PRIVATIZATION
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2012, The Year Of Energy Sector Privatizations And Of The Black Sea Bet
2012 should come with a wave of asset sales in the energy sector, considering that all reorganization plans have failed. Electrica Serv, Electrica Furnizare, energy companies Oltenia and Hun...
Romania Hires KPMG To Assess Posta Romana Ahead Of Privatization
Romania's IT&C Ministry has selected audit and advisory firm KPMG Romania for the evaluation of the state-run postal company Posta Romana in view of privatization, the ministry said Friday.
Romania Seeks Assessor For Posta Romana Ahead Of Privatization
Romania's IT&C Ministry will launch a public tender December 22 to hire a professional assessment company for the evaluation of the state-run postal company Posta Romana in view of privatiza...
Romania Extends Bidding Deadline For Cupru Min Takeover
Romanian authorities extended by three months, until April 2012, the deadline by which companies can file bids to buy mining company Cupru Min, Economy Ministry official Claudiu Stafie said...
Romania To Select Advisers For Electrica Units Privatization By End March
The Romanian Economy Ministry will hire by March 31, 2012 advisers for the privatization of several units of power company Electrica SA, according to a couple of draft government decisions.
Economy Ministry Selects Adviser For Oltchim Privatization
The Economy Ministry on Monday announced that it has selected PricewaterhouseCoopers as advisers for the preparation and unfolding of privation at chemical plant Oltchim (OLT.RO).
Electrica To Transfer Supply Business To Electrica Furnizare
Romanian government has decided power company Electrica SA is to transfer its supply business to its unit Electrica Furnizare and to privatize the latter by end-October 2012, according to th...
Romania To Sell Stake Of At Least 20% In Posta Romana
Romanian government has pledged to find a strategic investor to buy at least 20% in postal company Posta Romana during a capital increase operation in 2012 and to start collective layoffs un...
PwC, KPMG And Taylor-DeJongh File Bids To Advise On Oltchim Sale
PricewaterhouseCoopers Management Consultants, KPMG Romania and investment bank Taylor-DeJongh have filed bids to advise on the sale of Romanian state-run chemical company Oltchim (OLT.RO),...