Tag: IPO

Hidroelectrica’s IPO could bring 220 million euros to state budget – Romania, 3 April 2017

Former judicial administrator of Hidroelectrica during the company’s insolvency Remus Borza said that the listing of 15 % stake in state-owned electricity producer will bring almost 220 million euros to the Ministry of Finance, an amount that will allow the Government to fall in the 3 % budget deficit target assumed for 2017. According to […]

Hidroelectrica’s listing could take Romania to emerging market status – Romania, 22 March 2017

Chairman of the Bucharest Stock Exchange Administration Board Lucian Anghel said in an interview that the listing of electricity producer Hidroelectrica is needed for the Romanian capital market to upgrade to the status of emerging market and the Romanian state will be the main beneficiary of this promotion. Anghel said that the size requirement of […]

Hidroelectrica’s IPO unlikely to happen in 2017 – Romania, 28 February 2017

Portfolio Manager of the investment fund Fondul Proprietatea Greg Konieczny said in a press conference that there has been very little progress over the past few months regarding the initial public offering (IPO) of electricity producer Hidroelectrica, while a lot of decisions have been stalled within different committees and different levels of the Government. Konieczny […]