* Constantin Roibu and the entire executive at "Oltchim" have resigned

* Bids for the receivables of the AVAS and Electrica expected until next Monday

* Wojciech Zaremba: "Too little time for adequately preparing the bids"

* Ponta: "We have two investors interested in the plant"

Prime Minister Victor Ponta bet the head of minister Daniel Chiţoiu on the success of the privatization process of "Oltchim" Râmnicu Vâlcea (OLT), which is now nearing the finish line, as the company yesterday saw wide-scale protests, and CEO Constantin Roibu left the company after 20 years at the helm.

"Minister Chiţoiu, you know, you answer with your head, your life and all, for the success of the privatization of Oltchim", Victor Ponta said yesterday in the beginning of the Government.

The prime minister announced that there are two big companies, two of the totally different geographical areas, interested in the plant of Vâlcea, saying that at first he was scared that "nobody would be interested in the privatization".

It is not clear whether Ponta was also considering the minority shareholders of "Oltchim", PCC SE, who over time, quarreled with CEO Constantin Roibu who resigned yesterday, and also got into a fight with Remus Vulpescu, the head of the OPSPI, whom they accused of breaking the confidentiality agreements. In spite of all the disputes, PCC SE never stopped expressing interest in acquiring "Oltchim".

One week ago, Remus Vulpescu, the head of the Office For The State's Interests and Industrial Privatization (OPSPI), had said that there are over five investors interested in "Oltchim", but it is very much possible that he was also counting the four companies which had filed letters of intent in spring.

* "A protest of desperation"

Contrary to the enthusiasm of Bucharest, in Vâlcea the employees took to the street unhappy