At the request of creditor Piraeus Bank Romania, the company’s building located in Bucharest, on Unirii Blvd, no. 72, was foreclosed.
Petrolimportexport was established in 1948, as an anonymous joint-stock company, and on January 1, 1991, it became a joint-stock company for the import and export of oil products.
The company was privatized in 2000 and is 76.7% held by Laird Resources LTD.