac, that some of their "good assets" be dropped into newly created "good bank" subsidiaries (presumably under new management), and the remaining "bad assets" be left to be managed under the supervision of a
conservatorship Under U.S. law, conservatorship is the appointment of a guardian or a protector by a judge to manage the financial affairs and/or daily life of another person due to old age or physical or mental limitations. A person under conservatorship is a ...
structure. The government's actions with regard to
General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
in replacing the
CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
with a government-approved CEO is likewise being considered as nationalization.Am I the Last Capitalist? Obama Falters on Rick Wagoner, GM, and the Auto Industry - Mary Kate Cary (usnews.com)
/ref>"If, in fact, Wagoner resigned because somebody in government said, 'You have to resign,' then I think we have nationalized the auto industry, at least GM, and I think that's bad to have the government have a socialized car industry," -Sen. Chuck Grassley (R-Iowa)
/ref> On June 1, 2009,
General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
filed for bankruptcy during the automotive industry crisis, with the government investing up to $50 billion in
debtor-in-possession financing Debtor-in-possession financing or DIP financing is a special form of financing provided for companies in financial distress, typically during restructuring under corporate bankruptcy law (such as Chapter 11 bankruptcy in the US or CCAA in Canada). ...
and taking 60% ownership in the company. In addition to a U.S. Government ownership, the Governments of
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by to ...
and
Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...
also took ownership of 7.9% and 3.8% of General Motors, respectively. President
Barack Obama Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party (United States), Democratic Party, Obama was the first Af ...
stated that the nationalization was temporary, saying, "We are acting as reluctant shareholders because that is the only way to help GM succeed"


Venezuela

*1975 Nationalisation of the iron and steel industry. *1976, foundation of
PDVSA Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and productio ...
with the nationalization of the Venezuelan oil industry under the presidency of
Carlos Andrés Pérez Carlos Andrés Pérez Rodríguez (27 October 1922 – 25 December 2010) also known as CAP and often referred to as ''Venezuelan Spanish#Some examples of Spanish words common in Venezuela.2C including some native Venezuelanisms .28slang.29, El ...
. * 2007 On May 1, 2007, the government stripped the world's biggest oil companies of operational control over massive
Orinoco Belt The Orinoco Belt is a territory in the southern strip of the eastern Orinoco River Basin in Venezuela which overlies the world's largest deposits of petroleum. Its local Spanish name is ''Faja Petrolífera del Orinoco'' (Orinoco Petroleum Belt). T ...
crude projects, a controversial component in President
Hugo Chávez Hugo Rafael Chávez Frías (; 28 July 1954 – 5 March 2013) was a Venezuelan politician who was president of Venezuela from 1999 until his death in 2013, except for a brief period in 2002. Chávez was also leader of the Fifth Republ ...
's nationalization drive. * 2008 On April 3, 2008, Chávez ordered the nationalization of the cement industry.Al Jazeera English – Americas – Chavez nationalises cement industry
* 2008 On April 9, 2008, Chávez ordered the nationalization of Venezuelan
steel mill A steel mill or steelworks is an industrial plant for the manufacture of steel. It may be an integrated steel works carrying out all steps of steelmaking from smelting iron ore to rolled product, but may also be a plant where steel semi-fini ...
Sidor, in which
Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...
-based
Ternium Ternium S.A. is a manufacturer of flat and long steel products with production centers in Argentina, Brazil, Mexico, Guatemala, Colombia, and the United States. It is the leading steel company in Latin America with highly integrated processe ...
currently holds a 60% stake. Sidor employees and the Government hold a 20% stake respectively. * 2008 On August 19, 2008, Chávez ordered the take-over of a cement plant owned and operated by
Cemex CEMEX S.A.B. de C.V., known as Cemex, is a Mexican multinational building materials company headquartered in San Pedro, near Monterrey, Mexico. It manufactures and distributes cement, ready-mix concrete and aggregates in more than 50 countries ...
, an international cement producer. While shares of Cemex fell on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its liste ...
, the cement plant comprises only about 5% of the company's business, and is not expected to adversely affect the company's ability to produce in other markets. Chávez has been looking to nationalize the concrete and steel industries of his country to meet home building and infrastructure goals. * 2009 On February 28, 2009, Chávez ordered the army to take over all rice processing and packaging plants. * 2010 On January 20, 2010, Chávez signed an ordinance to nationalize six
supermarket A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. This kind of store is larger and has a wider selection than earlier grocery stores, but is smaller and more limit ...
s under the system of retail stores of a
French French (french: français(e), link=no) may refer to: * Something of, from, or related to France ** French language, which originated in France, and its various dialects and accents ** French people, a nation and ethnic group identified with Franc ...
company because of increasing price and speculation hoarding illicit.Venezuela quốc hữu hóa 6 siêu thị ngoại quốc
* 2010 On June 24, 2010, Venezuela announced the intention to nationalize oil drilling rigs belonging to the U.S. company Helmerich & Payne. * 2010 On October 25, 2010, Chávez announced that the government was nationalizing two U.S.-owned
Owens-Illinois O-I Glass, Inc. is an American company that specializes in container glass products. It is one of the world's leading manufacturers of packaging products, holding the position of largest manufacturer of glass containers in North America, South A ...
glass-manufacturing plants. * 2010 On October 31, 2010, Chávez said his government will take over the
Sidetur Siderúrgica del Turbio S.A. (Sidetur) was a subsidiary of Siderúrgica de Venezuela S.A. ( Sivensa), the biggest - wholly private - Venezuelan steel corporation. Their main products are rebars, bars, beams, angles and flats. Sidetur develops their ...
steel manufacturing plant. Sidetur is owned by Vivencia, which had two mineral plants appropriated by the government in 2008. * 2015 Venezuelan President
Nicolás Maduro Nicolás Maduro Moros (; born 23 November 1962) is a Venezuelan politician and president of Venezuela since 2013, with his presidency under dispute since 2019. Beginning his working life as a bus driver, Maduro rose to become a trade union ...
promises to nationalize
food distribution Food distribution is the process where a general population is supplied with food. The Food and Agriculture Organization (FAO) considers food distribution as a subset of the food system. The process and methodology behind food distribution varies ...
.


