privatisation
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Petrom privatisation options
Romanian authorities insist to sell 33% in Petrom and have the investor acquire control by a capital increase, while the IMF wants the privatisation done at one time by the sale of 51%. Petr...
Second resignation in Petrom's privatisation process
The man managing the files of the most important oil, natural gases and energy privatisations in Romania, Doru Laurian Badulescu, has quit his position as head of the Office for State's Inte...
Energy sector needs privatisation through foreign capital
The privatisation of companies in the electrical power sector is a necessity, as the Romanian authorities feel, yet the process has to be done by attracting foreign capital to support the ma...
S&P: privatisation capital to rating upgrade
Successful privatisation is the main requirement Romania has to meet in order to get "investment grade" for country rating, says Kevin Daly, Standard & Poor's sovereign rating director. The...
EIU: delayed privatisation hinders BCR growth
Extending the privatisation of Banca Comerciala Romana (Romanian Commercial Bank - BCR) until 2006 will result in losing significant opportunities for the bank to develop, given the expandin...
Chance of good money from privatisation missed?
The privatisation market in the Central and Eastern Europe is not what it used to be back in '95-'96, when countries like Poland and Hungary sold their most important companies. Romania miss...
Last call for privatisation. Liquidation comes next
The Privatisation Authority (APAPS) by the end of June will privatise all the 23 companies set to shed jobs. APAPS seems to have finally made a big decision: anything that cannot be privatis...
IMF wants Petrom privatisation started
The Romanian State has to announce openness to expressions of interest for Petrom's privatisation on the international market until September, as stipulated in the new supplementary economic...
Voiculescu interested in energy privatisation
Privatisation of the first two electricity distribution companies Electrica Banat and Dobrogea, the test of the Romanian energy industry reform, is interesting not only for the foreign capit...