Romanian Senate approves law banning listing of profitable state-owned companies for 2 years
The Romanian Senate plenary adopted the draft law initiated by the Social Democratic Party on Monday, May 4, banning the sale of assets of profitable state-owned companies until the end of 2027. The project will need a final vote from the…
Radu Dumitrescu · Journalist
· Updated · 2 min read
The Romanian Senate plenary adopted the draft law initiated by the Social Democratic Party on Monday, May 4, banning the sale of assets of profitable state-owned companies until the end of 2027. The project will need a final vote from the Chamber of Deputies before it becomes law.
The Social Democratic Party submitted the project to ban the sale of minority share packages in state-owned companies as a reaction to a reform and privatization initiative put forward by the Liberal Ilie Bolojan government.
