AcasăEurope NewsThree state companies that should be listed according to Recovery&Resilience Plan to...

Three state companies that should be listed according to Recovery&Resilience Plan to be decided by September

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The three state companies that should be listed or entered into a restructuring process, according to the requirement of the National Recovery and Resilience Plan, will be decided by September, said on Friday, the deputy secretary general of the Government, Adrian Tutuianu, at ARIR 2024 Forum with the theme „New horizons in relations with investors: European challenges”.

According to Tutuianu, some would not like this listing, but, he adds, „our job, those who are in direct contact with the OECD, is to convince that the reforms are necessary and must be implemented in order to fulfill our objectives. So sometime in the fall we will know which are the three companies and you know very well that the rating process on a regulated market requires somewhere up to a year and a half – two years, until you make the selection. The deadline established by PNNR is the second quarter of 2026”.

He explained that there is a working group on this topic, that he leads and which includes representatives from the Ministry of Transport, the Ministry of Energy and the General Secretariat of the Government.

Adrian Tutuianu believes that the right solution consists in the listing of companies, and this should be done not only through the sale of shares, but rather through an increase in share capital.

„I’ll give you an example, Metrorex, in order to be able to expand its networks it needs money. And then this mechanism of increasing share capital, by which you bring private investors to a public enterprise, I consider it very useful and generating positive effects in the economy,” said Adrian Tutuianu.

AGERPRES

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