Arpechim refinery in Romania set to return to state ownership
Wednesday, January 11, 2012
The Romanian state will take back the Arpechim refinery in Arges county, with state officials currently in talks with OMV Petrom representatives concerning the handover process, according to Gheorghe Davidescu, the Arges county prefect. The refinery should start working under state rule in April this year at the latest, according to Davidescu. It is set to be included in the privatization package together with Oltchim, which is due for sale to a private investor this year. Arpechim is the ...

