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Shares in state-owned companies will begin to be sold on the stock exchange

The State Property Agency (AGS) plans to begin placing minority stakes in certain state-owned companies on the Moldovan International Stock Exchange in late November or early December.
Igor Fomin Igor Fomin Reading time: 2 minutes
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Ion Dodon

Ion Dodon

This was stated by Ion Dodon, Director of the State Property Agency, who noted that the process would begin with enterprises that already have a legal structure suitable for this procedure. However, Ion Dodon did not specify which companies would be the first, according to europalibera.org.

The State Property Agency currently manages 76 operating enterprises, less than half of which are organised as public limited companies or limited liability companies. A further 40 continue to operate as state-owned enterprises, a form which the agency’s director considers outdated.

In this context, Ion Dodon stated that the agency would develop initiatives to transform them into organisational forms more suited to modern management.

Listing on the stock exchange is part of a broader plan to reform the system of governance and privatisation of state-owned assets. The director clarified that the agency aims to improve the presentation of companies put up for sale so that potential investors have clearer information about the assets they intend to acquire.


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