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Romanian Romgaz to be Privatized
Politics ♦
Published: September 10, 2012; 21:38 ♦ (Vindobona)
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The privatization of Romgaz at Bukarest Stock Exchange may become Romania´s biggest IPO. According to the Romanian news agency hotnews, other big privatizations in Romania may be postponed.
Romanian Romgaz to be Privatized / Picture: © Wikimedia Commons / Waerfelu [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]
The privatization program is the main part of the loan agreement between IMF and Romania. However, the implementation is rather slow, IMF says. As a result, the privatization deadlines should be postponed.
The privatization of the 15% shareholding in Romgaz, which is the biggest energy company in Romania, should take place in spring 2013. The privatization may become the…
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