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State Privatization Committee monitored 700 joint-stock companies for possible privatization

Business Materials 2 August 2006 13:06 (UTC +04:00)

From the beginning of 2006, nearly 30 JSC stock bargains have passed in the Auction center for specialized auctions organization. Trend reports with reference to the release of the State Statistics Committee, stocks of nearly 120 joint-stock companies have been sold at these auctions.

In order to study the effective management and preservation of state property fully or partially in governmental disposal and production activities at the enterprises, the Committee arranged monitoring in some 700 joint-stock companies.

The committee release says the monitoring aimed at raising investments in privatized facilities and opening new workplaces, as well as increasing the budget revenues from sale of stocks in privatized enterprises.

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