Privatization auctions to take place on October 4 and 11

The State Service for Property Issues under the Ministry of Economy will hold privatization auctions on October 4 and 11. 16 small state-owned enterprises and facilities and 41 vehicles will be put up for auction on October 4, while the auction to take place on October 11 will sell block of shares in 6 joint-stock companies, 10 small state-owned enterprises and 15 vehicles.

The small state-owned enterprises and facilities put up for auction are owned by various sectors of the economy. Another advantage is that most of them are privatized together with land plots.

The joint-stock companies to be privatized belong to the branches of industry and agriculture. Block of shares in joint-stock companies make up 30-45% of the authorized capital.

Most of the vehicles put up for privatization are Russian and American-made. Release dates range from 1974 to 2013.

Complete list of state property put up for auction can be found at:https://bit.ly/3mmNVpB )