Saptefrati and Rotileanu will fill these positions until Oltchim’s General Assembly of Shareholders appoints new Board members, the company said in a statement Friday.
Borbely, a former secretary of state with the Economy Ministry, recently stepped down from the Board, which he chaired, citing personal reasons. At the beginning of June, Bulboaca, managing partner of law firm Bulboaca & Asociatii, resigned from his position of interim member of the Board.
In May, Rotileanu was appointed Economy Ministry secretary of state, replacing Borbely. Saptefrati was a member in the National Integrity Council, and also served as manager at state-owned electricity distributor Electrica, military defense contractor Romarm and aircraft repairs and maintenance company Romaero.
Oltchim, in which the Economy Ministry owns 54.8%, is slated for privatization later this year.
On the Bucharest bourse Thursday, Oltchim shares traded down 8.45%.