Bucharest, October 30 (Interfax-Ukraine) – Romania is not interested in completing the building of Kryvy Rih Mining and Enrichment Plant for Oxidized Ores (KGOKOR) in the settlement of Dolynske, Kirovohrad region, and wants the return of its investments, Romanian President Traian Basescu has said.
He was speaking at a joint press conference with Ukrainian President Viktor Yuschenko in Bucharest on Tuesday.
"Romania is already uninterested in further investing in Kryvy Rih oxidized ore mill, because the metallurgical industry in Romania has been privatized… At the same time, we are interested in the decision Ukraine will take after consultations with us, [so that] we would be able to recoup investments worth around $ 1 billion made in the Kryvy Rih mill," Basescu said.
He said "the main thing wasn't what sum Romania would recoup, - this can be either 30% or 200% - everything will depend on the results of [the possible] privatization [of KGOKOR]."
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