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Government will ask state-owned companies for additional dividends

Energynomics

Prime Minister Ludovic Orban said that the Romanian government is currently analyzing the investment plans of state-owned companies, including those listed on the Bucharest Stock Exchange, in order to decide where to will ask for additional dividends, depending on the resources available to each company.

“We will move forward with requests for additional dividends. For the time being, we are developing a package of measures to support the economy. We are in a phase of evaluating the resources we have from the possible incomes, whether we are talking about financing on the international market, or financing on the domestic market, respectively bank lending, bonds to the population, institutional financing, European funds,” Ludovic Orban told ZF.

Thus, for the year 2020, the companies subordinated to the Romanian state could again distribute additional dividends as the growing budget deficit and the economic blockade on the basis of measures set by the quarantine has put immense pressure on public finances.

Autor: Energynomics

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