Tag: sale

EPCG management secretly negotiated the company’s sale – Montenegro, 11 June 2021

Montenegrin Prime Minister Zdravko Krivokapic said that the President of the Board of Directors of state-owned power utility EPCG Milutin Djukanovic secretly held talks on the sale of the company, without the Government’s permission. PM Krivokapic said that Djukanovic negotiated the sale of EPCG Full article available for subscribers of Energy NEWS service (PDF publications, […]

CEZ will freeze the sale of its assets if offered price is not high enough – Romania, 13 July 2020

Country Manager of CEZ Romania, a subsidiary of Czech energy company CEZ, Ondrej Safar said that the company could freeze the sale of its assets in Romania if it does not get the desired price. At the end of June, CEZ received the binding offers and is currently in the process of evaluating them. Full […]

OMV Petrom launches the sale of its Kazakh assets – Romania, 24 January 2020

The largest Romanian oil and gas company OMV Petrom, a part of Austrian OMV Group, has launched the sale of its oil and gas fields in Kazakhstan, its only overseas assets. The company already hired investment bank Jefferies to run the sale of its fully-owned onshore fields in the Tasbulat Area a Full article available […]