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As many as 169 state-owned businesses said to have undergone ownership reform in 2009

As many as 169 state-owned businesses under the control of the central government were "reformed" in 2009, according to a report by the State Property Committee.

As BelaPAN  quotes the report, of the reformed businesses, 108 were turned into stock corporations. Two of the corporations, namely, furniture company RUVP Uskhod and Veras Minsk Manufacturing and Trading Integrated Company, involve private capital. A stake in the former belongs to Russia's TPUP Belarusles and a stake in the latter to Belarus' ZAT Statskevich.

Sixty-three state-owned businesses under the control of local governments reportedly underwent ownership reform in 2009, with 59 of them turned into stock corporations.

Three companies were auctioned off as "property complexes," including Dzyarzhynsk Textile Plant, Uzda Garment Factory and garment company KHUP Alesya in Vitsyebsk.

In 2009, the government sold its stakes in two stock corporations by order of the head of state. In particular, the government’s stake in BPS Bank was sold to Russia's Sberbank for $280.8 million and its stake in AAT Barysawbytspetsservice was sold to the company's staff for 82.5 million rubels.

National budget revenues from the use and sale of property under the control of the central government reportedly totaled 3,646.7 billion rubels ($1,273.7 million), or 29.6 percent more than the target for the year.