OLTCHIM
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Chitoiu: Oltchim Currently Operates At 30% Capacity
Romania’s state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) currently operates at 25% to 30% capacity, and with 800 employees of a total of 2,600, Economy Minister Daniel Chitoiu said...
Romania To Give Emergency Aid To Oltchim Employees In One Tranche, In December
The Romanian Government decided Tuesday to provide an emergency aid for the employees of chemical plant Oltchim Ramnicu Valcea (OLT.RO), in one tranche in December, as it didn’t have “enough...
Oltchim Funds Production Restart With Advances From Clients
Production at Romania’s state-run chemical plant Oltchim Ramnicu Valcea (OLT.RO) was restarted with money paid in advance by the company’s clients, Rodin Traicu, secretary of state with the...
Oltchim Loss Widens To RON308.5M In January-September
Romania’s state-run chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Monday said its net loss widened 72% on the year to 308.5 million lei (EUR69.6 million) in the first nine months, hur...
Romania Plans State Aid Of EUR20M To Debt-Mired Oltchim
Romania’s Government is considering granting an emergency aid of EUR20 million to chemical plant Oltchim Ramnicu-Valcea (OLT.RO), an official of the Economy Ministry said Wednesday.
Carlson Ventures Transfers 14% Stake In Oltchim To Cyprus-based Firm
UK-headquartered investment fund Carlson Ventures has transferred its 14.02% stake in Romanian state-run chemical company Oltchim SA (OLT.RO) to Cyprus-based Polyolt Holding Limited, the che...
Oltchim Employees Receive Remaining Wage For August, Operations Partially Resumed End-Week
The employees of Oltchim Ramnicu Valcea will receive at the end of this week the remaining of their back wages for August, while the operations will also be partially resumed, according to t...
Oltchim Employees Receive Half-Wage, Meal Vouchers For August
The employees of Oltchim Ramnicu Valcea received Friday half of their back wages as well as their meal vouchers for August, according to acting trade union leader Corneliu Cernev.
Romanian Government Grants Social Aid To 522 Oltchim Workers
Romania’s Government decided Wednesday to grant social aid to 522 employees of debt-mired chemical plant Oltchim Ramnicu Valcea (OLT.RO), who don’t own multiple homes or land, and whose aver...