PRIVATIZATION
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Romania Launches Tender To Select Broker For Oltchim’s Sale
Romanian Economy Ministry will organize November 21 an auction to select a bank that will broker the sale of state-run chemical company Oltchim (OLT.RO), the company said Friday.
Romania To Privatize Oltchim By May 2012 – State Sec
Romanian state-owned chemical company Oltchim (OLT.RO) will be privatized by April-May 2012, Wednesday said Karoly Brobely, secretary of state within the Economy Ministry.
Romania Receives Single Bid For Tarom IPO
A consortium made of brokerage house Carpatica Invest and Swiss Capital Thursday has submitted the only offer to help with the sale of a 20% stake in Romanian state-run airline Tarom, people...
Copper Miner Cupru Min Up For Sale For RON200M - Sources
Romanian state-run copper producer Cupru Min Abrud will be auctioned off next week at a starting price of around 200 million lei (EUR46.3 million), people at the Economy Ministry said Friday...
Defense Council Approves First Stage Of CFR Marfa Privatization
Romania's Defense Council on Monday approved the draft Government Decision green-lighting the first stage of the privatization of national railway company CFR Marfa and mandating the Transpo...
Romania To Select Broker For Tarom IPO October 18
Romanian Transport Ministry will select a broker to help with the public offering of a 20% stake in state-run airline Tarom on October 18, the ministry said Monday.
SIF Shareholders: We Are Disappointed By Erste’s Offer
The shareholders of the five regional investment funds (SIF) say they are disappointed with the price offered by Austrian group Erste to take over 24.12% in BCR. They have yet to decide how...
SIFs Get Much Less Than BCR Employees For Their Shares After Five Years Of Waiting
Erste has finally persuaded four of the five regional investment funds (SIFs) to sell their stakes in BCR after more than one year of negotiations, but the Bucharest bourse loses one on the...
Udrea Wants To Sell State-Owned Hotels
Romanian Regional Development and Tourism Minister Elena Udrea said Tuesday, in a meeting with tour operators, that she wants to privatize the hotels managed by the State Protocol Patrimony...