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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
06/01/2004 - 07/01/2004
New vice-president at HVB Bank Romania
Selection of public offers for Electroputere
Romania’s wine production-export increases
Oltchim Ramnicu Valcea increases profits
Local off-road ARO hits U.S. roads
Adidas relocates production to Romania and China
Montero group invests 2.4 Mln Euro in real estate
NBR proceeds with interest cuts
BCR buys gold from individuals and companies
BVB - RASDAQ merger postponed for mid 2005
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