Air Moldova to be privatized

Air Moldova Airline will be put up for privatization in a commercial contest alongside another 11 state-owned enterprises, IPN reports, with reference to the Public Property Agency.

The commercial contest will take place as part of a new public property privatization round during July 27 - September  4 (deadline for the submission of bids).

Within the new privatization round, during September 3-7, outcry tender contests will be held on the regulated market to sell state-owned shareholdings in 21 joint stock companies, 16 of which are majority ones, including in SA “Barza Alba” and SA “Tutun-CTC”, and 11 shareholdings in road maintenance companies.

The cinemas “Prut” in Falesti and “Patria” in  Leova will be repeatedly exhibited at an investment contest. The main condition in this contest is to transform the cinemas into centers of culture and recreation. September 4 is the deadline for submissions.

A contest to privatize 16 real estate complexes, 12 state-owned enterprises (undividable complexes) and an unfinished building will be held on September 5. Submissions will be accepted by September 4, 4pm.

Under the 2018 state budget law, as a result of the privatization the buyers pay a tax of 1% of the value of each transaction.

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