Dan Voiculescu, the founder of the Conservative Party (PC), is a name which is being mentioned again in connection with Oltchim, at a time when the authorities are preparing for a new attempt to privatize the company, this time through the insolvency process.
The union leaders at Oltchim yesterday said, after a meeting with the new minister of the Economy - Andrei Gerea, that Marius Pârvu will replace Mihail Tălpăşanu as the CEO of Oltchim. Until yesterday, Marius Pârvu served as the manager of the Bradu petrochemical division of Oltchim.
There is a rumor making the rounds through the plant which says that Mr. Pârvu is heavily backed by the Conservative Party, whose founder has long been interested in Oltchim.
In 2012, the BURSA newspaper reported that Roibu was planning to privatize Oltchim, through a few companies and people that he was friendly with, including Dan Voiculescu, a group of Israeli businesspeople represented by Gheorghe Alexandru Hetel and Socar. Meanwhile, his plans failed, and Oltchim has yet to be privatized.
One of the scenarios making the rounds in Vâlcea is that the Conservative Party is gaining ground again at Oltchim and, as a result, so are the Russians of Oil Gas Trade, whom are said to be testing the waters for Gazprom to acquire Oltchim. Officially, Oil Gas Trade announced that it intends to invest about 300 million Euros in Oltchim and that it is interested in acquiring the petrochemical division as well. This scenario does not exclude the possibility of Roibu having joined forces with Voiculescu again to acquire Oltchim on the cheap, since it is now insolvent and struggling to raise funding.
Another scenario making the rounds at the plant of Vâlcea is that Marius Pârvu has been elected as general manager of the plant precisely because he is an opponent of Constantin Roibu, having stood out as one of his cr