PRIVATIZATION
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Romania To Pay CFR Marfa Privatization Consultants EUR375,000
The consortium Deloitte – Musat & Asociatii – Systra, which will advise the Romanian government on the privatization of rail freight company CFR Marfa, will receive EUR375,000 this year plus...
Four Companies File Non-binding Bids For Oltchim Privatization
Russian energy producer TISE, Germany’s PCC SE, Pegamont Ploiesti and Aisa Invest Cluj have submitted non-binding offers for the privatization of Romanian state-run chemical producer Oltchim...
Posta Romana's Privatization More Likely To Be Completed By End-Year – Minister
The privatization of Romania's postal company will be completed at the end of this year or in the first months of 2013, not in June 2012, as initially agreed with the IMF, which is an unreal...
Deloitte-led Consortium To Advise On CFR Marfa's Sale
Romanian Transport Ministry has selected a consortium comprising US consultancy firm Deloitte, Musat&Asociatii and France’s Systra to advise on the sale of state-run freight rail company CFR...
New Power Producers Set To Emerge After Three Years Of Restructuring Plans
The energy market in Romania will include two new companies this fall, Complexul Energetic Oltenia and Complexul Energetic Hunedoara. The two are what is left of the reorganization plans tha...
Cupru Min Privatization Failed Because Of Lack Of Information
The most important privatization of the past few years, that of copper producer Cupru Min, which exploits 60% of Romania’s national copper reserves, has failed, leaving only unanswered quest...
Cupru Min Privatization Fails As Roman Copper Rejects Conditions Imposed By Romania
The privatization of Romanian copper producer Cupru Min has failed as Canada-based Roman Copper Corp. refused to submit an environment investment guarantee, pay within 30 days EUR200.7 milli...
EXCLUSIVE: Romania Imposed Nonnegotiable Environment Protection Terms For Cupru Min Privatization
The conditions imposed by Romania’s Government in the draft contract to sell copper producer Cupru Min stated the prospective buyer will carry out additional water and road infrastructure in...
Bode: Romania, IMF To Revisit List Of Companies Up For Privatization
Romania and the International Monetary Fund will hold a new round of talks regarding the state companies proposed for privatization or listing on the Bucharest Stock Exchange, Economy Minist...