OREANDA-NEWS. June 21, 2010. As it was informed by the Agency of Public Property the “under the hummer” auctions on sale of state shares will take place on Moldova’s stock exchange from 6 to 9 of July.

Stocks of state shares in 44 joint-stock companies from various fields of economy will be set out there. Moreover, stocks of shares in 14 enterprises make more than 50% of charter capital (controlling interests). In other joint-stock companies stocks of state shares that were set out for sale make from 0.061% to 41.963%.

For privatization are set out stocks of shares in 5 tobacco-fermentation factories (Faleshti, Orhei, Floreshti, Cupcini, Sholdaneshti), in 3 canning factories (Glodeani, Olaneshti, Calarashi), in 3 enterprises of sugar sector (Sudzucker-Moldova, Cupcini-Cristal, Nord-Zahar), in 3 wine-making enterprises (Fabrica de vinuri din Leuseni, Ungheni-Vin, Noroc), and also in the enterprises of milk industry (JLC, Lactis, Incomlac), meat-processing industry (Carmez, Basarabia-Nord) and other sectors.

Also holdings of state shares in two banks (Eurocreditbank and Moldinconbank) are set out for sale. Besides, Agency of Public Property announced about carrying out of invest-competition on the sale of public property and commercial competition on sale of united property complexes. 9 cinemas from different cities of Moldova are set out in invest-competition.

The initial price of the sale is from 280 thousand leis (USD21.7 thousand) to 3.1 million leis (USD 240 thousand). In commercial competition two public enterprises are set out – Vibropribor and Alco-N on the initial price of 235.5 thousand leis (USD 18.3 thousand) and 35 thousand leis (USD 2.7 thousand), respectively.

Document for participation in the competition are accepted till July, 20. Is it was informed earlier, Moldova plans to get from sale of public property in 2010 350 million leis (about USD 30 million). It is planned that privatization income will be fully used to cover state budget deficit.