STATE-OWNED COMPANIES
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EBRD Looks At SMEs And State-Owned Companies In Romania
The European Bank for Reconstruction and Development is interested in buying stakes in Romanian state-owned companies, but is also mulling the country’s small and medium sized companies, said Jean-Marc Peterschmitt, EBRD's managing director for Central and Sou...
Romania Delays State-Owned Companies' Sale Calendar; Pledges To Continue Reforms
Romania will launch an initial public offering of 15% in state-owned natural gas producer Romgaz by the end of October 2013, seven months later than initially planned, according to the count...
Basescu: All Objectives In Loan Agreement Met, Except Government Arrears
Romanian President Traian Basescu said Sunday, after the meeting with the IMF, European Commission and World Bank delegation, that Romania has met all of its objectives in the loan agreement...
State-Owned Companies To Crack Down On Debtors
The International Monetary Fund asked Romania to toughen up measures taken against clients who owe considerable sums to state-owned companies, using “legal measures” against those with arrea...
IMF: Top-40 State-Owned Companies To Hire Private Managers
Romania’s largest 30 to 40 state-owned companies will have private management, and the government will employ an internationally acknowledged head hunting firm for executive selection, accor...