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Five companies agree with declassification of privatization contracts

Marţi, 28 noiembrie 2006, 0:00

Five out of six companies involved in the privatization of Romanian energy companies have informed the Economy Ministry in Bucharest about their agreement to declassify the privatization contracts. The sixth, Gaz de France, is expected to follow suit on Wednesday.

The five are OMV (Austria), E.ON Ruhrgas and E.ON Energie A.G. (Germany), CEZ a.s. (the Czech Republic) and ENEL Distribuzione (Italy). They have all bought majority stakes in Romanian energy companies through contracts that have become subject of controversies in Romania following a series of revelations about obscure privatization practices.

The Economy Ministry has announced that once everybody agrees with the declassification the contracts will be published on its website.

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