Results 201 - 225 from 237 for "privatization"
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Transport Ministry Calls Off Bid To Select Broker For Tarom IPO
11.11.2011
Romanian Transport Ministry has canceled the auction to select a broker for the sale of a 20% stake in state-run airline Tarom, citing lack of interest from brokerage houses. more
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Economy Ministry: Russian TISE Interested In Buying Oltchim
11.10.2011
Russian electricity producer TISE is interested in buying the majority stake in chemical company Oltchim (OLT.RO), according to a news release issued Thursday by the Romanian Economy Ministry. more
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The Story Of Petromservice’s Insolvency
11.08.2011
Four years after Austria’s OMV paid EUR328 million to Sorin Ovidiu Vantu to take over Petromservice, two questions remain unanswered: why did the Austrian company pay so much to take over the more
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Romania To Sell Majority Stakes In Electrica Units, IMF Says
11.07.2011
Romanian government has agreed to sell its majority stakes in three units of state-run power company Electrica and to privatize the country’s planned energy holdings Oltenia and Hunedoara, an more
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IMF: Romania Needs Privatization, Private Management To Foil “Wise Guys”
11.07.2011
The government needs to hurry privatizations and the appointment of private management at state-owned companies, to decisively change the system where a privileged few enjoy undeserved profit, says more
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Romania Holds On To Majority Stake In Electrica - Sources
11.03.2011
Romanian government doesn’t agree with the International Monetary Fund’s proposal to privatize the state-run energy company Electrica, but will sell minority stakes in the company’s three more
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IMF Wants Romania To Privatize Electrica - Economy Ministry Official
10.31.2011
The International Monetary Fund is not highly interested in replacing low-efficiency thermal power producers with new units through privatization, but there is “pressure” to sell electricity more
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Cupru Min To Be Put Up For Privatization With Record Profit In First Half
10.31.2011
Cupru Min, which holds the rights to mine the largest copper deposit in Romania, near Rosia Poieni, accounting for some 60% of the total national copper reserves, will be put up for privatization more
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Romania Launches Tender To Select Broker For Oltchim’s Sale
10.28.2011
Romanian Economy Ministry will organize November 21 an auction to select a bank that will broker the sale of state-run chemical company Oltchim (OLT.RO), the company said Friday. more
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Romania To Privatize Oltchim By May 2012 – State Sec
10.26.2011
Romanian state-owned chemical company Oltchim (OLT.RO) will be privatized by April-May 2012, Wednesday said Karoly Brobely, secretary of state within the Economy Ministry. more
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Romania Receives Single Bid For Tarom IPO
10.17.2011
A consortium made of brokerage house Carpatica Invest and Swiss Capital Thursday has submitted the only offer to help with the sale of a 20% stake in Romanian state-run airline Tarom, people familiar more
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Copper Miner Cupru Min Up For Sale For RON200M - Sources
10.07.2011
Romanian state-run copper producer Cupru Min Abrud will be auctioned off next week at a starting price of around 200 million lei (EUR46.3 million), people at the Economy Ministry said Friday. more
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Defense Council Approves First Stage Of CFR Marfa Privatization
09.26.2011
Romania's Defense Council on Monday approved the draft Government Decision green-lighting the first stage of the privatization of national railway company CFR Marfa and mandating the Transport more
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Romania To Select Broker For Tarom IPO October 18
09.26.2011
Romanian Transport Ministry will select a broker to help with the public offering of a 20% stake in state-run airline Tarom on October 18, the ministry said Monday. more
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SIF Shareholders: We Are Disappointed By Erste’s Offer
09.20.2011
The shareholders of the five regional investment funds (SIF) say they are disappointed with the price offered by Austrian group Erste to take over 24.12% in BCR. They have yet to decide how they will more
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SIFs Get Much Less Than BCR Employees For Their Shares After Five Years Of Waiting
09.16.2011
Erste has finally persuaded four of the five regional investment funds (SIFs) to sell their stakes in BCR after more than one year of negotiations, but the Bucharest bourse loses one on the largest more
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Udrea Wants To Sell State-Owned Hotels
09.13.2011
Romanian Regional Development and Tourism Minister Elena Udrea said Tuesday, in a meeting with tour operators, that she wants to privatize the hotels managed by the State Protocol Patrimony more
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Transport Ministry To Select Advisor For Tarom IPO By End September
08.25.2011
Romanian Transport Ministry will select by end September the legal advisor and broker for the sale of a 20% stake in state-run airline Tarom. more
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Ten Seaside Hotel Operators With 10,000 Rooms Barely Match Turnover Of Two McDonald’s Restaurants
08.19.2011
The privatization of hotels on the Romanian Black Sea coast has had a paradoxical effect: lacking investments and efficient management, many hotels are empty. more
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Transport Ministry Sees Privatization Revenues Triple To RON50M
08.09.2011
The Romanian Transport Ministry will revise its privatization budget this year and expects it will obtain revenues of 52.5 million lei (about EUR12.3 million), mainly from dividends, triple compared more
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Fondul Proprietatea Willing To Help With Future Bourse Privatizations
07.28.2011
Greg Konieczny, manager of the EUR4 billion assets of Fondul Proprietatea, says Petrom’s offering had a “disappointing” result because it was not well structured. The fund’s official offered more
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Boc: Government Will Keep Majority In Strategic Companies
07.11.2011
Romanian Prime Minister Emil Boc said Monday that he supports selling minority stakes in companies of strategic importance, such as Trangaz (TGN.RO), Romgaz and Transelectrica (TEL.RO), but the state more
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Whoever Pays EUR610M First Can Get 9.8% In Petrom
07.08.2011
The government chose to sell the 9.84% in Petrom (SNP.RO) using a novel approach for the Romanian capital market: an auction starting from a maximum price of 0.46 lei (EUR0.11) per share without a more
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Special Committee To Oversee Privatization Of State-Owned Farming Companies
06.22.2011
Romania's Government on Wednesday decided to put together a special committee to oversee the privatization or management until sale of state-owned farming companies. more
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Proprietatea Fund: Romania’s Biggest Privatization At 50% Discount
06.02.2011
The reduction of the Romanian state’s stake in Fondul Proprietatea (FP.RO) to less than 33% transfers control over the investment fund’s EUR4 billion assets into the hands of private investors, more