The offers were filed by Germany’s PCC SE, minority holder in Oltchim, local companies Aisa Invest and Chimcomplex and television host Dan Diaconescu.
The outcry auction to sell Oltchim will be organized Friday, September 21, at around 12:00 local time (GMT0900).
PCC submitted an offer to purchase both the Economy Ministry’s stake in Oltchim and the chemical company’s debts to privatization authority AVAS and state-run power company Electrica, valued at EUR410 million.
Aisa Invest and Chimcomplex are both owned by local businessman Stefan Vuza. Vuza wants to buy only Oltchim’s debts to Electrica.
Diaconescu submitted a bid to purchase only the state’s stake in Oltchim.
Oltchim is majority owned by the Economy Ministry, with a 54.86% stake, while Germany’s PCC SE holds an 18.32% stake.