The share capital of SA “MoldFarm” could be increased by 1 million lei from state budget allocations. This is provided in a draft decision proposed by the Ministry of Health, Labor and Social Protection for public consultations, IPN reports.

The state owns 100% of the shares in SA “MoldFarm”. The company was created a year ago to purchase, import, store and sell medicines, pharmaceutical preparations and medical devices, including psychotropic remedies, perfumes and cosmetic products and medical optical and technical instruments.

The informative note to the bill says that the Ministry in 2017 ensured all the procedures related to the foundation, state registration and initial issuing of shares for newly created company. However, to be able to launch economic activities, the company needs equipment and personnel. The proposed rise in the share capital will enable SA “MoldFarm” to start the economic activities for which it was created.