Belgian post operator «bpost» to hold talks over potential investment in state-owned Romanian Post

The Romanian Post will start talks with the Belgian post operator, «bpost», which could become an investor in the Romanian state-owned postal service.

The discussions have been agreed by Romanian Prime Minister Victor Ponta and his Belgian counterpart Elio Di Rupo, who met recently in Brussels. Ponta said the Post privatization project was blocked in 2010, as the former Government wanted to keep the Post under state control for illegal and unscrupulous advantages, such as committing large frauds and ‘losing’ trials with agreed lawyers.

Last fall, the Government was planning to find a strategic investor for the Post, with the intention to sell 20% of the shares following a share capital increase.

Adapted from Romania-Insider