OLTCHIM
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Government Finds Solution To Transfer Money To Oltchim, Avoid Fund Blocking - Sources
Romania’s Government is considering setting up a firm to transfer money to chemical plant Oltchim Ramnicu Valcea (OLT.RO) to pay overdue wages and restart activity, people close to the matte...
Ponta: Oltchim To Restart Some Units In November
The employees of Romanian chemical company Oltchim (OLT.RO) may receive their unpaid wages in October, while in November certain units will gradually be restarted, Premier Victor Ponta said...
Ponta Meets With Russian Ambassador To Bucharest For Talks On Oltchim
Romania’s Prime Minister Victor Ponta on Monday met with Russia’s ambassador to Bucharest for talks on the privatization of chemical plant Oltchim Ramnicu Valcea (OLT.RO).
Failure Of 2012 Privatizations: From EUR1B Initially Expected To EUR37M
The Romanian state expected to raise around EUR1 billion from privatizations in 2012, but got only EUR37 million from the stock exchange sale of 15% in state-owned power grid operator Transe...
Romania Seeks EC Permission To Offer Financial Support Of Up To EUR10M To Oltchim
Romania’s Government asked the European Commission to approve a loan of up to EUR10 million to chemical plant Oltchim Ramnicu Valcea (OLT.RO), Prime Minister Victor Ponta said Friday.
Oltchim Will Put Public Procurement Contracts At Privatization Office’s Disposal
Romanian chemical company Oltchim (OLT.RO) will send all its public procurement contracts whose initial value exceeds EUR500,000 to the Economy Ministry’s privatization office OPSPI.
Government Checks Oltchim Workers’ Revenues Before Paying Out Social Aid
Romania’s Government will grant social aid to the employees of chemical company Oltchim whose income does not exceed the average monthly wage, and after it checks their revenues and fixed as...
Oltchim Workers End Protest After Promises They Will Recover Unpaid Wages By October 17
The employees of Romanian chemical company Oltchim Ramnicu Valcea (OLT.RO) have ceased protests over unpaid wages and will receive the money by October 17, interim union leader Corneliu Cern...
Economy Ministry Privatization Office Head Resigns Over Failed Oltchim Sale
The head of the privatization office with Romania’s Economy Ministry, Remus Vulpescu, resigned Wednesday over the failed sale of chemical plant Oltchim Ramnicu Valcea (OLT.RO).