03.13.2012

The shares of Romanian state-owned power grid operator Transelectrica (TEL.RO) were suspended from trading Monday morning, as authorities are about to approve the minimum and maximum prices used in more

03.08.2012

The manager of Fondul Proprietatea (FP.RO) has hired US investment bank Citigroup to find buyers for EUR527.6 million worth of shares it holds in 13 energy and natural gas distribution companies more

03.01.2012

Gabriela Anghelache, president of the National Securities Commission (CNVM), the supervisory and regulatory authority of the capital market, says the stock exchange sale of minority stakes in energy more

02.23.2012

Romania will launch roadshows for a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) on February 27, while investors will be able to subscribe to the offering by more

02.15.2012

Romania plans to launch a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) early March, one of the brokers hired to help with the sale said Wednesday. more

02.02.2012

The Romanian Government has been promising the International Monetary Fund (IMF) for two years that it will sell on the stock exchange minority stakes in the main state-run companies in the energy more

01.26.2012

Fondul Proprietatea (FP.RO) has in the past year moved from Romanian state control in the hands of a group of private U.S. shareholders, marking the end of the biggest privatization in disguise in the more

01.24.2012

A consortium including US bank Goldman Sachs and Austria’s Erste Bank AG will broker the sale of a 15% stake in Romanian natural gas producer Romgaz, sources in the capital market told Mediafax more

01.18.2012

The Romanian government Wednesday approved selling stakes of 10% in power producers Hidroelectrica and Nuclearelectrica, as per an agreement with the International Monetary Fund. more

01.13.2012

The Government is bound by law to list stakes of at least 5% in 19 companies controlled by the state by the end of the year, which are included in the portfolio of Fondul Proprietatea (FP.RO). But more

01.11.2012

Three consortia including US banking corporations JP Morgan, Goldman Sachs and Citibank will submit offers to broker the sale of a 15% stake in Romanian natural gas producer Romgaz, sources in the more

12.28.2011

Romania’s Economy Ministry has extended until January 16 the deadline by which companies can bid to broker the floating of a 15% stake in state-owned natural gas producer Romgaz. more

12.15.2011

The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall. more

12.09.2011

The Romanian Economy Ministry will sell a 15% stake in natural gas producer Romgaz by end-June 2012, according to the government’s latest letter of intent to a EUR3.5 billion loan agreement with the more

12.08.2011

The Romanian Government reversed its decision to cancel the auction selecting a broker for the sale of a 20% stake in airline Tarom, after the rejected sole bidder updated its offer and halved the more

12.07.2011

PricewaterhouseCoopers Audit will supply the Communications Ministry with technical, economic and legal expertise in the evaluation of shareholder options on the listing of telephony operator more

12.07.2011

Romania’s planned initial public offering of a 10% stake in state-run hydropower generator Hidroelectrica will be concluded by end-October 2012, according to the country’s latest letter of intent more

12.05.2011

The Government reversed its decision to cancel the auction selecting a broker for the sale of a 20% stake in airline Tarom, after the rejected sole bidder changed its offer and halved the commission more

12.05.2011

The Romanian government expects to collect between EUR20 million and EUR60 million for the 20% stake it plans to sell in airline Tarom on the local stock market. more

11.28.2011

Brokers wishing to intermediate the listing of a 15% stake in Romanian state-owned gas producer Romgaz Medias can bid in the auction until December 29, the Economy Ministry said Monday in a news more

11.23.2011

Romania’s securities commission CNVM is not very keen on the idea that investment fund Fondul Proprietatea (FP.RO) might be listed on a foreign stock exchange, because it fears the move would more

11.22.2011

Romanian state-run hydropower generator Hidroelectrica could be floated on the Bucharest stock exchange in three to six months, once the technical details of the offering are completed, but an exact more

11.07.2011

Management at Romanian lender BCR added a new item on the shareholder meeting agenda set for November, namely talks on the floating of BCR stock, requested by regional investment fund SIF Moldova more

11.04.2011

The Communications Ministry run by the vice-president of the Onesti (eastern Romania) branch of the Democratic-Liberal Party (PD-L) Valerian Vreme has yet to choose a consultant to assist the more

10.18.2011

Computer solutions supplier Siveco Romania may float stock within the next five years on a Romanian market, either in Bucharest or in Sibiu, the company’s general manager Irina Socol said Tuesday. more