The Public Property Agency will hold three privatization rounds to sell state-owned public property. The initial selling price is about 1 billion lei. The Agency’s director general Valeriu Triboi told a news conference that the property will be denationalized in order to attract investments and achieve the budget fulfillment objectives for this year, IPN reports.

An investment contest to privatize the movie theaters in Falesti, Glodeni and Leova towns and the Chisinau jewelry factory “Giuvaier” will be held on April 4. According to Valeriu Triboi, the factory was exhibited for sale for several times, but wasn’t bought. It will be now privatized as it collected debts of 17 million lei.

The initial selling price of the facilities is over 12.1 million lei. Investments projected at 10.7 million lei are to be made in them during three years.

There will organized a commercial contest to privatize 21 state-run companies and to sell state-owned shares in two joint stock companies, to the value of 588.6 million lei, and an outcry auction to privatize 14 facilities to the value of 72.072 million lei.

On April 4, there will be also held a descending-price auction to privatize six unfinished constructions situated in rural areas, to the value of 2.7 million lei.

An outcry auction to sell state-owned shares in 34 joint stock companies will be held at the Moldova Stock Exchange on April 8-11. Among the companies are the Chisinau Hotel, SA Floare-Carpet, SA Gainusa, and SA EuroCreditBank. Their selling price is 313.3 million lei.

A tax of 1% is paid into the state budget on every transaction.

At the last auction held by the Agency last November, there were exhibited 39 facilities. Only four of them were sold. A sum of 120 million lei was transferred to the state budget as a result.