Oltchim privatization failed again

No investor of the four who have purchased the tender presentation for Oltchim has submitted a tender to purchase the shares Oltchim holds in Oltchim SPV (Special Purpose Vehicle), the company created by the Ministry of Economy to receive Oltchim’s  viable assets. The deadline was set for March 28, at 11:00. The petrochemical plant’s consortium of insolvency administrators say that some of the stakeholders have requested a 30 days ...

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