“The Transgaz SPO is very close to being launched but we cannot announce a definite date yet. The SPO prospectus will be completed in a matter of days,” said Remus Vulpescu, head of the state’s industry privatization authority OPSPI.

Romania’s Government has postponed the SPO several times and the most recent term has been set for September. Transgaz Medias was listed on the Bucharest Stock Exchange in 2008.

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