The Government will put up the scrap metal recycling company SA “Metalferos” for privatization in the immediate period, stated Prime Minister Ion Chicu, who noted that the number of monopolies will be this way decreased by one, IPN reports.

“By one monopoly fewer in the country, by one headache fewer. The next monopoly that is to be liquidated is the one existing on the airport market,” Premier Chicu posted on Facebook.

At the start of last December, seven persons were arrested following about 50 searches carried out at SA “Metalferos” and other companies. The persons are suspected of implementing a scheme to buy and sell ferrous and nonferrous metal through fictitious intermediation activities. The damage caused by them was assessed at over 215 million lei.

At the end of last month, Igor Cujba was named the new director general of “Metalferos”. The authorities initiated a package of laws to demonopolize enterprises and to liberalize the export of scrap metal.