In an interview for BURSA, Adriean Videanu, the ministry of the Economy and Trade, speaks about the huge interest sparked by the state"s decision to sell its stake in "Petrom", about the progress of the governments" plan to sell part of its stakes in the energy companies. Minister Videanu revealed that he has reached a settlement with the Proprietatea Fund on the latter"s stake in "Nuclearelectrica", and said that the government intends to negotiate a better deal for the Romanian state in the gold business of Roşia Montană. Also, a discussion on the interest of foreign investors in our copper mines.
* How and when will the state"s holdings in energy companies be sold on the capital market
* Major interest for new projects in the metallurgic industry
* The government will review the way the stake of the Romanian state in the gold project of Roşia Montană was reduced and the possible transfer of the gold exploitation license
* The Ministry of the Economy wants to take over the place of Minvest in the Gold Corporation business
Reporter: Minister, how far along is the project for the sale of 11.84% of the state"s holding in "Petrom"? Same question for the sale on the Stock Exchange of the minority stakes in "Transelectrica", "Transgaz" and "Romgaz"?
Adriean Videanu: The Draft Government Decree concerning the sale of 11.84% of its stake in "Petrom" has currently received all the necessary permits and has already been read and discussed once in a government meeting. We have also drawn up the drafts bills concerning the sale on the stock exchange of stakes of 15% each in "Transelectrica" and "Transgaz", as well as the project to sell 15% of "Romgaz" as well. These drafts have been presented to the Executive for the first time as well and most likely on Wednesday they will be submitted for approval in the Government session.
