Romanian Petrochemistry Needs State Aid To Revive

Romania’s petrochemical industry cannot revive without the aids or guarantees granted by the state to Rafo (RAF.RO) refinery and chemical plant Oltchim (OLT.RO), as 2010 will be a difficult year for the companies that need loans, Tuesday said interim Economy Minister Adriean Videanu."2010 will be an important year when the government must treat its state aid policy with utter seriousness," Videanu told a news conference Tuesday.The government plans to grant EUR330 million in ...

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