Transfer of government shares of car companies / Who are the applicants?

According to Tejarat News, the Deputy Minister of Privatization said: “What the government has as shares in Saipa and Iran Khodro companies is about 17.31% of Saipa Company and 5.72% of Iran Khodro, which is in the 1401 transfer list of private organizations.” contract.

Radio Wrote Hossein Amir Rahimi, head of companies and preparation of enterprises of the Privatization Organization, by participating in the news network table program of Khabar, said: The transfer of these two companies is a 10-year discussion in the Iranian economy and since 1989 and 1990 As a block even debt write-offs were assigned.

Rahimi also said about the part of the government shares that is collateral and cannot be transferred: this issue can be solved, but the government should be given an opportunity to be serious in the transfer plan, which according to the president’s order, the main applicant for government shares, Iran Khodro and Saipa companies.

Rahimi continued: “It will take a few months to reform the structure and liberalize the government’s stock certification, so that instead of the shares being certified by the bank, we can certify other assets of the company so that we can transfer the shares.”

Regarding the reason for the certification of government shares, he said: “It is because in the optimistic state it has a high liquidity status and banks are eager to provide facilities to companies in this way, and in the most pessimistic state it is to get a one to two year opportunity to transfer them.” .

Rahimi, referring to the criticism of the privatization and its management, explained: “When more than 50% of government shares in a company are transferred to the real private sector, complete privatization has taken place. There have been hardships and a series of resistances.

Rahimi continued: “The current laws of car companies are still provided by the government and the government complex, and in fact 5% and 18% of the shares in these companies are directly owned by the government, and if the privatization laws were taken into account, maybe now there are no orders and no laws.” It is not seen by government collections in these institutions.

He added: “The privatization organization, as the executor of the government in the matter of transfers, should first prioritize according to the discretion of the organization that in the new period and year, a maximum list of all companies that can really be included in the list has been prepared and approved.” Is.

He continued: Iran Khodro and Saipa are among the companies in which the government has a percentage of shares in this list.

The head of the companies and the preparation of the enterprises of the Privatization Organization said: “Based on the situation of this industry and its position in the production cycle, the priority is given to the transfer of these companies and companies related to the Ministry of Industry, Mines and Trade.”