Romanian Romgaz to be Privatized

Politics ♦ Published: September 10, 2012; 21:38 ♦ (Vindobona)

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 (]

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…