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What is a tender?
Answer:
A tender is a method of selling companies - government capital, public gathering of potential buyers in conjunction with confirmed stipulations for selling. A company goes to tender, through the method of privatization when the particular company fulfills these criteria below:
Size,
Strategic significance,
Interested buyers.
These are standard procedures for purchasing a company that means:
Creating a memorandum of information along with instructions on participating in the tender
Creating analysis on the company from foreign potential buyers
Transmission of obligatory offers, discussions on elements of social and investment programs, guarantees and indemnification.
The buyer can be a domestic, foreign legal or physical entity.

After successful completion of tender, employees can earn without reimbursement the height of 15% capital that is being privatized.

Remaining at the least 15% capital of every company that is being privatized through public tender is used for apportionment to citizens without reimbursement.

Capital reserved for apportionment to citizens is identified in the Privatization Register.

Apportionment of capital will be completed within two years of estimated expiration through process of privatization.
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