New privatization round

The Public Property Agency announced a new round of privatization of state public property for February 19 – April 8. Among these are: the brandy and cognac producer SA “Barza Alba”, the tobacco company “Tutun –CTC”, the Universal Central Store UNIC and the carpets factory “Floare - Carpet”, IPN reports.

According to a press release of the Agency, over 1 billion lei is to be earned from the sale of the shareholdings in the 24 joint stock companies exhibited for sale. The informative communique about the property put up for sale was published in the February 19 issue of the Official Gazette and on the website of the Public Property Agency.

On outcry auction will be held to sell 12 facilities, including two undividable patrimonial complexes, four completes of real estate and six unfinished constructions, for an estimated sum of 35 million lei.

The movie theaters in the towns of Falesti and Leova will be exhibited at investment contests. The lowest amount of investments must be 2.7 million lei, made during three years. A commercial privatization contest will be held to sell 19 facilities, 18 of which are undividable patrimonial complexes, for an estimated sum of 669 million lei.

The potential buyers can find out information about the property proposed for privatization at the Public Property Agency or by visiting the companies exhibited for sale.

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