“I will be on the first flight to Prague if a decision is made on the privatization process,” Jan Veskrna told a news conference. He said the shareholders of the Czech group have expressed interest in Electrica’s privatization.
Under a EUR5 billion loan agreement with the International Monetary Fund and the European Commission, Romania plans to privatize the three distribution units of Electrica and to sell its remaining shares in five other units which were privatized between 2005 and 2008.
CEZ, which bought the majority stake in Electrica’s unit Oltenia back in 2005, would be most interested in acquiring the Muntenia Nord unit if privatization procedures are launched, Veskrna said.