Bolojan: Listing of some state-owned companies on stock exchange will begin this year

The listing of some state-owned companies on the stock exchange will begin this year, Prime Minister Ilie Bolojan declared on Tuesday, specifying that, very likely, in the first week of August, information regarding this process will be made public.

"The stock exchange listing will begin this year, but it's not like a press conference that you announce from one day to the next. It's a long process that lasts at best six months and in a normal version approximately a year, because here we are not the only shareholders, there is also Fondul Proprietatea, there are evaluation procedures, there are aspects related to the stock exchange area, so a period of time is needed", explained Bolojan, in a press conference at Victoria Palace.

He mentioned that energy and transportation companies are to be listed.

"As for the companies, they are from the energy and transport sectors and, very likely, in the first week of August, we will make public the companies that are to be listed. Listing, from my point of view, is a good thing because it increases the capacity of the Romanian stock exchange to be a stock exchange in an emerging country that is developing, but, at the same time, it also increases the financing capacity of this company, the transparency in terms of managing its activity," the PM said.