PRIVATIZATION
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Oltchim’s Sale Draws Interest From 13 Investors
The upcoming privatization of Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) has drawn interest from 13 companies so far, most of them foreign, the Economy Ministry said...
Oltchim Auction Put Off To September 18
Romania’s government has delayed until September 18 a sealed-bid auction for the privatization of state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), the state’s privatization office...
Electrica To Select Advisors For Units Sale By October 1
Romanian state-run power company Electrica SA will select advisors for the privatization of its units Electrica Furnizare and Electrica Serv on September 25 and October 1, respectively, the...
Oltchim To Be Privatized Through Sale Of State's Stake And Debts
Romania's Government has changed the privatization strategy for chemical producer Oltchim to a combined sale of the state's stake of 54.6% and the receivables held by privatization authority...
Oltchim’s Privatization To Kick Off With Sealed-Bid Auction Sept 14
The Romanian government has modified the privatization chart for state-run chemical company Oltchim SA (OLT.RO) and announced that will start the proceedings with a sealed-bid auction instea...
Transport Ministry Pledges To Privatize CFR Marfa By December
Romania's Transport Ministry has pledged to privatize railway freight carrier CFR Marfa by December 2012, says a statement released Wednesday, after minister Ovidiu Silaghi's meeting with th...
Transport Ministry Won't Privatize Any Company In 2012 – Government Document
Romania's Finance Ministry says in a document that the Transport Ministry will not carry out any privatizations this year, although the stand-by agreement with the IMF, European Commission a...
Govt Increases Number Of Electrica Shares To Be Sold In Bucharest
Romania’s Economy Ministry plans to sell stakes of 39% in each of the three distribution units belonging to state-run power company Electrica, according to a draft government decision.
Government Approves Plan To Sell 20% Stake In Posta Romana
Romania's Government has approved the plan to sell a stake of at least 20% in national postal operator Posta Romana to a strategic investor, through a capital raise, by September 30, as per...