News 20111110 privatization

1. News November 10th, 2011
Băsescu to German businessmen: Look
on the privatization of electricity supply
President Traian Băsescu presented German, on Thursday, business
investment opportunities in Romania, mentioning the privatization
processes in the energy, rail transport, agricultural potential and
tourism, due to virgin forests.
"If you look in the official program announced for the next period, Romania has resumed the
privatization process, particularly regarding two sectors - energy and transport, particularly rail
transport", said Băsescu at a conference hosted by Deutsche Bank in Berlin.
He also said that Romania has large coal energy complexes and it is clear that the yields and their
pollution level should be brought to modern standards.
Eng. Paul Keisch Page 1

2. News November 10th, 2011
"Therefore, it was decided in the future privatization of large coal-fired energy
complexes and here let me say: We are particularly interested in German
investors who hold power generation technologies on coal, we know that there
are technologies in Germany. And if you want, take it as an invitation, even
watch the privatization tender in Romania in terms of electricity production, a
sector that, until this year was an unoffered sector for privatization, "he
continued.
He told German businessmen that Romania aims also rail transport privatization.
"Of course, we know that there are too few interested in carrying passengers, but Freight Company
of Romanian Railways will soon be offered for privatization. We also believe that, given the tradition
in rail transport of Germany, the Romanian railway company can be of great interest", said the head
of the Romanian state.
Another sector was endorsed by President Băsescu, agricultural potential.
"Already this year, for example, agricultural production has reached quite high, comparable to those
of developed countries in the EU, but processing industry is very poorly developed. Therefore,
another area of the proposed investment, since raw material is in Romania, is food and we know
Germany is interested in organic food production development ", he said.
The Head of State underlined also investment opportunities in tourism.
"For those who do not know, Romania still has 30% of its forests primeval forests. Forests
untouched by man can be of great tourist interest. Not only forests but also the beauty of the
country is conducive to tourism development, emphasizing what we still have untouched by
civilization, but in a civilized manner, in a civilized travel. We have policies to stimulate such
investment, but it is clear that Romania alone has no capacity to quickly put in the value of these
benefits", said Traian Băsescu.
President Traian Băsescu said on Thursday after meeting with Angela Merkel, that Romania will
enter a large privatization process, listing in this, energy complexes in Turceni and Rovinari and
Craiova Thermal and CFR Marfă.
Asked in what areas Romania would attract German investors, Băsescu said that it is not a secret
that Romania will enter a process of "large privatization".
He listed energy complexes in Turceni and Rovinari, Craiova Thermal and CFR Marfă.
"Of course that is of major interest to us an involvement of German investors in a major space in the
privatization process with the German experience and technologies in use of coal in the energy
industry and also the quality of German railway technology. As therefore remains to see if we can be
also convincing", said president Băsescu.
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