Auctions on Privatization to Be Carried out in Open Format

From now on, members of the media, as well as anyone else will be able to observe auctions for privatization of state property, said the report of the State Committee for Property Affairs. For that they will have to come to the information management and IT center of the State Committee for Property Affairs at the time announced.

Currently, preparatory work is carried out for new investment competitions.

At the first stage the State Committee announced auctions for the privatization of 138 state-owned property units. Fifty of them include a 30% package of 50 joint stock companies in various sectors of the economy, 62 residential areas, small property and objects, and 26 vehicles. These auctions will take place on 14 and 20 September 2016.  ---72D

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