The Government’s solution after the failed attempts to privatize CupruMin is to build a steel plant to process the company’s copper reserves, said the Minister of Economy Mihai Tudose for Digi24.
„At CupruMin, I acknowledge and say, we have started to build – I know it seems crazy after 27 years – a plant for non-ferrous metallurgy.
The state should do so. To not just exploit the ore but to manufacture in Romania finite product: copper plates. It has not been built.
Forgive me, we have been in the government for 2-3 months. To build a metallurgical plant in just 2-3 months, even if one uses plasticine it is not possible to make it! I understand that the level of expectation is very high, still, let us approach things in a thoughtful manner.
Because some of the things we are now criticize were also made under great pressures because they addressed targeted, immediate needs that proved to be unfounded,” explained the Minister of Economy Mihai Tudose.
Previous governments tried countless times to privatize the company, but all foreign companies interested withdrew at different moments of the process.
The resumption of the process for transferring CupruMin to private ownership has been assumed in the discussions with the International Monetary Fund.
