STATE COMPANIES
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PM Citu: State Companies With Losses To Receive Budget Funds Only Based On Restructuring Plan
Romania’s Prime Minister Florin Citu announced Monday evening that state-owned companies with losses will receive state budget funds only based on restructuring plans.
Bucharest Stock Exchange: Freezing Minority Stakes Listings On Capital Market Goes Against Romania’s Interests
The Bucharest Stock Exchange on Thursday said the Romanian Parliament's adopting a bill banning for two years the listing of state-owned companies restricts the state's ability to use capita...
FP Urges Parliament to Reject Bill Suspending Sales of State-Owned Shares
Property restitution fund Fondul Proprietatea (FP.RO) urges lawmakers to reject a bill that would suspend all disposals of shares owned by the Romanian state a period of two years.
State Companies Post RON6.7B Profit And RON1.5B Loss In 2016
The Romanian Government on Wednesday took note of the activity report for 2016 of state-run public enterprises, which says their profit reached RON6.753 billion and their loss stood at RON1....
Romania To Introduce Private Management At Ten Other State Companies
The Romanian government will draft a list of at least ten state-run companies that will get corporate management and it will also improve the selection process, government spokesperson Dan S...
ASF Head: Listing 15 State Companies Would Bring Over EUR1B To State Coffers
The listing of 15 companies which have or have not been privatized yet, are either minority or majority owned by the state or have already been listed, would bring the government over EUR1 b...
Gross Profit Of Romanian State-Run Companies Reached RON2.74B In 2013
Romanian state-run companies’ revenues increased by RON6.49 billion in 2013 and the gross profit of the 228 active state-owned economic operators stood at RON2.74 billion, according to a rep...
Arrears Of Private And State Companies Rose To 20% Of Romania’s GDP During Crisis
Overdue debts of private companies and state-owned companies in Romania increased between 2008 and 2012, reaching around 20% of the country’s gross domestic product (nearly RON120 billion).
Romania Pledges To Sell Most Companies Held By Economy Ministry
The Romanian Government has pledged to sell most state companies under the Economy Ministry in its letter of intent to the International Monetary Fund.