12 November 2010 17:35 [Source: ICIS news]
The move toward privatisation would be based on consultations that had taken place with the International Monetary Fund (IMF), the ministry said.
Economy Minister Ion Ariton was also examining the possibility of some of Oltchim’s creditors, including Erste Group’s Banca Comerciala Romana, converting debt into shares to become shareholders in the company.
Karoly Borbely, state secretary at the economy ministry, said that two investment funds are interested in buying the state’s stake.
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