Spataru said the Ministry of Economy is currently analysing methods of attracting financial resources for companies in the ministry’s portfolio, other than loans from banks.
Apart from the much-expected initial public offering (IPO) of Romanian state-owned hydropower producer Hidroelectrica, the listing of Salrom’s shares meet the expectations of property restitution fund Fondul Proprietatea, a minority shareholder of the two companies that have advocated for a long period of time in favour of such steps.
Fondul Proprietatea holds 49% in Salrom and the Romanian State owns 51% of the shares.