Romanian Govt Oks Electrica Muntenia Sud Sale To Italy’s Enel

The Romanian Government has approved the privatization of Romanian regional power distributor Electrica Muntenia Sud to Italy's utility Enel SpA (EN), Prime Minister Calin Popescu Tariceanu said Wednesday.The Romanian authorities agreed to sell the Romanian company to Enel in 2006, but the finalization of the process was postponed several times on technicalities. The deputy president of Romania’s privatization authority AVAS Laszlo Gyerko said earlier this month that the finalization of ...

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