Romania wants to privatize or close down state research & development institutes

Romania’s Economy Ministry is planning to sell or shut down several research and development institutes and will consult with local and international bodies on the matter, according to an official document obtained by Mediafax newswire. Authorities are looking at nine state-owned research institutes and seven research and development companies, and the ministry seeks investors and EU funds to support the latter. The ministry wants to privatize ICSITPML, ICEM Iasi and IPROCHIM and reorganize EUROTEST. It also plans to privatize ISCIR and outsource some of the activities of SIMTEX Bucharest, which is undergoing reorganization. The ministry plans to shut down IPIU and BRML-CERT. Mediafax