National power company – The newly-created company to be privatized with portfolio investors

Romania’s national energy company Okayed by the government will be named Electrica and be privatized with portfolio investors, not a single strategic investor, to be a powerful company in the field, Prime Minister Calin Popescu Tariceanu said after a Cabinet meeting.The national power company was endorsed through an Emergency Ordinance, a type of law used by government when it aims to pass laws without steering them through Parliament.The prime minister explained the company will not be ...

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