Oltchim shareholders will meet at the beginning of October.
The Economy Ministry owns a 54.8% stake in Oltchim, followed by PCC, with a 32.34% stake.
Oltchim’s judicial administrators are Rominsolv and BDO Business Restructuring.
The chemical company halted operations in August 2012 in preparation for a privatization attempt, which failed after the auction winner refused to pay the price agreed with the authorities.
In August, Oltchim administrators stated they plan to resume the auction for the sale of the company’s assets, in a new auction that will be organized on December 15, after two failed attempts this year, in March and June.
In December 2013, the Economy Ministry set up a special purpose vehicle called Oltchim SPV to manage the company’s assets valued at some EUR305.24 million.