Khodrocar – the situation of shareholders will be critical after the privatization because experiences shows that privatization was not successful in the past and it hade affect the shareholders. A look at the profit procedure of private companies like Bahman Group, shows that beside all sanctions and production decrease they made 207 IRRs profit for each share.
This suggests that the experience of privatization in the automotive industry is not a bad experience, and could become a model in this area, as a look at the growth of stocks of this automotive group after privatization also confirms this.
"In general, privatization in the definition of an organization means that the state's share of the company is transferred to the Ministry of Industry and its representation is given to the privatization organization, and the organization, through the advertisement, assigns this share to the individual and proceeds from it Treasury deposit In our case, privatization has taken place.” Mehdi Haji Vand, Chief expert of stock market told khodrocar reporter.
"The objection of privatization in Iran Khodro and Saipa is that so far no major block of these companies has been transferred to the private sector, for example, in Iran Khodro and Saipa, part of the shares were allocated to equity shares, which led the government to continue to appoint a CEO and Its board of directors, and part of the stock also remains in the hands of the government, because under the law, the government can take over 20% of the shares of these companies.” He added.
"On the other hand, the remainder of this share was not given to the private sector, so if the assumption was to take part in the private sector, because it was not the final decision maker, privatization in this sector was not very impressive. That the efficiency of the automakers will be realized before the privatization debate is refined by the structure of the automotive industry.” He said.
"If we define the five major problems of automakers, the main problem is the surplus of labor, while before the stock is transferred from the automaker, it is a commitment that must be made to maintain its surplus manpower, so how can the private sector Having a company with a surplus labor force would make a company profitable? But without regard to these cases, it is emphasized that privatization is flush.” Haji Vand said.
"Additional work should be delegated to the government, and if the automotive industry is to be damaged, it can use the solutions provided for in article 44 of the constitution, according to which the budget of the companies is allocated for the purpose of reforming the structures, until now Industry will improve. Meanwhile, one of the reasons why the auto industry in privatization has not reached the ideal point is to break the blocks of these car manufacturers so that we did not allow the private sector to become a strong stockholder.” He said.
The economy, which is expensive to supply raw materials and machinery, and there are no sanctions and international relations, and the government is always over the economy, even with the transfer to the private sector, will not see realization of real privatization.” He said.
In describing the benefits of privatization in the Bahman group and its positive effects on the shares of the group, it also points out that the avalanche group has worked well with all the problems and we hope the government will pull itself out of the industry to create real competition. Undoubtedly, the Avalanche Group with the views and actions that took place after privatization could be one of the claimants of the automotive industry in the country.
At the same time, this statement was filed by the group of automobile companies registered in the Bahman Group of 10 trillion rials. In the situation where the car industry, through sanctions, saw more than any other decrease in production and lack of cooperation of foreign partners, Bahman Group was able to achieve profitability through actions that can only be done through the private sector and promote the value of its shares in advance of privatization.