Those are generally private companies too, at least in Sweden, I would assume most of the nordics.

That last 20-30 years have seen increasing privatization of services paid for with public funds, in everything from infrastructure, healthcare, eldercare and schools. Of course they maximize profits (maximizing residents, students, patients) and minimize costs (staff, care).

It's the same problem, not a different one.

But that is not a property of private industry ... or I should say, it is, but it is not a difference with public industry.

In public industry the name of the game is to maximize subsidy for minimal actual work done. Lots of people, but nothing happens.

If you were alive in the 80s you would have seen this in action. People who "work" ... but not much at all. Many people, but zero activity. I'm told it was much worse in the 60s.