BNS president Dumitru Costin said the confederation and Basescu talked about the need to speed up privatization, attract capital and strengthen public-private partnerships, because the sector has not seen new investments in 30 years. The energy market’s consolidation was another topic; BNS said large quantities of cheap energy is traded “around the market,” causing problems for every beneficiary.

The confederation presented its program for the improvement of local heating distribution systems. Costin said the current system is inefficient, but changing it also requires financing.

The meeting, at Cotroceni Palace, was also attended by Agriculture Minister Valeriu Tabara and Economy Ministry state secretary Karoly Borbely.

BNS hopes the new meeting, in two weeks, will come up with material solutions.

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