PRIVATIZATION
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Transgaz' Takeover of Moldovan Gas Company To Be Completed Next Week
The takeover of Moldova's natural gas company Vestmoldtransgaz by Romania's Transgaz will be finalized next week, when the privatization contract suspension clauses are closed, Romania's Economy ministry said Monday.
Transgaz Consortium Gets Outbid for Greek DESFA Privatization
A consortium of Italy's Snam, Spain's Energas, and Belgium's Fluxys have outbid Romania's Transgaz, Spain's Regasificadora del Noroeste, Reganosa Asset Investments, and EBRD for the privatiz...
Romanian Transgaz Signs Contract Taking Over Moldova's Gas Transmission Company
Romanian natural gas transmission company Transgaz (TGN.RO), through its Eurotransgaz division in the Republic of Moldova, signed the privatization contract by which it takes over Moldova's...
Romanian Transgaz Wins Privatization Bid for Moldovan Gas Pipeline Operator
Romanian natural gas transmission company Transgaz (TGN.RO) has won the tender for the privatization of Vestmoldtransgaz, the gas pipeline operator in neighboring Republic of Moldova, Moldov...
Transgaz, Reganosa Submit Binding Bid To Take Over Greek Gas Pipeline Operator DESFA
Romania's natural gas transmission company Transgaz in consortium with Spain's Reganosa have submitted a binding bid to acquire a 66% stake in Greece's gas transmission company DESFA.
Chimcomplex Submits Binding Bid to Take Over Oltchim Assets
Romanian chemical producer Chimcomplex Borzesti has submitted a “solid and binding bid” to take over assets of state-owned chemical plant Oltchim, company owner Stefan Vuza told Mediafax Thu...
A Decade Since Strategic Energy Privatizations: Electricity, Gas Bills And Fuel Price Doubled
In 2004-2005 Romania went through its most important wave of privatizations in the energy sector, when it opened one of the most powerful sectors of its economy to foreign investors.
Romania's Postal Company Privatization Falls Through, Govt To Rethink Strategy
The planned privatization of Romania's state-owned postal operator Posta Romana has fallen through as the sole interested bidder, Belgium's bpost, did not submit a binding bid for a 51% stak...
Romania Wants To Sell 26.69% In Rompetrol Rafinare For At Least $200M
Romania's government on Tuesday approved the privatization strategy for Rompetrol Rafinare (RRC.RO) and will not accept less than $200 million for a 26.69% stake in the oil refinery.