OLTCHIM
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Oltchim’s Insolvency Approved By Managing Board
The Managing Board of Romanian state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) on Thursday voted for the company to file for insolvency to undergo reorganization, supporting a propo...
Oltchim Files For Insolvency
Romania’s state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) will enter insolvency and a request to this end is to be sent to the Valcea Court, Economy Minister Varujan Vosganian told...
Oltchim's Debts Exceed RON2.68B In 2012
Romania’s state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) had debts of over 2.68 billion lei (EUR0.61 billion) at the end of 2012, according to a document presented by the Governmen...
PCC Increases Stake In Oltchim To 32.3%
Germany's PCC SE increased its stake in Romanian chemical company Oltchim (OLT.RO) by 14.02% after taking over Cyprus-registered firm Polyolt Holding Limited, owned by investment fund Carlso...
TISE Delegation Expected To Bucharest For Talks On Oltchim Privatization
A delegation of Russian energy producer TISE will arrive to Bucharest in a few days for talks on a “strategic collaboration” in the chemical and oil sectors, deputy economy minister Rodin Tr...
Ponta Says Oltchim Employees To Receive Back Wages For November This Week
Romanian Prime Minister Victor Ponta on Monday said the employees of state-owned chemical company Oltchim will receive their back wages for November this week.
Oltchim Employees Resume Protests Over Unpaid Wages
Around 400 employees of Romanian chemical company Oltchim (OLT.RO) staged their second consecutive day of protests Tuesday, asking to be paid their back wages for September and October.
Oltchim Employees Receive Back Wages For September By November 27
The employees of Oltchim Ramnicu Valcea will receive half of their back wages for September until November 15, while the other half will be paid by November 27, according to the plant’s mana...
TISE Delegation Will Soon Come To Bucharest For Talks On Oltchim – Official
A delegation of Russian power producer TISE will come to Bucharest most likely next Friday for talks with Romanian Economy Ministry representatives on collaboration in the industry sector, s...