State blocks of shares worth 1.25 billion lei in 15 joint-stock companies will be put up for sale at the Moldova Stock Exchange.
The Public Property Agency announced the sale of state public property shares from April 19 to April 30 in the regulated market within "under the hammer" auctions. Blocks of shares in 15 joint-stock companies are put up for sale through the Moldova Stock Exchange; the share of the state in these joint-stock companies ranges from 30.083% to 99.637%. The total initial price of state-owned blocks offered for sale through auctions exceeds 1.25 billion lei. The state block of shares in JSC Metalferos (78.282%) is put up for sale. After 3 unsuccessful attempts to privatize this enterprise in 2020, the price of one share was again reduced - from 3200 to 3000 lei per share, thus, the value of the package decreased by 56.2 million lei (-6.2%) - from 899.4 million to 843.2 million lei. Once again, the state block of shares in the Rif-Acvaaparat Institute for Scientific Research in Balti (92.908%) was put up for privatization: the cost of one share was reduced from 52 to 45 lei, and the initial cost of the object decreased from 18.55 million to 16.06 million lei (-13.4%). Also, the sale price of JSC Alimentarmaș, which is in the process of insolvency, was reduced from 5.49 million to 4.41 million lei (the state's share is 30.083%). The state block of shares (60.179%) in the Chișinău Hotel has been put up for privatization again. The initial selling price did not change and amounts to 5.34 lei per share (1.55 million lei). The state block of shares (76.504%) in Aqua-Prut JSC, which operates in Cahul and is engaged in construction work, is also put up for sale. The initial cost is 29.07 lei per share, and the entire state-owned stake is offered for sale at an initial price of 4.76 million lei. In addition, the state's shares in 10 enterprises for the repair and maintenance of roads have been put up for privatization; the blocks of shares in these enterprises are sold at a price of 27.6 million to 54.26 million lei. The total initial cost of these objects has also slightly decreased (by about 3 million lei) compared to the previous price and amounts to more than 382 million lei. More detailed information on participation in auctions is available on the websites of the Public Property Agency and the Moldova Stock Exchange. As a reminder, in 2020, privatization revenues amounted to 420.5 million lei, which is 40% less than the planned amount. At the same time, state property was sold at 22% more than its original cost. For comparison, in 2019, revenues from privatization in Moldova amounted to 191.7 million lei, in 2018 - 366.03 million lei. // 19.03.2021 - InfoMarket.
