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Wednesday, January 19, 2005
Business in Romania blog
The government will debate on Thursday the privatization of two local power branches Electrica Moldova and Electrica Oltenia, which are to be taken over by Germany's E.ON and the Czech group CEZ, the Economy Minister Codrut Seres said.

Although Seres did not disclose the sale price, Reuters analysts forecast the Czech group would pay up to 201 million euros ($255.6 million) to control the main stake in Electrica Oltenia.

Posted by Iulia Rasoiu : 1/19/2005 10:18:00 am Privatization of two branches of Electrica to be discussed tomorrow
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