Romanian authorities and representatives of the International Monetary Fund discussed Thursday about the privatization of Oltchim and Cuprumin, as well as stake sales in other state-owned energy companies, according to the Economy Ministry.  The meeting included talks on company activity optimization, which would include stake sales, reorganization in view of privatization and the recapitalization of several companies, by drawing investment.
The talks focused on the privatization projects in the energy sector: the sale of 15 percent in gas transporter Transgaz, 9.84 percent in OMV Petrom, 15 percent in Romgaz and 15 percent in Transelectrica. Furthermore, there were talks on launching the privatization of the companies Cuprumin and Oltchim, and attracting investments at Avioane Craiova, Moldomin, Uzina Termoelectrica, Midia Navodari, CE Rovinari, CE Craiova and Termoelectrica's plants in Paroseni, Braila, Galati, Borzesti and Doicesti, the Economy Ministry said.

Mediafax