Publicly funded companies have not been spared by the health crisis, which has notably affected companies in the transport, automotive, aerospace, energy and tourism sectors, which represent a significant part of the State shareholder’s portfolio. A survey published today by the Court of Accounts focusses on public holdings in companies operating in the competitive sector, managed by three major public shareholders – the Agence des participations de l’État (APE), the Caisse des dépôts et consignations (CDC) and holdings managed by Bpifrance – responsible, between them, for managing a portfolio valued on 31 December 2019 at approximately 145 billion euros in state financial statements. This report examines how these public shareholders have suffered from the health crisis, the measures they have taken to support companies with public holdings and the financial cost of the crisis – both for the companies concerned and for the State.
