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Wednesday, December 22, 2004

Selection of public offers for Electroputere

Mircea Ursache, president of the Authority for State Assets Recovery (AVAS), said yesterday that there will be a selection of public offers.

He added that the notice for the privatization offer will be published in local and international press by this yearend.

At the beginning of November, AVAS said it intends to negotiate to sell the shares it owns at Electroputere to the corporation formed by Siemens Aktiengesellschaft Transportation System, the ELPAS Craiova employees' association and DAB Greece.

In October, Ursache said AVAS was in final negotiations with the companies General Electric, Bombardier, Siemens and Electroputere employees' association.

Posted by Iulia Rasoiu : 12/22/2004 09:41:00 am