Rafo: who benefits from the 330m-euro guarantee?

The Romanian Government announced last week that it intended
to grant state guarantees worth 330 million euros for the loans
that Rafo Onesti refinery could take out in view of modernisation;
this is one of the biggest commitments made by the government to
the business world lately, after the guarantees offered to Ford and
Renault. Whilst the shareholders of the latter two are known, and
so is the state of their businesses, Rafo Onesti is controlled by
three companies, Calder International, registered in the
Netherlands, Petrochemical Holding registered in Austria, Balkan
Petroleum in the UK, with unknown shareholders. According to
previous information, these companies’ shareholders allegedly
include Russian businessman Iakov Goldovski, and his business
partners. The 330 million-euro investment plan that the state would
be willing to guarantee was announced shortly after Petrochemical
Holding, one of the major shareholders of the company held by the
Russian businessman, paid the 250 million euros that Rafo owed to
the Romanian state.