“I wouldn’t rule out an offer from a large Russian company,” OPSPI’s head Remus Vulpescu said, without giving further details.
Oltchim is majority owned by the Economy Ministry, with a 54.8% stake, while Germany’s PCC SE holds an 18.32% stake.
The company will be put up for sale September 18, as per an agreement signed with the International Monetary Fund under a EUR3.6 billion loan program.
According to the ministry, Oltchim’s privatization has already drawn interest from 13 companies, most of the foreign.