Following the request of an important European postal operator and due to the evolution of the local and international postal services market, the Ministry for Information Society has decided to extend until September 30 the deadline for the submission of the auction participation papers and the preliminary non-binding bids for the privatization of Posta Romana.
Romania attempted to privatize its postal operator early 2013 but no interested investors submitted bids by the May 28, 2013 deadline. In September last year, the government approved a plan to convert the postal operator’s debt to the state into shares before putting it up for privatization again.
Posta Romana is 75% owned by the state and 25% by investment fund Fondul Proprietatea (FP.RO).