PCC currently owns 32.33% of Oltchim’s shares: 18.31% directly and 14.02% through Polyolt Holding Limited.
Oltchim is controlled by the Economy Ministry with a 54.8% stake.
Romania’s Government failed to privatize Oltchim in October. The privatization procedure will be resumed in the first half of 2013.
On the Bucharest stock market Tuesday Oltchim traded up 1.73%, at 0.529 lei (EUR0.11) a share. (EUR1=RON4.4106)