Public property to the value of almost 1 billion lei will be privatized in June and July, Info-Prim Neo reports, quoting the Public Property Agency. The movie theaters in Glodeni and Stefan Voda will be put up for investment contests during June 10 – July 15. They need investments to be reconstructed and reopened. The initial selling price is 2 300 000 lei. Minimum 6 million lei is to be invested in them during three years. In the same period, an auction will be held to privatize six state-run companies that have not been sold at previous auctions. Among them is IS “Moldagroteh”, which is sold for 307 million lei. On June 30, the unfinished buildings that could not be sold at previous auctions will be auctioned again. Minimum 1.321 million is projected to be earned from selling these facilities. Between July 5 and 8, the Moldova Stock Exchange will hold a round of outcry auctions to sell state-owned shares in 34 joint stock companies. Most of them were put up for sale at previous auctions, but remained unsold. Among the given companies are the Causeni-based SA “Drum” and SA “Fabrica de vinuri Saratenii Vechi”. In 17 of these companies, the state owns holdings of over 51%. A sum of 529. 684 million lei is planned to be obtained from selling the 34 companies. The total initial price of the state-owned property that is to be privatized between June 10 and July 15 is 966. 627 million lei. A private tax of 1% for every transaction is additionally paid into the state budget.