Expert-Grup

Monitoring Report on the Implementation of the State Property Management Strategy for State-Owned Enterprises and Companies with Fully or Majority State Capital

Politici de creștere economicăSectorul financiarFinanțe publiceFriday, 24 April 20261561 views
Project:
Supporting the SOE reform by improving the legal framework, reorganization of PPA and enforcing good governance

Automatically translated summary. The full text is available in Romanian.

The Independent Think Tank “Expert-Grup”, with support from the Embassy of the Kingdom of the Netherlands in Moldova, has published a monitoring report on the State Property Management Strategy for 2023–2025. It assesses progress on state-owned enterprises and companies with fully or majority state capital, and finds reforms advancing too slowly.

Only part of the planned actions have been completed: 5 of 15 under General Objective 1, 5 of 30 under Objective 2 and 3 of 25 under Objective 3. At the start of 2025 the portfolio held 161 state enterprises and 66 commercial companies with state participation, yet the number of entities was still 225 on 30 June 2025, against a target of 185 by 2027. Over a third are insolvent, in liquidation, inactive or in difficulty.

State property rose from 9.3% of GDP in 2019 to 15.4% in 2024, mostly because of crisis-related intervention, while the direct contribution of state companies to value added is only 2.5-3% of GDP. Their share of national assets fell from 12.8% in 2022 to 11.6%. The report urges faster liquidation and privatisation, updated data on inactive entities, clear performance indicators and stronger corporate governance.

View the original in Romanian