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Friday, March 11, 2005
Business in Romania blog
The privatization contracts for the local power producers Electrica Moldova and Electrica Oltenia will be signed around March 15, Economy and Trade Minister Codrut Seres said.

The two Electrica branches were put up for privatization in April last year.

This past February, the government approved the privatization of each of the two electric companies to Germany's E.ON and CEZ from the Czech Republic.

Italy's Enel last July bought the main stake in the Banat and Dobrogea units for a total amount of 112 million euros.

Posted by Iulia Rasoiu : 3/11/2005 10:21:00 am Electrica branches could finalize privatization around March 15
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