Romania To List State-Owned Cos Stock In 2H, 2011 - financiare.ro
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News » January, 2011 » 9 January 2011

Romania To List State-Owned Cos Stock In 2H, 2011
09.01.2011, 13:19 | Capital Markets | 949 views



The listing of 15% stakes in Romanian state-owned companies Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz, is set for the second half of this year, according to an economy ministry document obtained by Mediafax.

Thus, new stakes in electricity transporter Transelectrica and natural gas transporter Transgaz Medias will be available in June and, respectively, September. The two companies are already listed on the Bucharest Stock Exchange, with 11.5% and 12.81% stakes, respectively.

The other company, Romgaz Medias, will float stock in December, according to the document.

Read more on Mediafax.ro




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