The central depositary, the state institution that operates the post transactioning for the Bucharest stock Exchange, announced that majority stakes and control shares owned by the state in various energy companies have been trasferred from the Ministry of Economy to the Ministry of Energy, according to economica.net.

The overall value of the nine companies moved by the state is worth, according to today`s market capitalization,about 10.2 billion euro, about 35% of the overall BSE capitalization, while the states’ shares are worth about 4.8 billion euro.

As such, the Emergency Ordinance 86-2014 was applied, transferring share packages of 81.27%of Nuclearelectrica, 48.78% of Electrica, 70% of Romgaz, 44.69% of Rompetrol Rafinare, 59.62% of Oil Terminal, 58.71% of Conpet Ploieşti  and 20.63% of OMV Petrom (SNP).

State also owns majority stakes in companies that operate natural gas transport via national pipes- Transgaz- with 58.5% and electricity – Transelectrica (58.7%).

Source

economica.net

Autor: Gabriel Avăcăriței

Gabriel Avăcăriței is a journalist and communicator with over a decade of experience in Romania’s energy sector. Since 2013, he has been Editor-in-Chief of Energynomics, the country’s leading B2B communication platform for the energy industry. He moderates all Energynomics conferences and debates, bringing clarity and depth to discussions among policymakers, business leaders, and innovators. Under his leadership, Energynomics has evolved into the most comprehensive editorial project in Romania’s energy field, combining a news website, quarterly magazine, and a wide portfolio of industry events that inform and connect the energy community.