PRIVATIZATION
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Romania To Privatize Posta Romana By Mid-2013
Romanian state-owned postal company Posta Romana will be privatized through share capital increase by mid-June 2013, provided the European Commission approves the procedure, according to the...
Economy Ministry To Sell Owned Companies By End-April
Romania will privatize and launch initial public offerings targeting companies under the authority of the Economy Ministry by the end of April, the ministry head said Tuesday.
Transport Minister Says CFR Marfa Privatization Put On The Front Burner
Romania’s Transport Minister Relu Fenechiu said Tuesday, after talks with representatives of the International Monetary Fund (IMF), that the privatization of state-run freight rail company C...
Grup Feroviar Roman Interested In Buying Bulgaria’s Freight Railway Carrier BDZ Cargo
Romanian freight railroad transporter Grup Feroviar Roman (GFR) said Monday it bought the documents for the privatization of Bulgarian freight railway carrier BDZ Cargo and is analyzing the...
Romanian Government Sets Up National Tourism Authority
Romania’s Government on Saturday decided to set up the National Tourism Authority, which will operate within the Economy Ministry and will be coordinated by the minister-delegate for SMEs, T...
Economy Minister: Romania To Renegotiate With IMF Listing Of Key State-Owned Companies
Romania will continue underway listing procedures targeting state-run companies and will hold new talks with the International Monetary Fund on the companies whose listing has been put off,...
Romania Delays Again Key Privatizations; Timeframe Moved To December 2013
Romania’s government has extended by yet another year the deadline by which it plans to sell minority stakes in key state-run companies, according to a draft executive decision approved Tues...
Romania Receives Extra RON170M, Several Assets Through Automobile Craiova Sale
Romania’s privatization authority AVAS said Wednesday the privatization of carmaker Automobile Craiova has been completed and the state received extra 170 million lei (EUR37.5 million).
Georgescu: Romania To Invest Privatization Money In Key Energy, Transport Companies
Romania will invest revenues obtained from privatizations in strategic state-owned companies in the energy and transport sectors, Finance Minister Florin Georgescu said Friday.