Thursday, September 3, 2026
Interim Minister of Economy, Digitalisation, Entrepreneurship and Tourism Irineu Darau says that Petrotel Lukoil’s insolvency is “a crossroads” which, over time, may lead to many different solutions, but acknowledges that it could also lead to negative scenarios.
“I also believe that, in certain situations, insolvency may be the only solution. Insolvency ultimately means a kind of crossroads lasting several years, which may lead either to a healthy restoration of the company’s operations or to a negative scenario. From this point onwards, it also depends on the judicial administrator and on what plans they draw up, but I believe that, in the short to medium term, it can…