Outcry auctions to sell 21 state-owned shareholdings for a total of 702 614 174 lei will be held at the Moldova Stock Exchange from March 27 until March 31, IPN reports.
The state sells its shares in the following companies: “Barza Alba” in Balti (100% of the shares), “Floare Carpet” (59.4%), “Tutun CTC” (90.8%), Chisinau Hotel (60.17%), cleanup vehicles factory “Fabrica de masini de salubrizare din Falesti” (94.12%), Glass Container Company (31.4%), Vulcanesti dairy (13.3%) and others.
The outcry auctions at the Moldova Stock Exchange firm part of the first privatization round announced by the Public Property Agency of the Ministry of Economy this year. The first round includes one more auction, an investment contest and a commercial one to sell publicly-owned property to the total value of 1.3 billion lei.
