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Friday, February 04, 2005
Business in Romania blog
The government yesterday authorized the Economy and Trade Ministry (MEC) to sign the privatization contracts of two branches of the local power plant Electrica, namely Electrica Moldova and Electrica Oltenia.

Germany's E.ON and Czechs from CEZ will buy the two companies.

The contracts could be signed within 10 days after the decision was enforced.

CEZ and E.ON submitted final offers to take over the two Electrica branches at the end of November.


Posted by Iulia Rasoiu : 2/04/2005 09:38:00 am Government approved the sale of two Electrica branches


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