Government Expects To Raise EUR450 From Sale Of Stakes In Petrom, Romgaz, Cupru Min

11.08.2012 By Ioana Tudor

Romania’s government expects to raise over 2 billion lei (EUR448.2 million) from the sale on the stock exchange of minority stakes in oil company OMV Petrom (SNP.RO) and natural gas producer Romgaz, and from the privatization of copper producer Cupru Min, which were all put off until next year.

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Keywords:
GOVERNMENT
, PRIVATIZATION
, SALE