The brokerage contract was concluded Monday, between the Economy Ministry and a consortium formed of Banca Comerciala Romana (BCR), Intercapital Invest and Swiss Capital.
Local authorities agreed with the International Monetary Fund to sell minority stakes in several companies, including energy transporters Transelectrica and Transgaz (TGN.RO).
The ministry holds a 73.68% stake in Transelectrica, while investment fund Fondul Proprietatea (FP.RO) holds 13.49%.
On the Bucharest stock exchange, Transelectrica shares were down 1.7% in late trade Monday.