AVAS to stop post-privatization monitoring and archive six privatization contracts

C.P. (Tradus de Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 28 septembrie 2009

AVAS (the Authority for State Assets Recovery) will discontinue the post-privatization monitoring of six companies which were privatized between 1996 and 1998 and will archive the contracts for the sale of the stakes in the companies, the institution said in a press release.

This decision concerns the following companies: Danderburg Timişoara, privatized in April 1997, Carion GML Constanţa - (June 1996), Cabana Miercurea Băi of Miercurea Sibiului, (August 1996), Stimat CO Timişoara, (privatized in January 1997), MC 4 Silvia Iaşi, (April 1998), and Rotiseria Farul Constanţa, (June 1996).

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