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Tag Archives: AAAS

European Commission: Romania needs to recover incompatible aid from petrochemical company Oltchim

The European Commission has found that Romanian petrochemical company Oltchim, in which the Romanian State has a controlling stake of 54.8%, received around EUR 335 million of incompatible aid from Romania, since the company’s failed privatisation in September 2012. In ...

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Lebanese sentenced to prison, compensated by the Romanian state with EUR 10m

Lebanese Hassan Awdi, sentenced to prison in Romania, has been compensated by the Romanian state with more than EUR 10 million, realitatea.net reports. The Budget of the Authority for State Assets Administration (AAAS) has been supplemented, “for the payment of ...

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