Romanian President agrees with businessman Dinu Patriciu

After yesterday's meeting of the Supreme Council for National Defense (CSAT), the President of Romania Traian Basescu announced that he was asking the government to reanalyze the project on the making of a national energy company, included in the government's energy strategy, because such an achievement would diminish competition and disobey some points in Romania's Treaty of Accession. The President argued: "I have demanded the government to reanalyze the idea of uniting energy producing companies, warning that this may diminish competition and interests in retechnologization for the big energy providers such as Mintia, Turceni and Rovinari. I admit I am no adept of such an achievement. I think it is too late for it, as it comes after the privatization of Petrom or of energy distributors. This option needs to be revised." (...)
It is to be noticed that the President's comments follow after businessman Dinu Patriciu expressed the same opinion. A short while ago he argued that to make a large company to engulf any energy company still not privatized would be a bad idea. "Since the market is free, it is energy producers that should be privatized", he commented.

G.M.
Ziua Miercuri 26 Septembrie 2007 http://www.ziua.net/english