Hidroelectrica, interested in selling 15% stake
Thursday, May 26, 2011
Hidroelectrica plans to sell a 15% stake, which will be done in 2012, Tudor Serban, adviser at the Ministry of Economy, told a press conference. 'The recommendations of the IMF letter refer to selling a 10% stake in Hidroelectrica, but it is possible to sell even more. There are still negotiations and the sale of a 15% stake is wanted. A committee will be chosen and the sale could be done in 2012,' said Tudor Serban. Hidroelectrica general manager Constantin Trihenea said that the ...