The state will temporarily become a shareholder of MOLDASIG S.A. The Public Property Agency will purchase on behalf of the state 480,000 newly issued shares of the company for MDL 137.52 million, bizlaw.md writes.

The shares will be resold on the regulated market of the Stock Exchange through public auctions in a single package. The starting price will consist of the purchase amount paid and the expenses incurred by the Agency to conduct the transaction. An additional MDL 1.3 million was allocated from the state reserve fund for this purpose.

The potential buyer with whom a preliminary agreement has been concluded and other investors who have received preliminary approval from the National Bank of Moldova (NBM) will be able to participate in the auction on equal terms.

In this context, it should be noted that Vienna Insurance Group (VIG), one of the largest players in the region in the insurance sector, has already submitted a bid for the acquisition of 80% of the shares of MOLDASIG S.A. and has received approval from the NBM for this transaction.

*EUR 1 = MDL 19.68 (May 23, 2025)