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

10.12.2011

Romanian Economy Ministry will hire a consortium made of investment companies BCR, Intercapital Invest and Swiss Capital to help with a secondary offering of 15% in state-run power grid operator more

10.06.2011

A consortium made of investment companies BCR, Intercapital Invest and Swiss Capital Thursday has submitted the only offer on file to broker the sale of a 15% stake in Romanian state-run power grid more

10.03.2011

The National Securities Commission (CNVM) at the end of last week approved the transfer of shares of electrical equipment producer Electromagnetica Bucuresti (ELMA.RO) from Rasdaq onto the regulated more

09.27.2011

Romanian Economy Ministry has delayed until October 6 the deadline by which brokers can file bids to run a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO), the more

09.26.2011

Franklin Templeton, the manager of the EUR3.6 billion assets of Fondul Proprietatea (FP.RO), expects the next general meeting of shareholders (AGA) to take place in November. more