Ascultă Radio România Actualitaţi Live

Oltchim privatization "failed"

The prime minister said that the term of ten days that Dan Diaconescu had in order to respect what he proposed through the offer submitted on September the 21st expired Monday.

Oltchim privatization "failed"
PM Victor Ponta.

Articol de Paul Poteraşi, 03 Octombrie 2012, 08:56

Prime Minister Victor Ponta said Monday night at the Victoria Palace that the stake sale the state had at Oltchim failed.

"From that night, the circus has to stop, we have an obligation to the thousands of employees at companies Oltchim and Arpechim to end the circus triggered by one of the participants," said Victor Ponta.

The prime minister claimed that, from now, the backup plan must be explained for restarting work, save jobs and prepare a new procedure for privatization under much different and much improved conditions.

"Changed Approach" for Oltchim

The Head of government said the he asked the economy minister Daniel Chitoiu that Oltchim approach to be completely changed, "in order to show how we got here and what will be done from now on."

Victor Ponta stated that what made ​​Dan Diaconescu will be a subject notification that OPSPI will forward to relevant bodies of law, for what the prime minister called "how tried and used false documents and public institutions deceived" .

The prime minister said that the term of ten days that Dan Diaconescu had to respect what he proposed through the bid submitted on September the 21st expired Monday night.

"He promised to pay 45 million euros, not 1.8 million, no money for salaries, but 45 million euros, which the government was immediately willing to pay as safeguard loan for restart the factory.

"He undertook to present a business plan in 48 hours, he did not present, which reinforced the belief that it was not a serious offer.

"He took the offer that will present management team, which has not happened," said Victor Ponta.

Money for salaries, "brought by bag"

The owner and TV creator Dan Diaconescu sustained earlier that he wants to pay salaries to Oltchim employees, if a contract to acquire majority stake in the factory is not signed.

Dan Diaconescu's lawyers argued that the bags where money would be found to pay the overdue salaries was in front of the Ministry of Economy in a car of transport values.


Translated by Alexandra-Diana Mircea
MTTLC, Bucharest University

Steps taken to introduce buses connecting Romania and Bulgaria directly
News in English 30 Ianuarie 2026, 21:08

Steps taken to introduce buses connecting Romania and Bulgaria directly

Starting this spring, travelers will find it easier to get from Giurgiu to Ruse and vice versa. The necessary steps are being...

Steps taken to introduce buses connecting Romania and Bulgaria directly
Money for education from gambling taxation
News in English 30 Ianuarie 2026, 21:07

Money for education from gambling taxation

Social Democrat MEP Victor Negrescu proposes financing education and youth policies by introducing a harmonized European tax...

Money for education from gambling taxation
The Bucharest Court of Appeal postpones again its ruling on the request to suspend two judges from the Constitutional Court
News in English 30 Ianuarie 2026, 21:06

The Bucharest Court of Appeal postpones again its ruling on the request to suspend two judges from the Constitutional Court

The Bucharest Court of Appeal has again postponed its ruling in the cases requesting the suspension of the appointment of...

The Bucharest Court of Appeal postpones again its ruling on the request to suspend two judges from the Constitutional Court
28-year prison sentence for mother who repeatedly beat her daughter two years ago, causing her death
News in English 30 Ianuarie 2026, 21:02

28-year prison sentence for mother who repeatedly beat her daughter two years ago, causing her death

The Galati Court of Appeal sentenced the mother who repeatedly beat her 9-year-old daughter two years ago, ultimately causing...

28-year prison sentence for mother who repeatedly beat her daughter two years ago, causing her death
Ilie Bolojan and Friedrich Merz discuss defense cooperation in Berlin
News in English 28 Ianuarie 2026, 16:50

Ilie Bolojan and Friedrich Merz discuss defense cooperation in Berlin

Prime Minister Ilie Bolojan will be received this afternoon in Berlin by the head of the federal government, Chancellor...

Ilie Bolojan and Friedrich Merz discuss defense cooperation in Berlin
Bucharest University Hospital proposes a medical consortium with hospitals near the capital
News in English 28 Ianuarie 2026, 16:49

Bucharest University Hospital proposes a medical consortium with hospitals near the capital

A consortium between the University Hospital and medical facilities near Bucharest could change the route patients take and...

Bucharest University Hospital proposes a medical consortium with hospitals near the capital
Oana Toiu: Romania supports the US president's peace plan for the Gaza Strip
News in English 27 Ianuarie 2026, 18:45

Oana Toiu: Romania supports the US president's peace plan for the Gaza Strip

Romania supports US President Donald Trump's peace plan for the Gaza Strip, Foreign Minister Oana Toiu said at the...

Oana Toiu: Romania supports the US president's peace plan for the Gaza Strip
Romania considers that the measures proposed by the European Commission in the field of agriculture are insufficient
News in English 27 Ianuarie 2026, 18:44

Romania considers that the measures proposed by the European Commission in the field of agriculture are insufficient

Romania considers that the measures proposed by the European Commission in the field of agriculture are insufficient,...

Romania considers that the measures proposed by the European Commission in the field of agriculture are insufficient

Radio România

SUA: Milioane de pagini din dosarele prădătorului sexual Jeffrey Epstein, făcute publice

SUA: Milioane de pagini din dosarele prădătorului sexual Jeffrey Epstein, făcute publice

SUA: Milioane de pagini din dosarele prădătorului sexual Jeffrey Epstein, făcute publice
A murit actrița Catherine O'Hara

A murit actrița Catherine O'Hara

A murit actrița Catherine O'Hara
HUNEDOARA: Doi poliţişti au salvat un bărbat care încerca să-şi ia viaţa

HUNEDOARA: Doi poliţişti au salvat un bărbat care încerca să-şi ia viaţa

HUNEDOARA: Doi poliţişti au salvat un bărbat care încerca să-şi ia viaţa
CONSTANȚA: Protest spontan la Rafinăria Petromidia. Peste 100 de angajați cer majorări salariale

CONSTANȚA: Protest spontan la Rafinăria Petromidia. Peste 100 de angajați cer majorări salariale

CONSTANȚA: Protest spontan la Rafinăria Petromidia. Peste 100 de angajați cer majorări salariale