IMF: Romania To Put 15 Companies Under Private Management - financiare.ro
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News » August, 2011 » 1 August 2011

IMF: Romania To Put 15 Companies Under Private Management
01.08.2011, 17:39 | Economy | 1043 views



Romania and the International Monetary Fund have agreed on a list of 15 state-owned companies which will be run by private managers, IMF mission head Jeffrey Franks said Monday.

However, a definitive number is yet to be established, Franks told a news conference in Bucharest.

"It is the IMF's recommendation that the largest state-owned companies which are not up for privatization should be placed under private management," he said.

Read more on Mediafax.ro




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