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Landini, Tractorul's only suitor

The only investor to have explicitly expressed interest in Tractorul Brasov is Italy-based Landini, Privatisation minister Ovidiu Musetescu yesterday said. He says that Tractorul's situation (the about 2,600bn ROL debts) makes privatisation impossible unless a special law is issued

Ziarul Financiar · 8 aprilie 2003 · 1 min de citit

The only investor to have explicitly expressed interest in Tractorul Brasov is Italy-based Landini, Privatisation minister Ovidiu Musetescu yesterday said. He says that Tractorul’s situation (the about 2,600bn ROL debts) makes privatisation impossible unless a special law is issued. Landini was the company to provide the first licence for the combines built in Romania. “It is hard to believe we’ll get another offer besides Landini’s. We would be glad if we could strike a deal, considering Landini’s expertise in international acquisitions,” Musetescu says. ZF



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