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Results of administration and denationalization of public property in 2015


https://www.old.ipn.md/en/results-of-administration-and-denationalization-of-public-property-in-2015-7966_1028715.html

In Moldova, there are 251 state-run companies, six of which are located abroad. In 11 joint stock companies, the state owns over 25% of the share capital. The information was presented by Minister of Economy Octavian Calmaca in Parliament, while reporting on the administration and denationalization of public property in 2015, IPN reports.

According to the minister, the value of the public property is about 25 billion lei. The net profit in 2015 rose by about 11% on 2014. Significant rises in revenues were reported by Air Moldova, Moldelectrica and Moldova’s Post Office. The sales revenues of 75 state-run companies decreased, mainly at Moldova’s Railways, the Chisinau Glass Factory and the Marculesti International Airport. Among the reasons are the modification of circumstances on the domestic and foreign markets and the depreciation of the national currency.

In 2015, the state-owned companies employed 35,000 people, the average salary being of over 4,000 lei. The joint stock companies in which the state owns holdings employed over 16,000 people with salaries of over 6,000 lei. A sum of 43 million lei was gained from the deductions of these enterprises, while another 75 million lei as dividends, an increase of 16% on 2014.

The minister added that about 33 million lei was earned in 2015 as a result of selling minimum shareholdings in privatization contests. Property of 287 million lei was sold in the first privatization round held in 2016, including the central store Unic. The next round was scheduled for September. Among the companies that are to be privatized are Barza Alba, Floare Carpet, and Tutun-CTC.