Study:Romania could obtain 8.4 billion euro by the selling of its shares in the biggest state-run companies
Romania could obtain 8.4 billion euro out of the selling of shares owned at the most important state-owned companies thus covering 6.3% of the public debt, according to a study made by the Institute for Economic Research of Austria.
The sale of bonds for state-run companies listed on the stock exchange would bring 4.6 billion euro according to the quoted source which takes in consideration Romgaz, OMV Petrom, Nuclearelectrica, Transgaz, Rompetrol, Transelectrica, Conpet and Oil Terminal.
Moreover, the potential privatisation of the non-listed Hidroelectrica, Complexul Energetic Oltenia, Electrica Furnizare and Societatea Na?ional? a S?rii will bring to Romania income of 3.8 billion euro.
If the Romanian state would keep 25% share to these companies, where there is the possibility, income out of privatisation would mean 5 billion euro.
For the study there were taken into consideration 14 states in Europe, out of which ten in the euro zone and four (Romania, the Czech Republic, Poland and the UK) out of the region as a total, the potential sum which the 14 governments would have out of the privatisation of the state-run companies is 511 billion euro.
The analysts show that the income resulted from the potential privatisations should be used for investments, the stimulation of competitiveness and the increase of productivity, not for the reduction of the sovereign debt.