Legislation amendment in the pipeline to speed up minor stake sales

The government is to reach a decision on how minor State-owned stakes in energy companies shall be sold, whereas for the rest of the companies with State participation, the privatization legislation will probably be amended by mid-year, president of the State Assets Resolution Authority (AVAS) Teodor Atanasiu told Rompres .'We suggested a simplified stock assessment for the companies where we hold less than five percent and we want to sell the stakes by open outcry bid. We hope that by ...

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