The bids were opened Friday at the headquarters of the Communications Ministry.
The value of the contract to advise on the company’s privatization is estimated at between 128,000 lei (some EUR28,600) and RON500,000, VAT excluded.
At the end of July, the ministry said the state was seeking legal advice to sell its minority stake in the telecom operator.
The government would rather the shares were sold on the Bucharest bourse, but will wait for a standpoint from the legal adviser to be soon selected.
Romania also tried to privatize Romtelecom in 2005 and 2008 but failed.
The telecom operator is majority owned by Greek group OTE, which has been controlling 54.01% of the shares since 2001.
Romtelecom registered loss of RON232.02 million and turnover of RON3.02 billion in 2010.
Its loss rose to RON884.64 million in 2011 and its turnover fell to RON2.8 billion.
The company switched to profit, of RON312.63 million, in 2012. Its turnover amounted to RON2.73 billion last year. (EUR1=RON4.4725)