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Wednesday, December 22, 2004
CEC chairman Enache Jiru yesterday said investment bank JP Morgan, the privatization consultant, will develop the CEC privatization strategy by February 2005 when it will deliver it to the government.
According to the privatization schedule, the government plans to approve the strategy by the end of March 2005.
Romanian state will forward in the second half next year the bid offers to several banks and financial institutions interested in taking over CEC, and the entire process will be completed by the fall of 2005.
Posted by Iulia Rasoiu : 12/22/2004 09:52:00 am
New owner at CEC by fall 2005
According to the privatization schedule, the government plans to approve the strategy by the end of March 2005.
Romanian state will forward in the second half next year the bid offers to several banks and financial institutions interested in taking over CEC, and the entire process will be completed by the fall of 2005.
Posted by Iulia Rasoiu : 12/22/2004 09:52:00 am
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Local off-road ARO hits U.S. roads
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BCR buys gold from individuals and companies
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Ispat completes LNM buy and changes name to Mittal
Compulsory annual road use tax
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