Acasă » General Interest » Economics&Markets » Gov`t moves companies worth 4.8 bln. euro from Economy to Energy ministry

Gov`t moves companies worth 4.8 bln. euro from Economy to Energy ministry

27 January 2015
Economics&Markets
Gabriel Avăcăriței

The central depositary, the state institution that operates the post transactioning for the Bucharest stock Exchange, announced that majority stakes and control shares owned by the state in various energy companies have been trasferred from the Ministry of Economy to the Ministry of Energy, according to economica.net.

The overall value of the nine companies moved by the state is worth, according to today`s market capitalization,about 10.2 billion euro, about 35% of the overall BSE capitalization, while the states’ shares are worth about 4.8 billion euro.

As such, the Emergency Ordinance 86-2014 was applied, transferring share packages of 81.27%of Nuclearelectrica, 48.78% of Electrica, 70% of Romgaz, 44.69% of Rompetrol Rafinare, 59.62% of Oil Terminal, 58.71% of Conpet Ploieşti  and 20.63% of OMV Petrom (SNP).

State also owns majority stakes in companies that operate natural gas transport via national pipes- Transgaz- with 58.5% and electricity – Transelectrica (58.7%).

Source

economica.net

Autor: Gabriel Avăcăriței

A journalist experienced with both old and new media, Gabriel has been the editor in chief of Energynomics since 2013. His great command in communication, organizing information and publishing are put to work every working day in order to develop all the projects of the Energynomics B2B communication platform: website, magazine, and own-events.

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