Shares of five Gomel Oblast companies on sale in December
GOMEL, 9 November (BelTA) – The Gomel Oblast Territorial State Property Fund plans to hold auctions in December to sell state-owned shares in five joint-stock companies, BelTA learned from Ms Yekaterina Zenkevich, Director of the Fund.
The official said that there are certain peculiarities in the forthcoming auctions. First, as much as 100% of the state-owned packages will be available for sale. Second, these are smoothly operating joint-stock companies that have good resource bases and market outlets.
The auctions will offer 25% of the shares in OAO Mozyrremstroy with the asking price at Br412 million and 43.6% of the shares in OAO Metallokonstruktsii with the asking price at Br4.1 billion. Held in 2009 and 2011, previous auctions sold 43.4% and 48.2% of the companies’ shares respectively. The good performance secured by the new owners prompted the idea to hold the auctions to sell the rest.
Investors will be suggested buying 99.3% of the shares in OAO Medik with the asking price at Br5.2 billion, 90.8% of the shares in OAO Rechitsky Mezhrayavtotransport for Br5.88 billion, and 95.8% of the shares in OAO Rogachevenergoservis for Br2.49 billion.
Making investments, keeping the business profile of the companies unchanged as well as the number of jobs will be the main conditions of the new auctions. The privatization move is expected to earn about Br20 billion for the state budget, with investments expected to reach Br3.5 billion in 2012-2013.
So-called privatization lists have been scrapped in Gomel Oblast. Any interested investor is willing to choose shares of any joint-stock company or even several ones. According to the latest data, at present it is possible to buy shares of 164 joint-stock companies, which are owned by Gomel Oblast and its administrative and territorial entities.
