Romania’s Economy Ministry, which owns 73.68% in Transelectrica, announced plans to sell a 15% stake later this year on the Bucharest bourse.
Hahaianu said Transelectrica plans to sell an additional stake of 12% in Bucharest to finance investments. Both transactions should occur simultaneous, he added.
Romanian government also wants to sell minority stakes in other key energy and oil companies, including OMV Petrom (SNP.RO), Transgaz (TGN.RO), Nuclearelectrica and Romgaz.
On the Bucharest stock exchange early Wednesday, Translectrica traded down 1.5% at RON22.65 (EUR5.3) a share.