The state answered again the desperate need for companies of the Bucharest Stock Exchange with promises, reassuring it would use the capital market for "trial privatisations" of the minority stakes it owns in the energy sector companies.

"We will conduct a trial privatisation through the capital market for the energy sector companies at first, such as Nuclearelectrica and Hidroelectrica and float minority stakes and then - I cannot tell you exactly when, the strategic privatisation will follow," said Victor Cazana, head of the Office for State's Interests and Industrial Privatisation during the "Capital Market Year" seminar organised by ZF in partnership with the Bucharest Stock Exchange, the Fund Manager Association and SAI Muntenia Invest.

Read more on ZF.ro