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Magyar Posta decides against bidding for Romanian peer

Hungary's state-owned postal company Magyar Posta has decided against participating in the privatization of its Romanian peer, the company told MTI on Friday. Magyar Posta said it took the decision after having reviewed the opportunities and conditions related to the privatization. The main task of the company in 2013 is to strengthen its position on the liberalized Hungarian market, they added. The Romanian government last Monday said it will sell its 51% stake in Posta Romana.