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Romania's rotten problem

State-Owned Companies

The failed privatization of Oltchim brings back to public attention an old question of Romania’s transition: are privatizations still justified today, or are they a whim of the IMF which would destroy our economy, selling cheap our few remaining valuable assets? EFOR suggests to examine the SOEs in Romania and see whether they are indeed the crown jewels we like to think they are, and whether we have only giants like CEZ and EDF.

Read the brief here.

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