ARPECHIM
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SIF Transilvania Resumes Interest In Buying Oltchim Plant
Romanian regional investment fund SIF Transilvania (SIF3.RO) resumed interested in buying state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) with the condition of taking over refinery Arpechim Pitesti as well, owned by OMV Petrom (SNP.RO).
Fuel Demand Rebound And Good Refining Margins Won’t Change Arpechim’s Fate
Neither the significant improvement of the refining margins nor the rebound in oil product demand can change the fate of Arpechim, the third largest oil refinery by capacity in Romania held...
OMV Petrom To Turn Part Of Installations At Its Arpechim Refinery Into Crude Oil Warehouse
Romanian oil and natural gas company OMV Petrom (SNP.RO), part of Austrian group OMV, will demolish a part of constructions and installations on the platform of its Arpechim refinery in Pite...
Petrom’s Arpechim Refinery To Turn Into Oil Terminal
Romanian oil and natural gas company OMV Petrom (SNP.RO) will turn a part of installations at its Arpechim refinery into a warehouse for crude oil, Petrom's chief executive officer Mariana G...
Vosganian: OMV Petrom Not To Dismantle Arpechim Refinery
Romania’s Economy Minister Varujan Vosganian on Friday said OMV Petrom (SNP.RO) will not dismantle its Arpechim refinery, as announced Thursday, and it will be at the Government's "disposal"...
Arpechim’s Teardown Spells Doom For Oltchim
OMV Petrom (SNP.RO) may have posted its highest net profit ever and may be focusing on oil, gas and power production but the one of its refineries among the largest in the country, Arpechim,...
Petrom To Tear Down Arpechim Refinery If No Buyer Steps Forward
Romanian oil and gas group OMV Petrom (SNP.RO) Thursday said it will dismantle its unprofitable Arpechim refinery unless it can find a suitable buyer.
Romania In Advanced Talks With OMV To Buy Arpechim Refinery
Romanian authorities are carrying advanced negotiations to purchase the Arpechim refinery from oil company OMV Petrom (SNP.RO), local officials in Arges County said Monday.
Over One Third Of Arpechim Pitesti Employees To Be Laid Off On January 9
More than a third of the employees of Romanian refinery Arpechim Pitesti, which belongs to oil company OMV Petrom (SNP.RO), will be laid off on January 9.