The Supreme Council
of the Pridnestrovian Moldavian Republic

Official Website

MMP: the facts that one can and should speak

28.09.2016

Parliamentarians in the open discussion of the results of testing of the Accounting Chamber of the Moldavian Metallurgical Plant were forced to rely on the data that were made available. Chairman of the Committee on Economic Policy, Budget and Finance Alexander Martynov as a source of information called the Collection of financial transparency in 2014 and 2015. According to him, at the end of 2014 the equity ratio amounted to 11% of the enterprise. This means that only 11% of the assets financed by own funds. But a year later, the situation was much more pitiable - the rate fell to 5%. That is, the financial dependence of MMP from creditors up to 95%. Very - 32 million - and reduced the turnover of funds. In addition, if at the end of 2014 the profit was fixed at 7.9 million, the result of 2015 became a gross loss of $ 13.7 million. EGFSS revenue to budget decreased. The number of employees of the plant decreased by 125

At that MMP has a serious government support. Only the tax on income deputies ascertain decrease in the rate to 0.2% at the base for the steel industry 4.33%. That is, the rate decreased in 22 times, despite the fact that the law allows reduction of no more than twice.

Parliamentarians addressed to the Minister of the profile (it was simply no longer, as representatives of the plant after the closed part of the meeting in the hall did not come back) a lot of questions. Most of them remained unanswered. Parliamentarians have to draw conclusions on their own. They voiced their within reports. The main thing, as urged by deputies - the plant has to be safed by increasing the quality of their management.