IHS Chemical Week

Regions :: Eastern Europe :: Hungary

Romanian Businessman Wins Auction to Buy Oltchim Stake, but Deal Still in Doubt

12:48 PM MDT | September 24, 2012 | Ian Young

Romanian politician and businessman Dan Diaconescu won the previously announced auction to buy the Romanian government's majority stake in Oltchim (Râmnicu Vâlcea, Romania). Diaconescu, head of a political party and owner of a Romanian television station, pledged to pay about 203 million leu ($59 million) for the state's 54.8% stake in Oltchim. The other bidders were PCC (Duisburg, Germany), a minority shareholder in Oltchim; Aisa Invest (Cluj-Napoca, Romania); and Chimcomplex (Borzesti, Romania). The Office of State Ownership and Privatization in...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa