07.14.2014

Romania's state assets authority and U.S. carmaker Ford have signed the papers completing the privatization of Automobile Craiova, the institution said Monday. more

06.27.2014

Investors interested in a majority stake in Romanian state-run postal company Posta Romana have until September 30, 2014 to submit offers, instead of the initial June 30 deadline, the Ministry for more

06.03.2014

Romanian insolvent chemical company Oltchim SA (OLT.RO) will not be shut down and will be privatized later if government does not manage to sell it on June 6, Economy Ministry Constantin Nita said more

05.22.2014

Romanian state-run copper producer Cuprumin Abrud will likely float 15% of its own shares in Bucharest next year, following a modernization process, Economy Minister Constantin Nita said Thursday. more

04.25.2014

Romania's minister-delegate for energy Razvan Nicolescu said Romania will have its first draft energy strategy by October. more

04.10.2014

Romania will resume the privatization process of its postal operator Posta Romana once the European Commission accepts a conversion of the company’s debt into shares and bids may be expected in more

03.05.2014

Romanian government will get EUR350 million at best for its 46% stake in Romtelecom that it put up for sale last year, deputy Mircea Cazan, member of the IT&C Committee of the Chamber of Deputies, more

12.24.2013

ZF has listed the main events of 2013 in Romanian business, which include the biggest-ever profit made by a company in Romania, the opening of the first bridge linking Romania to Bulgaria in more than more

12.18.2013

Romanian state-owned electricity distributor SC Electrica SA will split up into two companies ahead of a planned privatization process, according to a draft government decision. more

12.11.2013

Romania’s Transport Ministry expects privatization revenues of 11.4 million lei (EUR2.56 million) in 2014 from the sale of minority stakes in the companies it controls, according to the ministry’s more

11.05.2013

The International Monetary Fund would appreciate it if Romania completed the privatization of state-run freight railway carrier CFR Marfa before deadline, set for mid-2015, an IMF official said more

10.22.2013

Romania will restart privatization procedures for 51% in freight railway carrier CFR Marfa after talks to set a new privatization calendar with the International Monetary Fund and the European more

10.13.2013

Grup Feroviar Roman (GFR) has called on the Transport Ministry to make public the privatization contract of state-owned railway freight carrier CFR Marfa and for minister Ramona Manescu to get more

10.10.2013

Romanian Grup Feroviar Roman (GFR) has until Monday, October 14, to pay the remaining EUR170 million for 51% in state-owned railway freight carrier CFR Marfa, Transport Minister Ramona Manescu said more

10.09.2013

Romania’s government has not extended the privatization deadline of railway freight carrier CFR Marfa in Wednesday’s Cabinet meeting, which means the buyer, Grup Feroviar Roman (GFR), has until more

10.07.2013

The deadline for the completion of the sale of 51% in state-owned railway freight carrier CFR Marfa, initially due-mid October, will be pushed back to December 20, according to a draft government more

10.06.2013

The committee for the privatization of Romania’s state-owned freight railway carrier CFR Marfa is looking into extending the company's sale completion deadline and one of the proposed time limits is more

10.03.2013

Romania’s antitrust body will require additional information from Grup Feroviar Roman (GFR), which has won the auction to buy a 51% stake in state-owned railway freight carrier Marfa, Competition more

10.02.2013

Three consortia filed bids to advise on the sale of Romania’s state-run energy holding CE Hunedoara, the country’s Department for Energy, the majority shareholder of the company, said Wednesday. more

09.24.2013

Romanian Transport Minister Ramona Manescu Tuesday said the privatization procedure of railway freight carrier CFR Marfa is "on schedule," but it will be resumed if it is not finalized by mid-October more

09.16.2013

The Romanian Government has pledged to sell most state companies under the Economy Ministry in its letter of intent to the International Monetary Fund. more

09.11.2013

Romania’s Government Wednesday approved the conversion into shares of the state budget debts registered by postal operator Posta Romana, ahead of the company’s privatization. more

09.06.2013

Romanian chemical company Oltchim (OLT.RO) needs some EUR15 million for urgent technological investments, Economy Minister Varujan Vosganian said Friday, adding that the state-run company, which more

09.06.2013

Law firms Salans (currently Dentons), David&Baias, Bulboaca&Asociatii, Florea&Asociatii and Bostina&Asociatii have filed bids to advise the state on the sale of its 45.99% stake in Romanian telecom more

09.05.2013

Romania’s five regional investment funds (SIFs) plan to form a consortium to invest in state-run chemical company Oltchim after privatization, and propose a merger between the plant and Chimcomplex more