Romania to Sell Stakes in Energy Companies Eyed by EBRD
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Romania plans to sell minority stakes in nuclear and hydropower operators in the next 12 months as it needs significant investments in the energy industry, International Monetary Fund official Jeffrey Franks said.
The government will probably sell share packages of more than 10 percent of the country’s atomic power company Nuclearelectrica SA and the hydropower generator, Hidroelectrica SA, Franks, who is the IMF’s mission chief to Romania, said in an interview in Bucharest yesterday.