Romanian Govt To Convert Into Shrs Oltchim’s Debts To Privatization Auth
09:49, 16 Iul. 2009
Romania’s Government decided to convert into shares the EUR134 million debt of state-owned chemical plant Oltchim (OLT.RO) to the country’s privatization authority AVAS and to start the procedures to guarantee 80% of a EUR300 million loan taken by the company.