The Moldovan government auctions 21 companies, starting today.

The state’s portfolios in these companies will get bids till March 31, as the expected total amount of over MDL702 mn ($35 mn.)  

The state bids the cognac producer Barza Albă, the cigarette maker Tutun-CTC, the hotel Chişinău, the carpet maker Floare-Carpet and the glass maker Glass Container Company.

Barza Albă is bid for MDL314,437,000.

Tutun-CTC sells its 90-per-cent stake at MDL295 mn. 

The state hopes to gain 1,162,000 lei from selling the hotel Chisinau.

Floare-Carpet, in which the state holds more than half of shares, is bid for MDL44 mn.

Glass Container Company’s starting price is MDL29 mn.