More than 20 republican enterprises are planned to be privatized in 2010 in the Vitebsk region

January 29, Vitebsk / Sergey Kotovets - BELTA/. More than 20 enterprises of republican ownership located in the Vitebsk region are planned to be corporatized in 2010, Svetlana Lukashevich, Deputy Director of the Vitebsk Territorial Fund "Vitebskoblimushchestvo", told a BELTA correspondent.

These include the republican unitary enterprises "Novopolotsk ZhelezoBeton", "VISTAN", "Orsha Machine-Tool Plant "Krasny Borets", "Orsha Instrumental Plant", "Novopolotsk Plant of Protein-Vitamin Concentrates" and a number of others. Given the significant scope of the upcoming reform, almost all enterprises planned for corporatization this year began preparatory work back in 2009. The "Vitebskoblimushchestvo" Fund organized a series of training seminars for managers and officials on the preparation of balance sheets as of January 1, 2010, taking into account the results of the inventory of fixed assets. It will form the basis for the formation of the charter capital of future OJSCs, therefore, the high-quality organization of accounting determines the reliability of the charter capital amounts, and will also positively affect the pace of corporatization work in the future, Svetlana Lukashevich noted. Already in January, the "Gorodokskaya" poultry farm held a meeting of employees who supported the decision to transform the enterprise into an OJSC.

In 2009, 12 republican enterprises were corporatized in the Vitebsk region, including the establishment of OJSC "Monolit", OJSC "Vitebsk Electrical Measuring Instruments Plant", OJSC "Vityaz", OJSC "Orsha Poultry Farm", OJSC "Les" (Orsha district), as well as two enterprises were transformed into OJSCs together with parent organizations as a single property complex. During the privatization of republican property, almost 450 real estate objects with a total value of about Br3.9 billion were additionally registered. All newly created joint-stock companies are registered in the prescribed manner and are registering their securities.-0-