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Banking

Romtelecom listing postponed.

Romtelecom listing postponed. The listing of Romtelecom on the local stock exchange is no longer possible this year, line minister Zsolt Nagy admitted. The consultants, CSFB and IEBA Trust, have not received all the information needed from Romtelecom, minister Nagy explained. He could not predict another deadline for the company’s listing. Though, he said that the barriers are rather technical and dismissed views that Romtelecom would refuse cooperation in response to the market regulator’s body decisions.  Romtelecom has frozen a massive investment programme this year citing the decisions of the market regulator body on the inter-connection fees.

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