The politician believes that the draft decision can be suspended at the moment it is presented for consideration by the committee or the council meeting. Currently, it has not been discussed either in the coalition or in the council of factions. Accordingly, at this moment, nothing is definitively suspended, as nothing has been brought forward. The municipality needs to assess its participation in each capital company. In this regard, the question of whether to maintain participation in RNP is being considered. Kleinbergs noted that a law has been passed to complete privatization, and there are many companies managing residential buildings in the market, so it makes sense to decide whether the municipality should maintain its participation in RNP or not. Currently, coalition partners are familiar with three possible options for the sale of RNP. The company has also been offered to negotiate with all factions of the council, including the opposition, while the city executive director has been tasked with preparing a possible draft decision. This draft was planned to be discussed with coalition partners to agree on whether to present it for consideration by the council, make amendments, or evaluate another option. Kleinbergs believes that a decision regarding the possible future of RNP should be made fairly quickly, as delaying such a decision confuses the people using the company's services. The Mayor of Riga emphasized that next week he will meet with representatives of the National Alliance as well as other factions to discuss issues related to maintaining participation in RNP. In his opinion, in a free market, clarity regarding the future of the company should be achieved as soon as possible. As reported, a draft decision has been prepared in the Riga City Council, providing for the sale of RNP, which belongs to the municipality. In turn, **potential investors like the fact that RNP has a stable cash flow that would generate profits for new shareholders**, [representatives of Latvian banks](https://bb.lv/statja/politika/2025/12/12/na-birze-gotovy-kupit-akcii-rnp-i-drugix-municipalnyx-kompanii-latvii-no-gotovy-li-ziteli-platit-procenty-investoram) with foreign capital reported. To facilitate the sale of the company's shares as part of a public offering of securities, RNP is planned to be reorganized into a joint-stock company. According to the mentioned draft decision, it is initially planned to sell a controlling stake in RNP by announcing a public offering for 51% of the company's shares and including the controlling stake in the regulated Baltic securities market with the start of trading in the official list of the Baltic Exchange. After the sale of the controlling stake, it is planned to sell the remaining equity shares. The company managing residential buildings, RNP, is currently fully owned by the Riga City Council. Its turnover in 2024 amounted to 80.569 million euros, which is 8.55% more than in 2023, and the company's profit reached nine million euros. RNP employs about 2000 people and manages approximately 3500 buildings. **Read: [The stock exchange is ready to buy shares of RNP and other municipal companies in Latvia. But are residents ready to pay interest to investors?](https://bb.lv/statja/politika/2025/12/12/na-birze-gotovy-kupit-akcii-rnp-i-drugix-municipalnyx-kompanii-latvii-no-gotovy-li-ziteli-platit-procenty-investoram)**