Moldova Announces First Round of 2014 Privatization
OREANDA-NEWS. In the framework of the round, the cinemas in Glodeani, Falesti an Leova are offered for sale at initial prices varying from MDL 0.43 million to MDL 1.25 million. In line with terms of the investment tender, during 3 years new owners of the cinemas are to invest MDL 1.2 million to MDL 2 million in the assets. Assets of Chisinau jewellery factory Giuvaier are put on sale for MDL 10 million as a single lot.
A new owner will have to invest in the factory at least MDL 6 million for the next 3 years. Besides, public shares are offered for sale in Rif-Аcvaaparat (Balti) (92.908%) at an initial price of MDL 1.9 million and in Zidarul-SV (90.382%) at an initial price of MDL 18 million. Property complexes of 24 public-owned enterprises, including Chisinau printing house (the initial price of MDL 190 million), Vibropribor (MDL 70 million), Central print shop (MDL 43 million) several poultry factories (MDL 3 million MDL 10 million), etc are also put on sale. On April 2 at the stock Exchange of Moldova 4 assets at an initial price of MDL 4.1 million, 7 immovable property sets at an initial price of MDL 6.3 million and 3 uncompleted constructions at an initial price of MDL 61.4 million are going to be sold.
At the Dutch auction, 6 incomplete buildings are to be offered at an initial prices varying between MDL 100,000 to MDL 710,000. The initial price can not be brought down by more than 50%. April 8-11 will see the auction at the Stock Exchange of Moldova to trade public shareholdings in 34 enterprises of Moldova. As it was reported earlier, in 2013 the only round of privatization was held as a result of which 14 of 91 public assets were sold. The last-year privatization receipts amounted to MDL 112 million. In 2014 the target is MDL 240 million.
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