State firms grappling with change amid demonopolization

Changes at state-owned energy companies grappling with demonopolization and deregulation in their countries' energy sectors top this week's company news.Brazil's Commerce Minister Alcides Tapias has announced that the government plans to sell 32% of Petroleo Brasiliero SA's shares by late July.In a move intended to prepare Gaz de France (GdF) for deregulation of the European Union gas market-scheduled for Aug. 10-Chairman and CEO Pierre Gadonneix has organized the state-owned gas monopoly utility into five business units, each with a relative degree of autonomy.Meanwhile, the Romanian government has approved the reorganization of the natural gas utility Romgaz.In other com...

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