Romgaz says privatisation not appropriate right now

Romgaz general manager, Jakob Alexa said at the hearings at the parliamentary commission responsible for investigating the activities of the Economy and Trade Ministry (MEC), that Romgaz privatisation was not appropriate at this moment. 'It is pointless to privatise Romgaz now, at least until prices reach the market level', Romgaz general manager said. He showed that Romgaz did not have any bank loans and not it needed lending, because it was able to start maintenance and investments based ...

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