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Transport companies to be listed on BVB with bigger than 5 pc share packages

Ministry of Transport (MT) is to put forward the Stock Exchange listing of share packages bigger than five percent, in case of the naval and air transport companies, announced on Thursday, in a press conference, director of the Privatization Division of the Transport Ministry Dragos Tanasoiu.

'We decided a second stage is needed as for the listing our companies on the Stock exchange because the five percent package previously announced proved unable to attract very serious investors. In a very short time, we are to propose a second privatization stage to the Government, referring to the listing of share packages up to 49 percent - the maximum possible - the state continuing to be a shareholder', stressed Dragos Tanasoiu. Stock exchange listing of the eight companies subordinated to the Ministry of Transport is to be launched in September and the brokerage companies set to implement this operation going to be selected in May, underlined the ministry representatives. According to law, one brokerage company can mediate the listing of two companies, at the most. The eight companies MT subordinated which will be listed on the Stock exchange are: National Company Bucharest Henri Coanda International Airport, National Company Bucharest Baneasa Aurel Vlaicu International Airport, Mihail Kogalniceanu - Constanta International Airport, Traian Vuia - Timisoara International Airport, Administration of Navigable Channels Constanta, Administration of the Maritime Danube Ports Galati, Administration of Maritime Ports Constanta and Administration of Danube Rivers Ports. Sursa: http://www.rompress.ro

Tags: companies listing packages share transport bvb air

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