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The State Road Administration will be reorganized from a state-owned enterprise into a joint-stock company with 100% state capital in the authorized capital.

The State Road Administration will be reorganized from a state-owned enterprise into a joint-stock company with 100% state capital in the authorized capital.

The Ministry of Regional Development and Infrastructure submitted the corresponding draft resolution for public consultation. The reorganization of the State Road Administration is the first stage of the restructuring of the entire public roads sector, which will be carried out in three stages, followed by the takeover of joint-stock companies with state capital in the authorized capital that are involved in road maintenance. At the first stage, the State Road Administration will be reorganized from a state-owned enterprise into a joint-stock company. At the same stage, a mandatory assessment of the enterprise’s property will be carried out. At the second stage, stakes in territorial road administrations owned by private individuals will be consolidated and subsequently purchased by the state. At the third stage, JSC State Road Administration will absorb all 10 specialized companies for road maintenance. This reorganization is expected to strengthen the management of the enterprise, increase its transparency and efficiency, including the efficiency of using the road fund intended for national roads. The potential for managing funds allocated by external partners for the construction and modernization of public roads will also increase. Currently, the State Enterprise “State Administration of Roads” is undergoing a reorganization procedure through a merger with the Republican Production Automotive Training Plant. Consultations on the project are held until April 5: https://goo.su/NsAXI. // 27.03.2024 — InfoMarket.

News on the subject

Moldova will develop the first digital platform e-Bursa Transport, which will make the logistics services market more efficient.
Moldova will develop the first digital platform e-Bursa Transport, which will make the logistics services market more efficient.
Moldova will receive a 41.2 million euros loan from the EIB and a 12 million euros grant from the EU to modernize the railway corridor Valcinet-Ocnita-Balti-Ungheni-Chisinau-Cainari.
Moldova will receive a 41.2 million euros loan from the EIB and a 12 million euros grant from the EU to modernize the railway corridor Valcinet-Ocnita-Balti-Ungheni-Chisinau-Cainari.
Moldova will be able to access money for the development of railroads and other infrastructure projects from the European Union funds to which only EU members were entitled to before - Adina Valean.
Moldova will be able to access money for the development of railroads and other infrastructure projects from the European Union funds to which only EU members were entitled to before - Adina Valean.
The European Commission is ready to extend the agreements with Moldova and Ukraine on liberalization of road freight transport until end-2025.
The European Commission is ready to extend the agreements with Moldova and Ukraine on liberalization of road freight transport until end-2025.
The EBRD will provide financial assistance to Moldova for the implementation of the Moldova Roads Rehabilitation V project.
The EBRD will provide financial assistance to Moldova for the implementation of the Moldova Roads Rehabilitation V project.
The EIB will provide technical assistance to Moldova to improve the key Ungheni-Chisinau-Odessa road corridor.
The EIB will provide technical assistance to Moldova to improve the key Ungheni-Chisinau-Odessa road corridor.