PRIVATIZATION
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Grampet-GFR Participates In Privatization Of Greece’s Train OSE
Romanian group Grampet-GFR, controlled by businessman Gruia Stoica, said Wednesday it will participate in the privatization of Greece’s state-owned freight railway operator Train OSE.
Isarescu: CFR Marfa Privatization, An Attempt To Escape Vicious Circle
Romanian central bank governor Mugur Isarescu said Monday the privatization of state companies that have monopoly or quasi-monopoly, such as railway freight carrier CFR Marfa, is a way out o...
Ponta Says Romania Has No Plans To Sell Majority Stakes In State-Run Enterprises
Romania’s new agreement with the International Monetary Fund and the European Commission doesn’t include giving up majority control of any of the state-owned companies, Prime Minister Victor...
Government: CSAT’s Failure To Issue Standpoint On CFR Marfa Sale Contract To Block Privatization
The Romanian high defense body CSAT's failure to issue a standpoint regarding the contract to sell a majority stake in state-owned freight railway carrier CFR Marfa will block privatization...
Electrica Claims Penalties Of Up To EUR2B From Enel, E.ON And CEZ
Romanian state-owned electricity distributor Electrica SA claims penalties of up to EUR2 billion from Italy’s Enel, German group E.ON and Czech power group CEZ for failing to meet several pr...
Romania Looking For Adviser To Help With Romtelecom Sale
Romania is searching for legal advisers to assist with the sale of its remaining holding in hard line telephony operator Romtelecom, the IT&C Ministry said Wednesday.
PM: CFR Marfa Privatization Contract To Be Signed After CSAT Meeting, Possibly In September
The contract to sell a majority stake in Romania’s state-owned freight railway carrier CFR Marfa will be signed after the country’s high defense body CSAT endorses it, possibly in September,...
Government Approves CFR Marfa Privatization Contract - Sources
Romania’s Government Wednesday approved the contract by which private railway company Grup Feroviar Roman (GFR) takes over 51% of state-owned freight railway carrier CFR Marfa, people close...
GFR In Talks With Key Financial Institutions To Get Money For CFR Marfa Takeover
Romanian private railway company Grup Feroviar Roman (GFR) is holding talks with major international financial institutions to obtain financing to take over state-owned freight railway carri...