Bucharest - The Romanian government is expected to put its majority stake in troubled chemical company Oltchim up for sale at the start of August, according to a report in Reuters.
The government put the debt-stricken Oltchim into administration earlier in the year while preparing the process of privatisation, local reports said.
UTI has previously reported that PCC of Germany and investment fund Carlson Ventures International, which jointly own 31.3 percent of Oltchim, have joined in a bid to acquire the company.
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