Government suspends Moldtelecom CEO contest and launches APP reform
EUR/MDL - 20.14 0.1415
USD/MDL - 17.67 0.031
VMS_91 - 3.03%
VMS_364 - 9.54%
BONDS_2Y - 7.40%
GOLD - 4,012.18 1.17%
EURUSD - 1.14 0%
BRENT - 107.14 8.65%
SP500 - 746.77 0.78%
SILVER - 58.30 0.47%
GAS - 2.94 6.14%

The Cabinet of Ministers Suspends the Tender at Moldtelecom and Freezes Benefits for State-Owned Enterprises

Moldovan Prime Minister Alexandru Munteanu announced the suspension of the competition for the position of CEO of Moldtelecom, the halting of efforts to advance a bill to change the procedure for allocating profits from state-owned enterprises, and the reorganization of the Public Property Agency (APP).
Svetlana Rudenco Reading time: 2 minutes
Text size
Link copied
To Alexandru Munteanu

To Alexandru Munteanu

At the beginning of the cabinet meeting, Alexandru Munteanu presented a series of measures in response to questions that had arisen regarding the activities of state-owned enterprises.

“Trust in state institutions is built, among other things, on accountability, and that is the main message,” the prime minister stated.

The head of government ordered the suspension of the competition to select the CEO of Moldtelecom until all the circumstances that caused a public outcry in the context of the MoldATSA scandal have been clarified.

In addition, the prime minister ordered a halt to the advancement of a bill that would change the procedure for transferring a portion of state-owned enterprises’ profits to the state budget.

“As long as serious questions remain regarding the activities of MoldATSA and other state-owned enterprises, the government will not change the rules governing profit transfers,” he emphasized.

In the same vein, the prime minister announced the start of the process to reorganize the Public Property Agency.

“Starting today, we are launching the reorganization of the APP and transferring this agency to the coordination of the Ministry of Economic Development and Digitalization,” Munteanu stated.

The Prime Minister instructed the ministry’s leadership to present a comprehensive assessment of the APP’s activities and a concrete plan for its reorganization as soon as possible.

In addition, the government accepted the resignation of Roman Kozhukhar, Director General of the Public Property Agency.

It should be recalled that the bill, whose advancement was suspended by the government, provided for exempting a number of state-owned enterprises from transferring a portion of their net profit earned in 2025 to the budget, as well as exempting the joint-stock company “Cricova” from paying dividends to the state. According to the draft, the state-owned enterprise MoldATSA was to be exempted from transferring 13.08 million lei, the state-owned enterprise “Mileștii Mici Fine Wines Plant”—4.28 million lei, the state-owned enterprise “Poșta Moldovei” from transferring 1.4 million lei, and the joint-stock company “Cricova Winery” from paying dividends totaling 6.26 million lei. It was assumed that these funds would be directed toward investment and the development of the enterprises by increasing their authorized capital.


Follow our updates


РекламаРеклама
Related*
More from author*

We always appreciate your feedback!

Latest news
Popular now*
Must Read*