PRIVATIZATION
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Privatization Money Will Be Wasted Unless Spent On Real Projects
Romania risks privatizing companies for nothing if the money goes to wage and pension payments. The government has to come up with real projects for spending the almost EUR240 million to be...
Bayfront Will Pool Investors To Finance Cupru Min Acquisition
Canadian Bayfront Capital Partners, sole shareholder of Roman Copper, will call on investors from Canada, Europe and the US to pay for the purchase of Romanian copper mining firm Cupru Min,...
Mystery Lingers Over Cupru Min Buyer. Government Says It Doesn’t Know Or Care Who Is Behind Roman Copper
For the past couple of days the Romanian business world has been asking who is behind a small Canadian company, with $4 million in turnover, which says it will pay EUR200 million for Cupru M...
Roman Copper Has No Investment Obligations Towards Cupru Min
Canadian Roman Copper, which was founded especially for the purchase of Romanian copper mining firm Cupru Min, has no investment obligation after the purchase, according to Florin Vladan, he...
Oltchim Privatization Auction Set For May 31
The auction for the privatization of Romanian chemical company Oltchim (OLT.RO) will take place on May 31, Florin Vladan, head of privatization authority OPSPI, told a news conference Tuesda...
Romania Mulls RON3.4B From Selling Shares In State Companies In 2012
The Romanian government estimates it will raise 3.44 billion lei (roughly EUR800 million) from selling shares in several state-run companies administrated by the industry privatization offic...
Five Groups And Consortia Filed Bids To Broker CFR Marfa Privatization - Sources
Five groups and consortia bid on a contract to broker the privatization of Romanian state-owned railway freight carrier CFR Marfa, which must be concluded by the end of October.
Romania Settles With Ford Over Unfulfilled Contractual Obligations
The number of cars Ford will produce at its plant in Romania will be "significantly" lower than as stated in the privatization contract, and the carmaker will postpone certain investments an...
Capital Market Sheriff On Privatizations: The Breath Of Fresh Air That The Bourse Needs
Gabriela Anghelache, president of the National Securities Commission (CNVM), the supervisory and regulatory authority of the capital market, says the stock exchange sale of minority stakes i...