The offer will be available for one year and a half, the company said in a statement to Bucharest Stock Exchange.
Chimcomplex wants to pay a minimum price equal to the stock market price at the time of the acquisition and a maximum price of RON1.38/share.
On the Bucharest Stock Exchange Friday, Chimcomplex shares traded at RON0.72/share, thus, the company has a market value of RON93 million.
Chimcomplex is 83.8% indirectly owned by Stefan Vuza, through A2 Impex company, while the Romanian state owns a 12.89% stake.
In 2015, the company reported a turnover of RON193 million and a profit of RON12.9 million.