PRIVATIZATION
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CEZ Romania Says Group Interested In Electrica Privatization
Czech energy group CEZ is interested in participating in the privatization process of the remaining distribution units of Romanian state-run power company Electrica, the head of CEZ Romania...
Oltchim To Be Placed Under Administration
Romania's Government has decided to place chemical producer Oltchim (OLT.RO) under administration, in order to make the company solvent and get it ready for privatization later in the year.
Government: Privatization Of Power Plants To Continue
The Romanian government has pledged to continue a key privatization program in the energy sector agreed with the International Monetary Fund by selling majority stakes in four new power comp...
Head Of Bucharest Stock Exchange: Listing Program Should Continue, To Keep Investor Trust
Romania should continue the privatization and the listing of state-owned companies despite the change in government, to avoid losing foreign investors' trust, say capital market specialists.
Romania To Resume Cupru Min Sale 4 Months After Getting Environmental Permit
Romania’s new Cabinet, which will seek a confidence vote in Parliament Monday, will resume the sale of copper producer Cupru Min four months after the company gets an environmental permit, e...
Romania To Privatize Oltchim In September, Resume Cupru Min Sale
Romania will privatize chemical producer Oltchim Ramnicu Valcea (OLT.RO) in September and resume the sale of copper producer Cupru Min, the country’s minister-designate for economy, Daniel C...
Government Change Delays Romania's Privatization Plans
Oltchim Ramnicu Valcea (OLT.RO), the largest chemical plant in Romania, posted losses of 82.8 million lei (around EUR19 million), which means that for every day its privatization is delayed,...
Romania Cancels Auction To Select Adviser For Posta Romana Privatization
Romania’s Communications Ministry has cancelled an auction to select a legal adviser for the privatization of state-owned postal company Posta Romana, citing faulty proceedings.
Roman Copper Corp Enlists Big Names In Battle Over Cupru Min
The winner of the Cupru Min privatization auction, Roman Copper Corp, has hired one of Romania’s top law firms, NNDKP, run by Ion Nestor, in a desperate attempt to resume talks about the tak...