OLCHIM
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Energy
SIFs Want To Jointly Invest In Oltchim After Privatization
Romania’s five regional investment funds (SIFs) plan to form a consortium to invest in state-run chemical company Oltchim after privatization, and propose a merger between the plant and Chimcomplex Borzesti, the Economy Ministry said Thursday.
Energy
Oltchim Sends 1,000 Employees Into Furlough
Romanian state-run chemical plant Oltchim on Monday announced it will sent some 1,000 employees into furlough, between November 15 and 30, continuing a cost cut program launched in August be...
Capital Market
Oltchim Maintains Furlough For 1,000 Employees
Some 1,000 employees of Romanian chemical plant Oltchim (OLT.RO) will be kept on furlough in October, for the third month in a row, because of raw material and working capital shortages, the...