A new round of privatization

The Public Property Agency has announced a new round of privatization of publicly owned facilities for July 17 - August 18, IPN reports.

An outcry auction to sell four state-owned enterprises as undividable property was set for August 5. The four companies are the Publishing House of the Academy of Sciences, “Prevenitorul autogestionar al Academiei de Științe”, ÎS “Protecția Plantelor” based in Durlești and “Pita Service” based in Basarabească. There will also be auctioned the social holding in “IT-CAFE” SRL and ten facilities, two of which are the cinemas situated in the district centers Leova and Fălești and one is a four-story production block located at Iurie Gagarin St in Chisinau.

The deadline for applications is August 4, 4pm. The selling prices differ from one facility to another. For example, the initial selling price of the holding in “IT-CAFÉ” SRL is 3 530 000 lei.

Within the announced privatization round, until August 21, the Moldova Stock Exchange will host outcry auctions to sell undividable holdings in six joint stock companies, namely: “Drumuri-Orhei” SA; “Drumuri-Soroca” SA; “Drumuri-Criuleni” SA; „Drumuri-Cahul” SA; Institutul de cercetări științifice „RIF-ACVAAPARAT, and “Metalferos” SA.

The state owns 78.2% of the shares in “Metalferos” (281 065 shares). The nominal price of a share is 10 lei and the initial selling prince set by the Public Property Agency is 3.23m lei.

Applicants can also bid for the Chisinau Zarea Hotel that is offered at the initial selling price of 29 560 000 lei.


In the period, the potential buyers from Moldova and abroad can find out details about the sold property on (022) 238-089, (022) 221-457, (022) 234-589, (022) 229-961. The participants in privatization should also present a bank guarantee to confirm their purchase potential.

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