In an interview for BURSA, Crinuta Nicoleta Dumitrean, the chairwoman of the National Authority for the Restitution of Properties (ANRP) explains the possible options that the state has to increase his stake in the Proprietatea Fund, if the requests for compensation exceed the current stake of the Ministry of Finance. Mrs. Dumitrean also speaks about the institutions involved in the compensation process.
* (Interview with Crinuţa Nicoleta Dumitrean, the chairman of the National Authority for the Restitution of Properties)
Reporter: How many compensation cases are on the waiting list of the ANRP?
Crinuţa Nicoleta Dumitrean: So far the Cash Compensation Department of the ANRP has recorded 22,058 files with options (ed. note: compensation), of which approximately 13,700 cases are close to being solved.
Referring to the requests for options that concern the receiving of shares, I want to inform you that the afferent conversion deeds were issued to all the people that requested it.
So far, the National Authority for the Restitution of Properties issued 5,778 conversion deeds. All of them were sent to the Central Depository in order to be recorded in the Shareholder Registry of the Proprietatea Fund.
Reporter: What happens if the compensation requests exceed the size of the stake that the state still has in the Proprietatea Fund?
Crinuţa Nicoleta Dumitrean: The state can increase the share capital of the Proprietatea Fund by contributions in cash or in kind.
According to the Law no. 247/2005, "The Authority for the Recovery of the State"s Assets (AVAS) can transfer to the Proprietatea Fund, by way of a delivery protocol and without consideration, the right of ownership of additional blocks of shares apart from the ones mentioned in the appendix, to the extent that the AVAS holds or will hold a stake in the share capital
