PRIVATIZATION
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Bourse Privatizations Lost Between Government Delays And Opposition's Neglect
The Social Liberal Union (USL), the leading opposition political force in Romania, on Friday presented its economic plan, which, however, does not include any reference to the stock exchange...
Enel: Romania Needs Energy Competition, Not Full Privatization
Romanian authorities need not privatize all energy companies or electricity producers, but the segment needs true competition, Friday said Luca D’Agnese, president of Enel Romania.
Romanian Oltchim's Debt To Become Stock, Not History - CEO
Romania will not erase the debts owed by chemical company Oltchim (OLT.RO), but it considers turning the debt into stock, in view of privatizing the company, Oltchim general manager Constant...
Legal Advisors For Privatizations To Be Selected By July
Romania's Government will appoint, by July, legal advisors for the stock it plans to sell in state companies CFR Marfa, Tarom, Petrom, Transelectrica, Transgaz, Romgaz, Hidroelectrica and Nu...
Romania Pledges To Float 20% In CFR Marfa By Yearend
Romania's Government will offer a 20% stake of state-owned railway company CFR Marfa by initial public offering, "with a view toward full privatization when market conditions permit," accord...
Oltchim Needs Strong Privatization Partner - GM
Romanian chemical company Oltchim Ramnicu-Valcea (OLT.RO) should be sold to a solid company, which considers the chemical plant's strategic importance and which would act to the benefit of e...
IMF: Romania To Sell Large Stakes In Key Energy Companies
Romanian authorities will make the necessary arrangements to sell “significant stakes” in several key energy companies in the coming months, including nuclear power company Nuclearelectrica...
Tarom Won't Be Privatized, Government To Sell Minority Package - Sources
The Romanian Government states, in the new letter of intent to the IMF, its goal to privatize chemical plant Oltchim and the Turceni, Rovinari and Craiova energy complexes, while its plan fo...
Romania Economy Ministry: Not A Good Time To Sell Oltchim
Romania will wait for the European Commission’s ruling on a debt conversion at chemical plant Oltchim (OLT.RO) before attempting to privatize the plant, the head of Economy Ministry’s privat...