Romanian State Selling Strategic Bank Asset At Undervalue

A Romanian senator has accused the government of attempting fraudulent sales of state-owned companies. The senator described the planned operations as opaque actions intended to benefit a restricted group rather than the public interest. In response, Ili Aboloșan stated the senator has become a target for refusing to accept the waste of public funds. The accusations follow recent discussions regarding the efficiency of state-owned enterprises. The Romanian government may adopt a measure during an extraordinary session at 12:00 regarding pension and state salary options. The document, delayed due to a lack of legislative council approval, requires individuals to choose between receiving a pension or a state salary. The project is expected to affect approximately 10,000 budget employees. Under the proposal, some individuals might receive only 15 percent of their pension to avoid dual full income from public funds. Employer associations are contesting the proposal, claiming an excessive 85 percent pension reduction and potential discrimination between pensioner categories. This decision is described as a political move that favors buyers while prejudicing public interest. The state invested 1 billion lei into this bank in 2025. No serious analysis comparing the sale to private institutions like Banca Transilvania or BRD shows a multi-billion lei undervaluation.