privatisation
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Law firms vying for $1-1.5m legal counselling for Petrom privatisation
The privatisation of SNP (National Oil Company) Petrom is the event of the year, not only on the oil market or for the Romanian finances, but also for the corporate law, as the legal counsel...
Layoffs for privatisation
LNM Holdings BV Group conditions takeover of Petrotub Roman and Siderurgica Resita to shedding 4,400 jobs, an issue now under negotiation with the Privatisation Authority (APAPS) officials....
Ruhrgas and Wintershall readying weapons for gas industry privatisation
Germany-based Ruhrgas and Wintershall, two of the largest natural gas companies in Europe have already made the first moves of their strategy to participate in the privatisation of the two m...
Domestic gas suppliers see privatisation by March 2004
The privatisation of the two large gas suppliers in Romania, Distrigaz Sud and Distrigaz Nord, will be completed by March 31, 2004, three months after the initial deadline, just as it happen...
Bankers reluctant to call sale of 25% in BCR to EBRD and IFC privatisation
The sale of 25% in the largest Romanian bank, Banca Comerciala Romana (Romanian Commercial Bank - BCR) to EBRD and IFC is met with reservations by bankers, as they feel the deal cannot be ca...
Siemens invited to Electroputere's privatisation
Romanian Government would like to see Germany's Siemens Group participate in the privatisation of companies on the Romanian market such as Electroputere Craiova. The Siemens officials said t...
Hungarian MOL competes in Petrom's privatisation race
Hungarian oil group MOL, one of the most aggressive players in the region, will buy the job specifications book for Petrom's privatisation, as explained by its representatives. No letter of...
Petrom privatisation: Billionaires only
Romanian companies are practically banned from the privatisation negotiations for SNP (National Oil Company) Petrom, as the company's privatisation notice stipulates the bidders' should have...
Petrom privatisation ad by August 15
The Romanian State will sell 33.34% in SNP (National Oil Company) Petrom, Romania's largest company, directly to a strategic investor. The sale will be followed by a capital increase, for th...