Companies can file bids on October 17, Euroconsult said in a statement.

Ecodiesel went insolvent in June. The company bought Crisana refinery in 2008, for nearly EUR15 million from Petrolsub Balc, which went bankrupt in 2007.

Ecodiesel is owned by two Romanians and one Italian.

Crisana refinery, which became operational in 1969, was closed down back in 2005 due to the unpaid debts for the crude oil provided by oil company Petrom. Ecodiesel resumed the refinery’s operations in 2010.