For the first time, share packages of two OJSCs belonging to the Vitebsk region are put up for auction

November 30, Vitebsk / Sergey Kotov - BELTA /. Packages of shares of two joint-stock companies (JSC) belonging to the Vitebsk region are put up for auction for the first time. It will be held on December 28. This was reported to a BELTA correspondent by Pavel Kotikov, Deputy Director of the Vitebsk Territorial Fund "Vitebskoblimushchestvo". Potential investors are offered a package of shares of JSC "Vitebsk Khoztorg" in the amount of 38.32% of the authorized fund, the starting price of the lot is Br674.4 million, as well as over 130 thousand securities (24.98% of the authorized fund) of JSC "Vitebskoblagroproftrans" at a starting price of the package of more than Br1.369 billion. Both enterprises are located in Vitebsk. In total, the Vitebsk region owns 98.4% of the shares of Vitebsk Khoztorg and about 95% of Vitebskoblagroproftrans. The sale of securities is carried out in accordance with the plan for the sale of shares of open joint-stock companies created in the process of denationalization and privatization of enterprises of regional communal property for 2008-2010. In total, three enterprises are planned for privatization through the sale of shares at auction in 2009. The auction announced earlier for November 30 for the sale of a package of shares of JSC "Lepelpromshveymebel" in the amount of 100% of the authorized fund (the starting price of the package is over Br1.371 billion) was declared failed due to the absence of participants. It is planned to announce repeated trading for this lot before the end of the year. Currently, the "Vitebskoblimushchestvo" fund is working to attract potential investors, in particular, Russian businessmen are showing interest in the assets of the sewing enterprise. In addition, before the end of the year, it is planned to complete the corporatization of three communal property enterprises. In total, the regional privatization plan provides for the corporatization of almost 20 communal enterprises until 2010 inclusive. -0-