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Oltchim privatization plans unveiled

After intervention from the International Monetary Fund (IMF), Romania’s economy ministry aims to sell its 54.79% majority stake in loss-making chemical producer Oltchim, according to ICIS news.  Germany’s Petro Carbo Chem – an activist shareholder is likely to be interested. Economy mnister Ion Ariton is also revealed that Oltchim’s creditors, including Erste Group’s Banca Comerciala Romana could […]

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