An outcry auction to sell 17 state-owned shareholdings was opened at the Moldova Stock Exchange on October 27 and will continue until December 1. It is held within the third privatization round announced this year by the Public Property Agency that was recently transferred under the direct management of the Government, IPN reports.

Among the shareholdings put up for sale are those in SA ”Barza Alba” (100%), SA  ”Comert - Petrol” (100%), SA ”Tutun – CTC” (90.8%), the enterprises ”Drumuri” of Cimislia, Soroca, Rascani and Cahul and SA ”Fabrica de lactate” of Nisporeni (19.7%).

The third privatization round includes a traditional auction to sell 29 facilities, including nine state-run companies, such as the Chisinau glass factory ”Fabrica de Sticla”, the Polygraphic Complex and IS ”Flori” of Sangera, and 19 real estate complexes and one unfinished building. This will take place until November 22 and bids can be submitted until November 21.

There will also be held a commercial contest to sell 12 publicly owned facilities and an investment contest to sell the cinemas “Prut” of Falesti and ”Patria” of Leova and IS ”Vestmoldtransgaz” that was founded to transport natural gas through the Iasi – Ungheni gas pipeline and is to design the Ungheni – Chisinau gas pipeline. The initial selling price is 180 million lei. The potential investor is to make investments of €93 million during two years.

A total of 61 facilities estimated at 2 billion lei are exhibited for sale within the third privatization round.

A sum of 200 million lei was projected to be collected from the privatization of state-owned property as state revenues this year. Property to the value of over 121 million lei was sold during the first two rounds.