The meeting concerned the privatization of CFR Marfa and the sale of a minority stake in airline Tarom. Silaghi said the ministry plans to privatize the railway company by December 2012, underscoring that the target will be achieved even in a worst case scenario.
Still, an ordinance drafted by the Finance Ministry says the only privatization that may be carried out is the sale of a 20% stake in the airline, and even that is improbable, given the lack of interest from investors.
The minister and foreign officials also discussed the introduction of private management to state-owned companies. The ministry decided to expand the plan from the original two companies (CFR SA and CFR Calatori) to an additional eight with combined turnover of more than EUR7.3 million.