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section heading icon     other nationalisation landmarks

This page supplements the discussion of nationalisation, highlighting some landmarks in the history of nationalisation of domestic and offshore-owned infrastructure and enterprises.

1879 major railways (Germany)

1902 railways (Switzerland)

1905 railways (Italy)

1918 national railways (Canada)

1927 British Broadcasting Company (UK)

1937 UFA (Germany)

1938 Gaumont cinemas (France)

1938 main railways (France)

1940 Havas news service as Office Français d'Information (France)

1941 railways (Spain)

1944 Scherl media group (Germany)

1944 Hydro-Québec (Canada)

1944 Renault (France)

1946 gas and electricity production and distribution (France)

1946 much of insurance industry (France)

1946 Banque de France (France)

1946 Bank of England (UK)

1946 Crédit Lyonnais, Société Générale, Banque Nationale pour le Commerce et l’Industrie and Comptoir d’Escompte de Paris (France)

1946 French-owned raiways (Argentina) - £183 million

1947 British-owned railways (Argentina) - £150 million

1947 electricity (UK)

1947 airlines (Spain)

1947 railways (Uruguay)

1948 railways (UK)

1952 Acesita steel (Brazil)

1953 Air India (India)

1955 Imperial Bank of India (India)

1956 Suez Canal (Egypt)

1958 Dutch enterprises (Indonesia)

1962 electricity (Italy)

1967 British Steel (UK)

1969 14 major commercial banks (India)

1976 British Leyland Motor Corporation (UK)

1977 British Aerospace

1980 6 more commercial banks (India)

1981 Paribas (France)

1982 Compagnie de Saint-Gobain (France)

1982 Thomson (France)


2007 electricity (Venezuela)

2008 cement (Venezuela)

2008 Siderurgica del Orinoco steel (Venezuela)

2008 Banco de Venezuela (Venezuela) - owned by Spanish group Santander

2008 cement industry (Venezuela) - US$552m for 85% stake in Holcim's local unit and US$267m for 89% of Lafarge's unit

2008
Fannie Mae (market capitalisation US$64bn in 2007) taken over by US govt

2008 Freddie Mac (market capitalisation US$41bn in 2007) taken over by US govt

2008 Bradford & Bingley taken over by UK govt


2008 Northern Rock taken over by UK govt


2008 Washington Mutual (market capitalisation US$43bn in 2007) taken over by US govt

2008 Belgium, Holland and Luxembourg nationalise Fortis for €11.2bn

2008 Iceland nationalises Kaupthing bank, Landsbanki bank and Glitnir bank

 



 






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version of September 2008
© Bruce Arnold
caslon analytics | caslon.com.au