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Reports: Preliminary bids for Oltchim privatization to be published 4 June

7:32 AM MDT | May 31, 2013 | Francinia Protti-Alvarez

Preliminary bids for the privatization of Oltchim (Râmnicu Vâlcea, Romania) are to be published on 4 June, Varujan Vosganian, Romania's minister of the economy, said at a press conference, according to a report from the national news agency Agerpres. This second, previously announced, attempt to privatize the company is slated to be finalized in September or October, as reported by CW. The company went into administration in July last year. Eight companies have shown interest in Oltchim, of which five are at different stages of talks, and...

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