Reuters:Romania power stake may raise 80 mln euros

The sale of a 15 percent stake in Romania's state-owned power grid operator Transelectrica could raise 80 million euros ($114.8 million) for the government, the head of the company said. The company aims to sell an additional stake of 12 percent through a capital increase, Transelectrica head Horia Hahaianu told state news agency Agerpres. The sale of both stakes is planned to take place this year. The government holds 73.7 percent in Transelectrica. The sale is part of a government ...

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