19 public property facilities privatized last year
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12:11, 15 Mar 2019

As many as 19 public property facilities, including state-owned shareholdings in five joint stock companies, were privatized in the course of 2018. The Public Property Agency said 366.035,5m lei revenues from privatization were transferred to the state budget last year. The costs related to the process of denationalizing public property facilities came to 1.399,2m lei, IPN reports.

Three commercial contests, two investment contests, three outcry auctions and two rounds of auctions on the regulated market of the Stock Exchange to privatize 70 public property facilities were held last year. Among the 19 privatized public property facilities, including state-owned shareholdings, were SA “Drumuri-Bãlți” – 96.53% of shares, SC “Gara Nord” SA – 85%, SA “Natur-Telecon” – 16.96%, dairy factory SA “Fabrica de produse lactate din Nisporeni” – 19.70%, and SA “Basarabia-Nord” – 0.07%.

As a public partner, the Public Property Agency signed three public-private partnership contracts and authorized the feasibility studies for five public-private partnership projects proposed by central public authorities.

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