OREANDA-NEWS. July 15, 2011. Two state-owned shareholdings out of 34 were sold at the Moldovan Stock Exchange in the total amount of 5.9 million leis during the third auction to sell public shares. Particularly, the 30.593% shareholding of the Agat JSC (Chisinau, production and sale of electronics) was sold for 5.87 million leis and the 99.375%-shareholding of the Tehservice-Gama JSC (Soldanesti, agricultural machines repair) – for 16.6 thousand leis during the auction carried out during July 5-8, according to the Agency for Public

Property with the Ministry of Economy. State-owned shareholdings in 34 joint-stock companies, mostly, from the winemaking, canning, tobacco, dairy and sugar industries and others were put up for the auction. Most of them have been put up for auctions several times, but haven’t been sold even after their starting price was cut.

The state’s share in 17 shareholdings out of the total number of shareholdings put up for sale exceeded 51 percent. The total cost of the property put up for sale at the initial price was 529.68 million leis. Shareholdings in the amount of 21.8 million leis were sold at the previous two auctions in February and April.

Moldova’s incomes from state property privatization in 2011 are planned to total 280 million leis. In 2010, receipts from sale of state property totaled about 100 million leis with the planned 430 million.