Chimcomplex is part of Romanian industrial group SCR, owned by businessman Stefan Vuza.
Oltchim SA has been under insolvency since January 2013 and is currently managed by a consortium of judicial administrators. At the end of 2016, the company set off the sale process of nine assets bundles within the reorganization stage of the insolvency proceedings.
In December 2017, Chimcomplex SA acquired lands and buildings, intellectual property rights, machinery, equipment, and technologies for a total of EUR127 million.
Oltchim posted a gross profit of RON102.7 million for the first half, 2.8 times higher than in the same period last year. Its turnover increased 20.2%, to RON577.2 million, as its export sales grew 20.3%, to RON98.7 million, accounting for 80% of the turnover.