PRIVATIZATION
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Government Expects Letters Of Interest For CE Hunedoara Privatization By December 5
Romania's Department for Energy expects by December 5 letters of intent from prospective investors looking to participate in the privatization of energy holding CE Hunedoara.
Belgium's bpost Submits Sole Bid In Posta Romana Privatization
Belgian postal services operator bpost was the sole bidder for a 51% stake Romania is seeking to sell in its postal operator Posta Romana, the Romanian company said Tuesday.
EBRD May Explore Opportunities To Support Banking Sector Consolidation In Romania
The European Bank for Reconstruction and Development (EBRD), the international financial institution with EUR6.8 billion worth of investments in Romania, is still interested in supporting th...
Posta Romana Awaits Investors For 12 More Days
Romanian state-owned postal operator Posta Romana is preparing for its second privatization attempt. Investors interested in taking over the majority stake in the company must submit non-bin...
Voiculescu Case Highlights Need For Privatization Audit In Romania
The confiscations ordered in the Dan Voiculescu-Food Research Institute (ICA) case are a first for a privatization investigation, which shows the government can hope to recoup the losses in...
Romanian Blue Air Interested In Cyprus Airways Privatization
Romanian low-cost airliner Blue Air and investment fund Renaissance Capital, owned by Russian businessman Mikhail Prokhorov' Onexim group, plan to bid in the privatization of Cyprus Airways,...
Romania To File Suit Against Enel In Paris Arbitration Court; Will Ask For EUR521.6M
The Romanian government will file a suit against Italian utility Enel in the Paris Arbitration Court, demanding the Italian company pay over half a billion euros for a stake of 23.6% in Roma...
Ford Signs Papers Closing The Privatization Of Automobile Craiova
Romania's state assets authority and U.S. carmaker Ford have signed the papers completing the privatization of Automobile Craiova, the institution said Monday.
Romania Extends Bid Submission Deadline For Posta Romana Privatization
Investors interested in a majority stake in Romanian state-run postal company Posta Romana have until September 30, 2014 to submit offers, instead of the initial June 30 deadline, the Minist...