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Hungary’s state-owned postal company Magyar Posta is interested in the privatisation of its Romanian peer, according to Budapest Business Journal. Magyar Posta said it could decide on a possible investment in Romania based on a review of the opportunities and conditions related to the privatization. The Romanian government said at the beginning of this week it will sell its 51 pc stake in Posta Romana. The privatisation dossier will be available for EUR 50,000 from March 11. Offers for the stake can be made until April 11. A second round will follow. Information Society Minister Dan Nica stated last week that over 10 investors have shown an interest in privatizing the Post. For submitting a bid, an investor must prove its solvency and show it has the financial resources for a capital increase in Posta Romana of at least EUR 150 M. The investors will also have to show they’ve never been “unreliable” in a government privatisation process before.Meanwhile, some 50 members of the Posta Romana trade union, wearing hoods and masks, protested yesterday at the company premises in Bucharest, demanding to receive their due salaries as negotiated and to be granted the due holidays, along with the dismissing of the management if the incomes of the company will not increase by 8-10 pc in 2013. Simultaneously, hundreds of postal employees picketed several prefect offices throughout the country. “I think it is dangerous that the state post of Hungary takes over Posta Romana. Given the amount of Hungarian extremism displayed in Budapest, we will have all envelopes written in Hungarian and we will be denied the right to write letters in Romanian! (…) It would be an unpardonable mistake to give Posta Romana, a traditional institution of Romania, on the hands of those who would turn it immediately in an instrument of chauvinist and extremist propaganda,” PSD deputy Bogdan Diaconu wrote on his blog. Romanian Post has a network of about 7,100 post offices, with a work force of about 32,000 people. Postal operators from Austria, Belgium, Germany, Italy, Sweden and the UK have been reported as interested in Romanian Post.