BARANOVICHI DISTRICT EXECUTIVE COMMITTEE

BARANOVICHI DISTRICT EXECUTIVE COMMITTEE
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Main // Economy // Investors // SALE OF BLOCKS OF SHARES (STAKES) IN JOINT-STOCK COMPANIES

SALE OF BLOCKS OF SHARES (STAKES) IN JOINT-STOCK COMPANIES

Information for investors!

The Baranovichi District Executive Committee offers state-owned assets for sale: blocks of shares (stakes) in joint-stock companies.

In line with Law No. 2103-XII “On the privatization of state-owned property and the reorganization of state-run unitary enterprises into open joint-stock companies” as of 19 January 1993, shares can be sold to individuals, including individual entrepreneurs, foreign citizens and stateless persons, as well as legal entities of the Republic of Belarus (excluding state-run organizations and companies where the Republic of Belarus and (or) its administrative territories own more than 50% of shares in the authorized capital, as well as foreign states and their administrative territories, international organizations, foreign legal entities, as well as foreign organizations that are not legal entities).

Below is the list of joint-stock companies that offer blocks of shares to investors. Some blocks of shares are sold through a tender. To be able to buy them, investors need to fulfill a number of framework conditions (to invest in certain types of production, to retain staff and  create new jobs, to preserve benefits and allowances for employees, not to change the company’s core area of activity for a certain period, to get consent for the company conversion from the relevant executive committee). Tender terms will be finalized taking into account proposals of interested investors.

 No.

Company name

Government share in the authorized capital, %

Share in authorized capital available for sale, %

Sales method

For reference: book value of  the block of shares on sale, as of 1 October 2022, thousand rubles

Agriculture

1

Shchara Agro

22.17

22.17

auction

2,388.99

2

Utyos

49.99

49.99

tender

6,619.6


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