English
PD-L deputy Nicuşor Păduraru, chairman of the Parliamentary Commission that investigates the situation of Nicolina SA Iaşi, has announced that the report that the commission has been working on is nearing completion.
"The deadline for presenting the report is October 27. We investigated a large number of people. We are waiting for the reply of the Court of Auditors. This report will illustrate a serious lack of coordination between the various authorities of the state. The National Anticorruption Department will have their hands full. You can"t claim there are discrepancies between the tender books and the way various assets were sold and yet have no one to blame for it", said Nicuşor Păduraru. "The volume of documents and the work methodology did not involve the verification of just one or two contracts, but rather poring over the entire activity of the company over the course of a long period, reviewing the documents that were signed, the people and the institutions that were involved in the privatization of the company. I am certain that after the completion of this report there will be aspects that will involve other entities as well, not just the Court of Auditors", the chairman of the investigation commission said.
"Nicolina" has ceased its operations in April 2005, when the privatization contract was cancelled as well, and ownership of the shares held since 2002 by a consortium consisting of the Association of Shareholders and "Mecanoexportimport" reverted to the Romanian state. The company later entered a reorganization program. In September 2008, the bankruptcy judge agreed to the request made by Nicolina SA itself to allow the company to enter bankruptcy. The company owes its 38 creditors 24.4 million lei, of which 15.6 million to the Iaşi department of the National Tax Administration.
The Chamber of Deputies appointed a commission intended to study how the company entered this situation. This structure was intended to assess the quality of the Authority for State Assets Recovery"s management of the company, once ownership of "Nicolina" reverted to the state. Besides the investigation of the Parliament, the court designated receiver and the management of Nicolina SA have drawn up and submitted to the bankruptcy judge a program for the restructuring of the company. According to this program, in the next two years, the company would sell off buildings, plots of land and equipment worth 47.6 million lei, in order to pay off the company"s 25 million in debt. The remaining funds would be used to resume production.
Nicolina SA" scope of activity is design, production and domestic and foreign distribution of equipment used in earthwork, constructions, road repair and maintenance, preparation and casting of cement concrete and of asphalt mixes, as well as metallic products. At this time, the main shareholders of the company - apart from AVAS, that owns 56.87% of the company"s share capital, are the Association of Employees (24.69%) and SIF II Moldova (15.88%), with the rest being held by individual and corporate investors.
Euro
Dolar SUA
Franc elveţian
Liră sterlină
Gram de aur
