Oltchim Administrators Propose Split-up Before Privatization

03.13.2013 By Manuela Panescu

The legal administrators of Romanian insolvent state-owned chemical plant Oltchim recommend the company’s privatization either by setting up a special purpose vehicle, which takes over the plant’s functional assets, or by splitting up the viable assets from the nonviable ones.

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Keywords:
OLTCHIM
, INSOLVENCY
, PRIVATIZATION