* Vulpescu: At least five investors are tempted by the plant of Vâlcea
* The privatization of Oltchim without the conversion of the debt towards the AVAS into equity, approved by the Government
* The OPSPI will negotiate with "Petrom" an option for the sale of "Arpechim"
* Vulpescu: The receivables of AVAS and Electrica, negotiated "at the market"
The clock is counting down on the privatization of "Oltchim", but the head of the OPSPI, Remus Vulpescu, is optimistic that he will find a buyer for the company, as the government yesterday approved his proposal - the privatization without the conversion of the debt towards the AVAS into equity.
Even though it fought for years for this conversion, including with the European Commission, the Romanian state is abandoning this procedure because it was an inadequate strategy, said Remus Vulpescu.
"I have full confidence that we will meet the deadline set by the IMF for the privatization of Oltchim (ed. note: September 26, 2012)", the head of the OPSPI said yesterday, adding that "more than five investors" bought the presentation folder.
This would allude that interest in the company has increased, because in spring, only four non-binding commitments had been filed, by TISE (Russia), PCC SE (Germany), Pegamont Ploieşti and Aisa Invest of Cluj, a company controlled by businessman Ştefan Vuza.
It would seem that businessman Dan Voiculescu also wants to participate in the privatization, according to some sources, as well as Azeri company SOCAR (Azerbaijan) and other companies from the United Arab Emirates and Russia.
Remus Vulpescu declined to mention any names, and only confined himself to saying repeatedly: "Anyone can participate in the privatization".
According to the spokesperson of the Government, Andrei Zaharescu, the Government has approved the change of the st
