Romanian state plans to keep 8 pct of Petrom, at leastPublish date: Astazi, 22-04-2010
Romanian state plans to keep a stake of 8 percent in Petrom Co., but it is going to sell part of held stake, announced the minister of Economy, Trade and Business Environment Adriean Videanu in a press conference.
"We are to keep at least 8 percent in Petrom, for safety. We take into account listing stocks on Bucharest Stock Exchange", said Videanu.
At the same time, Minister of Economy added he excludes the variant of completely giving up participation in Petrom. Petrom shareholders are OMV, leading energy group in Central and Southeastern Europe, with 51.01 percent of the stock. Ministry of Economy holds 20.64 percent of Petrom stock, Property Fund - 20.11 percent, the European Bank for Reconstruction and Development - 2.03 percent and 6.21 percent are traded on BVB.
- Insurance market stagnated in 2013 while GDP chare dropped to 1.3%
- The Romanian Leasing Market as of December 31, 2013
- Millennium Bank reports best results since its launch, helped by stronger banking income and cost cuts
- BCR cheapens First Home loans and lowers interest loans for loans in lei
- Millennium Bank's new Salary account clients receive up to 600 lei bonus and their utility bills' payment
- GarantiBank and Seamless introduce SEQR in Romania: the newest mobile payment solution
- Bancpost telecom services, now provided exclusively by Romtelecom and COSMOTE Romania
- Millennium Bank cards offer discounts in Domo stores
- BCR Supervisory Board reshuffles Management Board
- NBR decide to lower the monetary policy rate to 4.25 percent per annum
- Common appointments in Romtelecom and COSMOTE Romania
- Up to 5.5% annual interest rate for Millennium Bank's promotional three-month lei deposit
- Eurozone in recovery mode but gap between North and South still widening
- UniCredit Tiriac Bank and RBS Romania announce the successful completion of the retail clients' migration
- Millennium Bank grants First House loans in lei