Monitoring the Implementation of the State Property Management Strategy in the Field of State-Owned Enterprises and Joint-Stock Companies

The Expert-Grup monitoring report shows that, although this is a necessary and well-founded reform, its implementation has so far proceeded at a pace well below the targets set:

225 entities with state capital in mid-2025 — compared with the target of 185 for 2027

no privatisation completed in three years

over a third of the portfolio — insolvent or inactive

near-zero profitability at state-owned enterprises, with 15 companies generating 98% of the sector's profit

nevertheless, payments to the state budget grew roughly sevenfold, to MDL 691 million in 2025

Explore all the findings, the assessment of the 69 actions and our recommendations in the interactive infographic:

Access the infographic here