“Romania must not keep out of these projects,” Nita told a news conference.
Romania sold a 15% stake in natural gas producer Romgaz for 1.7 billion lei (EUR382.8 million, $534 million) at an initial public offering which ended Thursday.
Following the offering, the Ministry of Economy will hold approximately a 70% interest in the company’s shares. Investment fund Fondul Proprietatea (FP.RO) will maintain its existing holding of approximately 14.99% interest and the public free float will comprise the remaining shares. (EUR1=RON4.4306)