Romania Picks Goldman Sachs, Erste to Manage Romgaz Share Sale

Jan. 24 (Bloomberg) -- Romania picked a group of banks led by Goldman Sachs Group Inc. to manage the sale of a 15 percent stake in state-run natural-gas producer Romgaz SA through the Bucharest Stock Exchange, Florin Vladan, an Economy Ministry official in charge of the sale, said in a phone interview in Bucharest today.

The group includes Erste Group Bank AG, Banca Comerciala Romana SA and Raiffeisen Capital & Investment.

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