Tarom privatization begins by listing on the stock exchange

The idea of ​​listing Tarom at the stock exchange is not new. In 2011, the Government approved the sale on the stock exchange of 20% of the company’s shares.

However, the decision remained at the stage of intent until 2015, when the Ponta Government began negotiations for the sale of a package of 51% of the share capital. Subsequently, the Marcel Ciolacu government would have discussed the sale of Tarom with Emirates representatives.

Valentin Stefan is talking about La Tarom now at the « Free Market Road Show » conference, dedicated to supporting free markets.

According to Economica.net, the head of the Romanian Post referred to the state aviation operator in the context of a speech in which he spoke about an opening to the market and more Laxi regulations.

« The listing of state-owned companies could radically change this model. It means clear rules, objective evaluations and responsibility. It would force a change of culture, one based on transparency and results. For entities that cannot support this rhythm, integration into a already stable functional framework can be a healthy option.

In our case, there is a natural compatibility with Tarom in the logistics area, which could lead to a smarter use of public infrastructure (…). Without depending on public funds, we manage a state -owned company with own means and vision, ”said Valentin Stefan

About a month ago, Sorin Grindeanu, Minister of Transport said that Tarom had ended with profit last year. He did not know what the size of the profit was.

In the first semester of 2024, Tarom reported a profit of 166.8 million lei, compared to a loss of over 50 million lei reported for the first semester of 2023.

Tarom has not made a profit, since 2007, the last year in which he has achieved positive financial results. In 2023, the company made a turnover of 1.25 billion lei and reported a loss of 87 million lei.