State-Owned Companies: Inquiry Committee Report Confirms a Worrying Diagnosis and Proposes an Action Plan That Can No Longer Be Postponed
Automatically translated summary. The full text is available in Romanian.
Independent Think Tank “Expert-Grup” has published a commentary on the report of the parliamentary Inquiry Committee on the activity of certain state-owned enterprises, presented to the Parliament of Moldova on 5 October 2026. It endorses the report's diagnosis and recommendations and urges Parliament to approve it with clear implementation follow-up.
The report is the first consolidated review of the sector and matches Expert-Grup's analyses since 2021. The State Register lists 513 state enterprises against 163 in the Public Property Register. Of the MDL 3.1 billion aggregate net profit in 2025, about three quarters came from three companies. Of 152 central-level enterprises, only 77 were active at 1 January 2026. Appointments and pay are detached from performance, insolvency is used to strip state assets, and the Government has never submitted the annual report required by Law No. 121/2007.
Expert-Grup backs the sequence of recommendations: first records and transparency, then depoliticised appointments and performance discipline, then reorganisation of the Public Property Agency and, under strict conditions, a state holding. It asks Parliament to approve the report with deadlines, a public implementation matrix and six-monthly reporting. It also proposes a three-stage reform by 2029, including competitive privatisation and stock-exchange listings.
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