STAKES
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SIF Moldova Sells Ownership Stakes In Electrica And Conpet; Sharply Reduces Stake In Transelectrica
Romanian regional investment fund SIF Moldova (SIF2.RO) sold its ownership stakes in state-run oil transporter Conpet and electricity distribution and supply company Electrica, in the third quarter of 2017, and reduced its ownership in state-run power grid ope...
Electrica Has New Executive Board, Buys Stakes Held By Fondul Proprietatea
The Ordinary General Meeting of Shareholders of electricity distribution and supply company Electrica SA (EL.RO) elected a new Executive Board, on October 26, which comprises seven members a...
Altur Slatina Plans To Sell Its Stakes In SIFs To Pay Back Its Debts
Shareholders of Romanian car parts maker Altur Slatina (ALT.RO) will discuss, at their next general assembly, the sale of stakes held by the company in the five regional investment funds (SI...
Fondul Proprietatea Mulls Sale Of Stakes In Enel Romanian Units
Romanian investment fund Fondul Proprietatea (FP.RO) is interested in selling its stakes in Romanian power companies controlled by Italian utility Enel, the fund’s manager, Greg Konieczny, s...
Privatization Authority Eyes Selling Its Minority Stakes In 81 Firms In 2013
Romania’s privatization authority AAAS plans to sell its minority stakes in 81 companies this year, authority head Adrian Constantin Volintiru said Tuesday.
Electrica Says Employees Could Pay EUR200M For 10% Stakes In Enel, E.ON Units
Romanian state-run energy company Electrica estimates revenues of at least EUR200 million from the sale of minority stakes in the local units of Italy’s Enel and German E.ON to the employees...