The state company Energocom increased its authorized capital by 5.5 times - in the amount of 1 billion 393 million 784 thousand lei - from 307 million 216 thousand to 1 billion 701 million lei.
As noted in its message, in particular, by the decision of the Public Property Agency, an additional private issue of shares of JSC Energocom for 1 billion 393 million 784 thousand lei was previously carried out at the expense of funds transferred by the Ministry of Finance. The National Commission for the Financial Market registered in the Register of Securities Issuers the results of an additional issue of Energocom in the amount of 1 billion 393 million 784 thousand lei, in the amount of 1393784 ordinary registered shares, with a nominal value of 1000 lei per share. The additional issue was carried out at the expense of cash. As a result, the authorized capital of JSC Energocom increased by 1 billion 393 million 784 thousand lei - from 307 million 216 thousand to 1 billion 701 million lei. It is divided into 1 million 701 thousand shares with a nominal value of 1000 lei per share. As InfoMarket agency reported earlier, during the gas crisis last year and Gazprom's threat to stop gas supplies to Moldova due to non-payment of gas, the government of Moldova approved the assignment of part of the debt of Termoelectrica to Moldovagaz to Energocom and the transfer of this money to Moldovagaz » to pay off the debt. By decision of the government, the Ministry of Finance, at the request of the Public Property Agency, from the funds provided for in the state budget for 2021, transferred to Energocom about 1 billion 393 million 784 thousand lei to increase the authorized capital of the company, and the Public Property Agency was entrusted through the management bodies of Energocom to ensure an additional private issue of shares in the amount of 1 billion 393 million 784 thousand lei and register it in accordance with the established procedure, as well as initiate negotiations and conclude an agreement between the companies "Moldovagaz" and Energocom on the assignment of the debt of Termoelectrica to "Moldovagaz" in the amount of 1 billion 330 million 621.6 thousand lei, to conclude a major deal for the assignment of the corresponding receivables belonging to "Moldovagaz" to Energocom, with the payment of this amount by Energocom to the company "Moldovagaz" in Moldovan lei. Energocom is 100% owned by the state. Energocom is the central electricity supplier. Since July 1, 2014, Energocom has been operating on the natural gas market of Moldova as a supplier of natural gas, has the right to carry out activities for the supply of natural gas at unregulated prices, import gas for the needs of the internal gas market of Moldova, conclude direct contracts for the supply of natural gas from imported sources as a supplier, with gas supply companies, transmission operators, etc. Energocom's net profit in 2020, compared to 2019, decreased by 16.4% and amounted to 24.47 million lei against 29.28 million lei a year earlier. The company's sales revenue decreased over the year by 10.1% - to 4 billion 019.76 million lei.// 14.03.2022 — InfoMarket
