





Economy Ministry: Romania Government to privatize Oltchim next year
Romanian authorities will acquire consultancy services for the process this year. By August, the government will employ an internationally recognized consultant to prepare the privatization, while the bidding for the sale will take place by mid 2012.
The Romanian state, through the Economy Ministry, controls 54.79% of the Oltchim chemical plant. The company debt amounted to 2.289 billion lei by the end of 2010.