Vietnam

* According to the
Constitution of the Socialist Republic of Vietnam The Constitution of the Socialist Republic of Vietnam ( vi, Hiến pháp nước Cộng hòa xã hội chủ nghĩa Việt Nam) is the current constitution of Vietnam, adopted on 28 November 2013 by the Thirteenth National Assembly, and took eff ...
in 1980, land ownership of farmers disappeared, the State owned land across the country and people have the right to temporary use of land, as a slow result of the
Land reform in North Vietnam Land reform in North Vietnam (Vietnamese: ''Cải cách ruộng đất tại miền Bắc Việt Nam'') can be understood as an agrarian reform in northern Vietnam throughout different periods, but in many cases it only refers to the one within ...
from 1953 to 1956. * After the
Fall of Saigon The Fall of Saigon, also known as the Liberation of Saigon by North Vietnamese or Liberation of the South by the Vietnamese government, and known as Black April by anti-communist overseas Vietnamese was the capture of Ho Chi Minh City, Saigon, t ...
in 1975, the government nationalized nearly all the property of the "landlords" and "comprador" in
South Vietnam South Vietnam, officially the Republic of Vietnam ( vi, Việt Nam Cộng hòa), was a state in Southeast Asia that existed from 1955 to 1975, the period when the southern portion of Vietnam was a member of the Western Bloc during part of th ...
, property of the church and of the government of South Vietnam. All private enterprise was nationalized without compensation down to the street vendors, however "shadow companies" continued to operate.


Zambia

* 1968 Government under
Kenneth Kaunda Kenneth David Kaunda (28 April 1924 – 17 June 2021), also known as KK, was a Zambian politician who served as the first President of Zambia from 1964 to 1991. He was at the forefront of the struggle for independence from British rule. Diss ...
nationalized the
copper industry Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-or ...
, represented by Anglo-American Corporation and American Metal Climax, formerly having been controlled partly by the
British South Africa Company The British South Africa Company (BSAC or BSACo) was chartered in 1889 following the amalgamation of Cecil Rhodes' Central Search Association and the London-based Exploring Company Ltd, which had originally competed to capitalize on the expect ...
.


Zimbabwe

*
Zimbabwe Zimbabwe (), officially the Republic of Zimbabwe, is a landlocked country located in Southeast Africa, between the Zambezi and Limpopo Rivers, bordered by South Africa to the south, Botswana to the south-west, Zambia to the north, and ...
has nationalized its
food distribution Food distribution is the process where a general population is supplied with food. The Food and Agriculture Organization (FAO) considers food distribution as a subset of the food system. The process and methodology behind food distribution varies ...
infrastructure.


Other countries

* Nationalization of the oil industry in numerous countries, including
Libya Libya (; ar, ليبيا, Lībiyā), officially the State of Libya ( ar, دولة ليبيا, Dawlat Lībiyā), is a country in the Maghreb region in North Africa. It is bordered by the Mediterranean Sea to the north, Egypt to the east, Suda ...
,
Kuwait Kuwait (; ar, الكويت ', or ), officially the State of Kuwait ( ar, دولة الكويت '), is a country in Western Asia. It is situated in the northern edge of Eastern Arabia at the tip of the Persian Gulf, bordering Iraq to Iraq–Ku ...
,
Mexico Mexico (Spanish language, Spanish: México), officially the United Mexican States, is a List of sovereign states, country in the southern portion of North America. It is borders of Mexico, bordered to the north by the United States; to the so ...
,
Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...
,
Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Ara ...
and
Iraq Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to Iraq–Turkey border, the north, Iran to Iran–Iraq ...


See also

*
Nationalization Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to p ...
*
Privatization Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...
*
List of privatizations by country This list of privatizations provides links to notable and/or major privatizations. .. Privatisation by country Argentina * Aerolíneas Argentinas (1990) – former national carrier; renationalized in 2009. * Agua y Energía Eléctrica ...


References

{{DEFAULTSORT:Nationalizations by country Nationalization Politics-related lists
Nationalizations Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to pri ...