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Gitenstein: Privatise energy through the Bourse if you want to attract investment

Autor: Andrei Chirileasa

31.03.2011, 23:44 16

Romania should privatise its energy companies through theBourse, using the Polish model, as this is the only way it can getnecessary investments to modernise and boost the efficiency of theenergy sector, stated the US ambassador Mark Gitenstein yesterday.

The US ambassador's speech, held on the opening of the Boursetrading session, included harsh statements about the waystate-owned energy companies are managed, on the creation of thetwo national energy companies, as well as on Romgaz' donation tothe state budget.

His speech largely resumes and reinforces the topics launched inrecent months by the representatives of Franklin Templeton USgroup, the manager of Fondul Proprietatea, which is trying topersuade the Government to sell on the Bourse stakes in state-ownedenergy companies, in which FP is a minority shareholder.

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