08.27.2018

The takeover of Moldova's natural gas company Vestmoldtransgaz by Romania's Transgaz will be finalized next week, when the privatization contract suspension clauses are closed, Romania's Economy more

04.17.2018

A consortium of Italy's Snam, Spain's Energas, and Belgium's Fluxys have outbid Romania's Transgaz, Spain's Regasificadora del Noroeste, Reganosa Asset Investments, and EBRD for the privatization of more

03.29.2018

Romanian natural gas transmission company Transgaz (TGN.RO), through its Eurotransgaz division in the Republic of Moldova, signed the privatization contract by which it takes over Moldova's more

02.27.2018

Romanian natural gas transmission company Transgaz (TGN.RO) has won the tender for the privatization of Vestmoldtransgaz, the gas pipeline operator in neighboring Republic of Moldova, Moldovan prime more

02.19.2018

Romania's natural gas transmission company Transgaz in consortium with Spain's Reganosa have submitted a binding bid to acquire a 66% stake in Greece's gas transmission company DESFA. more

07.06.2017

Romanian chemical producer Chimcomplex Borzesti has submitted a “solid and binding bid” to take over assets of state-owned chemical plant Oltchim, company owner Stefan Vuza told Mediafax Thursday. more

10.08.2015

In 2004-2005 Romania went through its most important wave of privatizations in the energy sector, when it opened one of the most powerful sectors of its economy to foreign investors. more

09.15.2015

The planned privatization of Romania's state-owned postal operator Posta Romana has fallen through as the sole interested bidder, Belgium's bpost, did not submit a binding bid for a 51% stake in the more

07.28.2015

Romania's government on Tuesday approved the privatization strategy for Rompetrol Rafinare (RRC.RO) and will not accept less than $200 million for a 26.69% stake in the oil refinery. more

07.22.2015

Romania will spend EUR1.2 million this year on consultancy and evaluation services in view of privatizing railway freight carrier CFR Marfa, according to the Transport Ministry's privatization more

07.10.2015

A Chinese petrochemical company has expressed interest in buying Romanian state-run chemical plant Oltchim and exploiting crude oil locally which will be used to obtain raw material needed to keep more

06.18.2015

Romania’s Transport Ministry wants to change the privatization strategy of state-owned railway freight carrier CFR Marfa and plans to sell a 51% stake on the stock market, according to state more

03.10.2015

Romania’s Transport Minister Ioan Rus on Tuesday said the privatization process of state-owned railway freight carrier CFR Marfa will be completed in 2016, as agreed with the International Monetary more

02.09.2015

Romania's Transport Ministry will select a consultant to resume the privatization process of state-owned railway freight carrier CFR Marfa, Prime Minister Victor Ponta announced Monday. more

02.03.2015

Romania's Ministry for Information Society has accepted the non-binding offer of Belgian postal operator bpost seeking to acquire 51% in Romanian state-owned postal company Posta Romana. more

01.28.2015

Belgium’s Bpost, which made the only non-binding offer to buy 51% in state-owned postal operator Posta Romana, might submit a binding bid along with a contract sample and a set of conditions in more

12.15.2014

U.S. company Quintana Minerals Corporation is interested in the privatization of state-owned coal and electricity producer CE Hunedoara and required information on the state company from Romania's more

11.26.2014

Investment fund Fondul Proprietatea (FP.RO), a minority shareholder in state-owned aircraft parts maker Romaero Baneasa (RORX.RO), calls for the urgent privatization of the manufacturer. more

11.18.2014

Romania's Department for Energy expects by December 5 letters of intent from prospective investors looking to participate in the privatization of energy holding CE Hunedoara. more

09.30.2014

Belgian postal services operator bpost was the sole bidder for a 51% stake Romania is seeking to sell in its postal operator Posta Romana, the Romanian company said Tuesday. more

09.30.2014

The European Bank for Reconstruction and Development (EBRD), the international financial institution with EUR6.8 billion worth of investments in Romania, is still interested in supporting the more

09.19.2014

Romanian state-owned postal operator Posta Romana is preparing for its second privatization attempt. Investors interested in taking over the majority stake in the company must submit non-binding bids more

08.11.2014

The confiscations ordered in the Dan Voiculescu-Food Research Institute (ICA) case are a first for a privatization investigation, which shows the government can hope to recoup the losses in other more

07.24.2014

Romanian low-cost airliner Blue Air and investment fund Renaissance Capital, owned by Russian businessman Mikhail Prokhorov' Onexim group, plan to bid in the privatization of Cyprus Airways, the more

07.23.2014

The Romanian government will file a suit against Italian utility Enel in the Paris Arbitration Court, demanding the Italian company pay over half a billion euros for a stake of 23.6% in Romanian more