Wednesday, November 29, 2006

 

Money for minicipal share of "Pskov bread company" sale gone for current city needs

All the money got for municipal share of "Pskov bread company" were spent for "current city needs", as the Head of the Committee for municipal property management Viktor Antipov said. As PIA reports stocks of "Pskov bread company" are now in the registration process.

In words of Viktor Antipov, new owner visited company twice and "although the management and workers feel suspicious he has no fear and doubts about future profiling change".

Antipov underlined that municipality has no task, no power to check the investor to whom the share was sold. "Our task is to sell the share with maximum profit and implement it with use. For the rest we have police and executive services, financial investigation service, FSB economical department, etc.", Jemal Malishev said, the Chairman of administrative and law committee.

On 16 November the municipality of Pskov city made a public offer for buying its share 49% of "Pskov bread company" for 30600000 rubles. Moscow company PrestigeInform, LLC bought it. The initital offer put on auction earlier was 50 millions rubles.

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