On the last day of the outcry auction to sell state-owned shareholdings in 28 joint stock companies that was held at the Moldova Stock Exchange between October 15 and 17, there was sold a 21.019% holding in SA EuroCreditBank, which was exhibited for sale for several times, IPN reports.  

The 2.27 million shares were purchased at the initial price of 10 lei apiece, at the total price of 2.7 million lei.

There was also sold the 100% holding in the butter factory SA “Fabrica de unt din Taraclia”. The 347 shares were bought for 3,277.10 lei, 9.3lei apiece.

On the first day of the outcry auction, the 41.96% holding in the Glodeni-based company SA Mapamond was sold for 4,071.33 lei, 0.01 bani per each of the 407,133 shares. Thus, the sales at the auction of October 15-17 came to 22.707 million lei.

The outcry auction closes the third privatization round held by the Public Property Agency this year. In the first two rounds, there were privatized state-owned facilities and shares to the value of 143.5 million lei. The 2014 budget law envisions incomes of 240 million lei from privatization.