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August 5, 2021

State companies’ privatisation – between circles of power and ministries

As the vice-president of the Romanian Businessmen Association, Constantin Bostina claims privatisation should be carried out by a single structure, the Economy Minister Varujan Vosganian says privatisations were not concluded because the state companies were included in certain power circles.
“A unitary and clear policy in the field of privatisation should be carried out. The ministries representing the state in various companies should take care of reorganisation and the restructuring process in view of privatisation,” Bostina said on Friday, during a forum on Romania’s reindustrialisation at Mamaia, Mediafax informs.
Minister Varujan Vosganian said: “The reason for which there is no central structure is that the state companies in Romania were part of certain power circles, they has their clientele, they represented means to extend political influence, means to get financial support for certain projects.” According to Vosganian, the public opinion is considering minister’s force depending on the number of companies he is responsible for. The only companies not to be privatised, considers Vosganian, are the one in the defence field and some for public utility, adevarul.ro informs. “For the rest, we need to privatise the Economy Ministry. In this way the ministry’s employees will have incomes according to their performance. For RON 1,500 no specialist is going to work with the ministry,” Vosganian added.
On the other hand, Economy Minister Varujan Vosganian considers Romania should increase its exports and be open towards other markets, this target being one considered by all the EU countries.

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