{"id":9996,"date":"2016-02-29T13:05:39","date_gmt":"2016-02-29T13:05:39","guid":{"rendered":""},"modified":"2022-05-06T15:39:32","modified_gmt":"2022-05-06T15:39:32","slug":"the-capital-increase-and-decrease-of-joint-stock-companies-under-the-ownership-of-a-public-institution-during-2015","status":"publish","type":"post","link":"https:\/\/ndiqparate.al\/?p=9996&lang=en","title":{"rendered":"The capital increase and decrease of Joint Stock Companies under the ownership of a public institution during 2015"},"content":{"rendered":"<div align=\"justify\">Open Data Albania is exploring changes in the basic capital of 120 joint stock companies under the ownership of a public institution (government) during 2014-2015. Research data were obtained from historical extracts contained in the database of the National Registration Center NRC.<p><\/p>\n<p>Changes in capital are an output of two procedures: Increase, or Decrease of the Company?s capital. The capital increase is due to: arrangement of the annual profits; additional contributions from shareholders; transfer of objects (assets) under the ownership, or management of the company; growth of reassessment of objects (assets), or transfer of assets; budget funds reallocation to the benefit of the company, or financial sponsorships etc.<\/p>\n<p>Reduction of capital occurs in cases when the adjustment of annual or carried forward losses is performed; revaluations of objects (assets) with losses; transfer of ownership for objects and assets; amortization and announcement of the assets as out of use.<br>On December 31 of 2015, 11 out of 120 joint stock companies under consideration had increased their own capital.<\/p>\n<p><sup><iframe width=\"600\" height=\"371\" frameborder=\"0\" seamless=\"\" scrolling=\"no\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1XCIXAHCdrhUpapEVNuPeXgknzgfsCUYkfDApUWJrTDs\/pubchart?oid=554376604&amp;format=interactive\"><\/iframe><br> <\/sup>\n<\/p><\/div>\n<p><sup>Source: National Registration Center (NRC)<br>Comments and analysis: ODA<\/sup><\/p>\n<p> <\/p>\n<div align=\"justify\">\n<div align=\"justify\">The highest growth of capital was recorded from &lt;a href = &#8220;http:\/\/open.data.al\/en\/corporates\/view\/id\/750\/cat_id\/3&#8221;&gt;Albanian Railways&lt;\/a&gt;, which has taken under its administration (possession) objects that were previously managed by local authorities. A capital increase was also recorded from &lt;a href = &#8220;http:\/\/open.data.al\/en\/corporates\/view\/id\/776\/cat_id\/3&#8221;&gt;Lanabregas Hydropower Plant &lt;\/a&gt;as a result of the transfer of assets (merger under the territorial jurisdiction) and &lt;a href = &#8220;http:\/\/open.data.al\/en\/corporates\/view\/id\/779\/cat_id\/3&#8221;&gt;Tirana Football Club&lt;\/a&gt; as a result of commercial sponsorship.<p><\/p>\n<p>On 31 December 2015, a capital reduction was recorded in some Joint Stock Companies with a public institution as a shareholder. In most of the cases the capital reduction was due to mismanagement and financial losses. \n  <\/p><\/div>\n<p><iframe width=\"600\" height=\"371\" frameborder=\"0\" scrolling=\"no\" seamless=\"\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1XCIXAHCdrhUpapEVNuPeXgknzgfsCUYkfDApUWJrTDs\/pubchart?oid=368234146&amp;format=interactive\"><\/iframe> \n<\/p><\/div>\n<p><sup>Source: National Registration Center (NRC)<br>Comments and analysis: ODA<\/sup><\/p>\n<p> <\/p>\n<div align=\"justify\">The capital of &lt;a href = &#8220;http:\/\/open.data.al\/en\/corporates\/view\/id\/714\/cat_id\/3&#8221;&gt;Military Clothing Manufacturing Enterprise&lt;\/a&gt; was reduced at a rate of 86% as a result of the arrangement of the annual and carried forward losses. &lt;a href = &#8220;http:\/\/open.data.al\/en\/corporates\/view\/id\/363\/cat_id\/3&#8221;&gt;Likewise Students Treatments Enterprise No. 3&lt;\/a&gt; recorded a rate of 29% in capital losses and &lt;a href = &#8220;http:\/\/open.data.al\/en\/corporates\/view\/id\/836\/cat_id\/3&#8221;&gt;Albafilm&lt;\/a&gt; a rate of 12%.<p><\/p>\n<p>Data on joint stock companies, capital, management, profits and annual turnover are accessible at &lt;a href = &#8220;http:\/\/open.data.al\/sq\/corporates\/list&#8221;&gt;Open Corporate Albania &lt;\/a&gt;according to a passport for each JSCs.\n<\/p><\/div>\n<p><sup><\/sup><\/p>\n<p> <\/p>\n<div align=\"center\"><b>Shareholder&nbsp; Capital Change of Business Organizations with a Public Institution as a shareholder, extracts obtained from NRC 2014 vs. 2015<\/b> \n<\/div>\n<p><sup><br><iframe width=\"600\" height=\"371\" frameborder=\"0\" seamless=\"\" scrolling=\"no\" src=\"https:\/\/docs.google.com\/spreadsheets\/d\/1XCIXAHCdrhUpapEVNuPeXgknzgfsCUYkfDApUWJrTDs\/pubchart?oid=1799950961&amp;format=interactive\"><\/iframe><br><\/sup><br><sup>Source: National Registration Center (NRC)<br>Comments and analysis: ODA<\/sup><\/p>\n<p> <\/p>\n<div align=\"justify\">Joint Stock Companies that have undergone the procedure of Changes in Equity during 2014-2015 are mainly under the possession of the Ministry of Economy, Trade and Energy that is 16 out of 22 joint stock companies. \n<\/div>\n\n\n<b>Comments and Analysis:<\/b> Open Data Albania<br>\n<b>Contribution by: <\/b> Griselda Ruci\n","protected":false},"excerpt":{"rendered":"<p>Open Data Albania is exploring changes in the basic capital of 120 joint stock companies under the ownership of a public institution (government) during 2014-2015. Research data were obtained from historical extracts contained in the database of the National Registration Center NRC. Changes in capital are an output of two procedures: Increase, or Decrease of the Company?s capital. The capital increase is due to: arrangement&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[57],"tags":[],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":25285,"url":"https:\/\/ndiqparate.al\/?p=25285&lang=en","url_meta":{"origin":9996,"position":0},"title":"AIS Position on the Upcoming Rule of Law Report","date":"February 20, 2026","format":false,"excerpt":"The organization AIS wishes to express its concerns regarding several critical aspects of the rule of law in Albania, with a focus on the State-Owned Enterprises (SOEs) sector and legislation affecting Public Procurement, Public-Private Partnerships (PPPs), and the privatization of state assets. 1. 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