Performance Report of Privatization Organization since 2005(Iranian calendar: 1384) to August 2010
Divesting 695000 Billion Rials Shares
The performance of Privatization Organization activities and the Statistics of divesting the state-owned enterprises to the cooperative, private and non-governmental public sectors since 2005(Iranian calendar: 1384) to the first half of August 2010 shows that it is divested totally 695000 billion Rials Shares in these years which most of them have been belonged to the Justice Shares.
The performance of Privatization Organization activities and the Statistics of divesting the state-owned enterprises to the cooperative, private and non-governmental public sectors since 2005(Iranian calendar: 1384) to the first half of August 2010 shows that it is divested totally 695000 billion Rials Shares in these years which most of them have been belonged to the Justice Shares.
According to Iranian Students News Agency (ISNA), since 2005(Iranian calendar: 1384) to 15, Aug. 2010, the government has divested 695,659 billion Rials shares which the most part, equal to 342000 billion Rials, are transferred to the Justice Shares and 118,642 billion Rials are divested to the non-governmental public sector as the debts rejected of the government. The remainder equal to 234,909 billion Rials has reached to the private sector. Therefore Justice Shares has been successive to allocate half of the State divestitures to it, and become the winner of privatization during this period.
Thus, since the execution of Principle 44, the performance of Privatization Organization indicates that Justice Shares has been able to allocate maximum of divesting sector since 2005 to 2010 and register the amount of 342,108 billion Rials. While in 2009 and the first half of 2010, any amount is divested to this section.
But next in line is the private sector with the highest divestitures of state-owned companies shares. Totally 234,909 billion Rials shares are divested to the private sector since 2005 to the half of August 2010. During this period, 2009 with 119,838 billion Rials was on the top of allocations of shares.
Non-governmental public sector that is received its shares in the form of rejected debts, is allotted the third rank in the tables of divestitures statistics so that the sum total of divested shares to this sector is 118,642 billion Rials since 2005 to 15, Aug. 2010. In 2008 and 2009, most of the shares are divested in the form of rejected debts.
While, since the beginning of the year thus far, the portion of divestiture of 2010 was 24,825 billion Rials, then 22,256 billion Rials of it divested through the stock exchange and 2,569 billion Rials through the tender. Then 22,025 billion Rials are for block divestitures of this period (Rena 17%, Iran Khodro 18% and SAIPA 18% blocks) which this amount is divested only to the private sector. In this period, it is not divested any shares to the non-governmental public sector regarding the rejected debts and Justice Shares.
But the statistics of divested companies number indicates that totally 331 companies are divested since 2005 to 15, Aug. 2010. Meanwhile 274 companies are divested to the private sector, 80 companies to the non-governmental public sector regarding the debts and 56 companies to the Justice Shares and peak of the divestitures was on 2007 with divestiture of 141 companies and on 2009 with divestiture of 106 companies.
Also, since the beginning of year to August 15th, totally 58 companies are divested which entirely were divested to the private sector and any of them are not divested to the Justice Shares and rejected debts.
Since 2005 to the half of August 2010, on the whole 10,316 billion Rials of preferential shares are divested that is equal to 6,492 million shares and the portion of 2010 is divestiture of 357 million shares in the value of 1,139 billion Rials.