Glubokoye Feed Mill has been corporatized

December 21, Vitebsk / Sergey Kochetov - BELTA /. Open joint-stock companies have been established in the Vitebsk region in the process of privatization of state property of RUPPP "Gluboksky Feed Mill" and RSUP Sovkhoz "Lovzhansky". This was reported to a BELTA correspondent by the regional territorial fund of state property "Vitebskoblimushchestvo". The authorized fund of OJSC "Gluboksky Feed Mill" is formed in the amount of over Br23.875 billion, for this amount 5 million 426 thousand 285 ordinary shares with a nominal value of Br4.4 thousand each will be issued. 100% of the shares will remain in state ownership. Until the first shareholders' meeting, the Ministry of Agriculture and Food will be authorized to make decisions within the competence of the general meeting and the supervisory board of the company. OJSC "Lovzhanskoye" has formed an authorized fund in the amount of about Br31.1 billion, it is planned to issue 7 million 69 thousand 712 ordinary shares with a nominal value of Br4.4 thousand. Initially, the state's share in the authorized fund will be 100%. After the state registration of the joint-stock company and its securities, preferential sale of shares and their exchange for nominal privatization vouchers to the enterprise employees will be carried out. By the end of the current year, it is planned to reform 3 more enterprises of republican ownership in the region, which are included in the privatization plan of republican property objects for 2008-2010. -0-