01.03.2012
The short-list of applicants for rendering the services of a financial consultant in the pilot privatisation project implemented by the National Agency of Investment and Privatisation was determined. 13 consulting companies and investment banks from Austria, Belarus, Belgium, the United Kingdom, Lithuania, Netherlands and USA were included into the list. It included all the “big four” of the largest global consulting companies (PricewaterhouseCoopers, Deloitte, Ernst&Young, KPMG), Raiffeisen Investment, CET, and other authoritative players in the market of financial consulting.
The evaluation board consisting of the representatives of the National Agency of Investment and Privatisation, Ministry of Economy, Ministry of Finance, State Property Committee selected from among more than 30 applications. At the same time, such criteria as the professional level of the team of experts offered, the company's experience in support of such privatisation deals, availability of a partner or representative office in Belarus. The final selection of 2-3 financial consultants will be carried out on the basis of financial and technical offers submitted by those short-listed.
At present the National Agency of Investment and Privatisation with the support of the World Bank is implementing a pilot project of privatization of 8 OJSCs (Belgazstroi, Minsk Margarine Factory, Avtomagistral, Construction and Assembly Trust No. 8, Baranovichi Reinforced-Concrete Structures Factory, Medplast, Konfa, Belsantechmontazh 2). Pursuant to the advanced international practice, the tasks of the financial consultants attracted include a complete analysis and preparation of enterprises for privatisation, market analysis, drawing up documents on the deal.
Co-operation with the leading consulting companies of the world will expand the opportunities to find strategic investors for the above enterprises and would enable to sell them on the conditions most favourable for the Republic of Belarus as well as will positively influence the investment image of the country.