Friday, January 23, 2009

Romania unlikely to list energy firms in 2009

BUCHAREST, Jan 23 (Reuters) - Romania is unlikely to list stakes in state-owned energy firms this year as the Bucharest Stock Exchange has been battered amid the mounting global crisis, a deputy economy minister said on Friday.

"It is very unlikely to have any of the energy companies listed this year, because there are many things to be discussed," deputy Economy Minister Tudor Serban told reporters in a news conference. He did not elaborate.

Romania had planned to list minority stakes in energy firms such as nuclear power operator Nuclearelectrica, hydropower producer Hidroelectrica or gas producer Romgaz.

Earlier on Friday, state-owned gas pipeline operator Transgaz TGNM.BX, one of Romania's two listed power firms, said it might buy back its 10 percent free float. (Reporting by Luiza Ilie; Editing by Jon Loades-Carter)

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