Glass Factory, Santate Health Resort Offered for Privatization
OREANDA-NEWS. November 01, 2012. According to Tudor Copaci, head of the Public Property Agency, the plant has been prepared for privatization for 2 years and invested in close to 100 mln leis and equipped with a new packaging line.
The plant is offered for sale since players in this market are very competitive and further development of the plant requires private investments. Sanatate, the health resort, is offered at 33 mln. leis and some Ukrainian investors have shown their interest in this facility, Tudor Copaci has mentioned. Besides, such important for Moldova enterprises as Floare-Carpet, Armo-Beton, Farmaco have also been put for the privatization competition. The Public Property Agency and MIEPO are going to create profiles of the enterprises for investors to assess their performances and ranges of products and to visit them if necessary.
The commercial and investment competitions have been prolonged to 2 months so that possible investors will have an opportunity to learn more about the facilities offered for sale. Between November, 20-23 public shareholdings in 38 stock associations are going to be traded on the Stock Exchange of Moldova. Shareholdings in 16 enterprises make up over 50% of the fixed capital, with the rest being 0.1% to 41.9%. On October, 26-December, 6, 2012 the investment competition is held to sell 6 cinemas at a total sum of 2.97 mln. leis.
They are sold on the term of keeping their purpose by reorganizing them into recreation centers and being invested in 9.8 mln. leis to 6 mln. leis within 3 years. During this period 10 public enterprises are to be offered for sale at the commercial privatization competition: Vibropribor, Energoreparatii, jewelry plant Giuvaier, Alco-N, Mendian, Chisinau’s glass plant, Flori, Dumbrava Vest, beekeeping enterprise Nectar, health resort Sanatate in Sergeevca and Yak-40. On November, 22, 2012 10 incomplete facilities are to be traded, including the administrative block of the Microbiology and Virology Institute and the adjoining land lot of 9.06 ha at the initial price of 76 mln. leis; 11 residential blocks, a single property complex, a facility with a public shareholding in the fixed capital.
Besides, the Dutch auction will be held to sell 5 incomplete facilities. During the third round of privatization over 80 facilities at a total sum of 1.3 bln. leis are going to be traded. Privatization receipts are budgeted at a sum of 260 mln. leis, for 2012. During the first two rounds the pblic property was sold at a sum of 92 mln. leis. The target for 2013 is 250-260 mln. leis. “This is the minimum, we are going to have much more. All depends on whether we manage to sell large facilities”- Tudor Copaci said.
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