Romanian Post to be Privatized

Businessn.a. ♦ Published: December 18, 2012; 20:03 ♦ (Vindobona)

In total, 51% of the company will be sold. The Romanian state will keep a 24% stake in Post.

Romanian Post to be Privatized / Picture: © Vindobona.org

The Romanian government will sell a majority interest of Romanian Post. Initially, the government considered selling not more than 25%. Now, the Romanian state will only keep a minority interest. As 51% of the shares will be sold, the number of potential buyers will increase.

Until now, the Belgian Post signalized interest. By contrast, Austrian Post will not participate in the…