The state owns most of the minority stakes in companies operating in energy sector, such as Petrom, Rompetrol, Electrica, Enel, E.ON and GDF Suez.
Last July, Gabriel Dumitrascu, head of the privatization office with the Economy Ministry’s Energy Department, stated that the government plans to set up a fund with a capitalization exceeding EUR1 billion, that would include all minority stakes that the Energy Department owns.