Premium
The privatization of the Romanian Post (Posta Romana) could begin this year, Communications Minister Marius Bostan said, on Friday upon signing a collaboration protocol between the Bucharest Stock Exchange (BVB) and the Ministry of Communications and for Information Society (MC) to support the small- and medium-sized entreprises in the IT&C sector.
Bostan specified that listing on the BVB would be a solution for the Romanian Post.
"When listing a company, it is very important that one has something to list, because the investors want to see a dividend plan, an operational plan; they don't want to see historic debts ,which are rescheduled anyway, they are at the Tax Authority. This is what investors want. Listing is a solution for the Romanian Post," the minister stressed.
The company is co-owned by the Romanian state, with 75 percent through the MC, and the Proprietatea Fund with 25 percent.AGERPRES
