The stock exchange listing of minority stakes in already listed public companies or of yet unlisted issuers, such as CEC or Otopeni Airport, is a still insufficiently exploited area the state must tap into in the immediate future, Prime Minister Ilie Bolojan declared, according AGERPRES.
"An important element is that of the financial markets and we need to mobilize resources on the Romanian financial markets. We have important reserves that can be capitalized on, if we list minority stakes in public companies that are already listed, without losing control over them, or list companies that aren't yet listed - like for instance CEC, or Otopeni Airport. In this way, we will ensure a better management of these companies, we will revitalize the stock market, make better use of the money placed in pension scheme assets, we will improve the transparency of these companies and, having a private shareholder, this will result in their better management, improved services and higher profits. It's an area insufficiently tapped into and we must tackle it in the immediate future," Bolojan explained on Friday in a press conference at the Victoria Palace of Government.
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