Fondul Proprietatea Presses Government To List Energy Companies, But Won’t List Its Own Assets

03.08.2012 By Roxana Petrescu

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 without considering the listing of these stakes. On the other hand, the fund has asked the Government to be more transparent and list its stakes in state-run energy companies.

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Keywords:: FONDUL PROPRIETATEA; , ASSETS; , LISTING

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