Romania agrees to sell a 20% share in TAROM

TAROM-Romanian Air Transport Boeing 737-78J WL YR-BGF (msn 28440) (SkyTeam) BRU (Jens Polster), originally uploaded by Airliners Gallery.

TAROM-Romanian Air Transport (Bucharest) is facing a future with new owners. The government of Romania has agreed to sell a 20 percent share in the flag carrier. The initial public offering (IPO) has been delayed pending the right market conditions.

Read the full report from Reuters: CLICK HERE

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This entry was posted in TAROM and tagged TAROM on September 2, 2011 by Bruce Drum.

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