OLTCHIM
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Fortissimo Capital And PCC SE Team Up For Privatization Of Chemical Plant Oltchim
Israeli private equity investment group Fortissimo Capital and PCC SE, minority shareholder in Romania’s state-owned chemical company Oltchim SA, will form a consortium to participate in the...
Economy Ministry: Turkish Yildirim Holding Interested In Cupru Min, Oltchim
Romanian Economy Ministry Thursday said that Turkish chrome producer Yildirim Holding Inc. is interested in investing in Romanian state-run copper producer Cupru Min Abrud.
Oltchim's 1H Net Loss Narrows To RON147.4M
Romanian chemical company Oltchim Ramnicu Valcea (OLT.RO) Tuesday reported a net loss of 147.4 million lei (EUR33.3 million) in the first half, compared with RON182.2 million in the same per...
Oltchim Puts 700 Workers On Furlough Until September 8
Romanian state-owned chemical plant Oltchim Ramnicu-Valcea (OLT.RO) said Friday it will put 715 employees on furlough between July 29 and September 8 because of lack of working capital and r...
Romania Makes Oltchim Takeover Proposition To SOCAR
Romania’s government made a proposition to Azeri state-run oil company SOCAR to take over state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO), which entered insolvency at the beginnin...
Oltchim Expects 53% Drop In 2Q Sales
Romanian insolvent chemical company Oltchim Ramnicu Valcea (OLT.RO) expects its sales will drop 53% on the year to 134.4 million lei (EUR29.7 million) in the second quarter, the company’s le...
Vosganian: Privatization Announcement For Chemical Plant Oltchim To Be Published Monday
Romanian Economy Minister Varujan Vosganian said Thursday the privatization announcement for insolvent state-run chemical plant Oltchim Ramnicu Valcea would be published Monday, June 3.
Oltchim 1Q Loss Up 3.7% On Year To RON85.92M
Romanian insolvent state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) Monday said it registered loss of 85.92 million lei (EUR19.6 million) in the first quarter of 2013, up 3.7% from...
Vosganian: Romania Received Ten Letters Of Intent For Oltchim
Romania has received letters of intent from ten prospective investors in insolvent state-run chemical plant Oltchim Ramnicu Valcea, Economy Minister Varujan Vosganian said Thursday.